Who needs Landscaping business insurance?
Here's your guide to landscaping business insurance: Who needs it and why?
Updated May 29, 2023.
Anyone who owns a landscaping business should consider landscaping insurance, whether they have homeowner clients for gardening or projects for corporate customers.
The landscaping industry in the United States is expected to grow by 3.1% in 2023 and is responsible for providing an income for over 1.29 million people in ground maintenance.
So, let's look at specific industry members and how landscaping insurance can help them.
Insurance for landscaping business owners
Landscaping insurance helps cover a number of incidents since it can have multiple policies.
- Liability claims — General liability can help cover third-party injuries and property damage to property that doesn't belong to you. And errors and omissions (E&O) insurance can help cover legal fees if a client sues you for negligence.
- Property damage and equipment theft — Damages to your goods and property can be covered by commercial property insurance.
- Employee injuries - Workers' compensation can include employers liability to help with financial losses if an injured employee sues you for their accident. It also covers medical costs and lost wages.
Insurance for landscaping employees
If you have employees working for your business, workers' compensation insurance is often required by state law. This coverage can help employees with the following:
- Injuries that happened while working
- Medical fees
- Lost wages
Landscaping contractors insurance
If you work as a contractor for a larger company or client, you may be required to carry certain types of insurance in order to be eligible for projects, including general liability insurance or workers' comp.
» Find out the common landscaping business insurance claims and how to avoid them
Get Landscaping insurance coverage with NEXT
Landscaping insurance can provide financial protection, peace of mind and more credibility with clients. NEXT can help you find affordable, tailored business insurance that meets your needs.
Apply online for an instant quote in less than 10 minutes to check out your options. Once you've got coverage, you can get your certificate of insurance and share it 24/7 with the NEXT app.