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Maine’s growing season is short. Landscapers and lawn care contractors only have a few months to earn money. That means they must watch expenses carefully to be profitable. Too much overhead can be the difference between profit and loss for a Maine contractor. <\/strong><\/p>\n Prices vary depending on:<\/p>\n If you’re a single operator in Maine with a mower or two, you’ll probably pay less than $1500 a year. If you have heavier equipment to insure, you’ll pay a bit more.<\/p>\n If you have employees, yes. If not, you may or may not have to buy workers’ comp, depending on the legal setup of your business. For example, if you’re a “dba”, you can choose to cover yourself under workers compensation, but you’re not required to.<\/p>\n <\/p>\n Related Post: Who Needs to Buy Workers’ Comp Insurance in Maine?<\/a><\/strong><\/span><\/p>\n You can insure tools and equipment like deck mowers, weed trimmers, hand mowers and hedge trimmers on a contractors package policy. The price varies with the value of the equipment. It usually costs less than $3.00 per $1,000 of value. Some policies offer replacement cost coverage (new for old). Other policies cover depreciated value. Ask your agent what they’re quoting.<\/p>\n Business vehicle insurance costs more than personal. For a brand new 1\/2 ton pickup, budget about $1500 per year – more if you plow commercially. Even though it’s more expensive, it’s still a good idea to buy the business policy. You want to be covered properly.<\/p>\n Related Post: Should a Maine Contractor Insure Vehicles in a Business Name?<\/span><\/strong><\/p>\n <\/p>\n Storing fuel or equipment in an outbuilding can VOID COVERAGE<\/strong> for that building on your homeowners policy. If you have gas cans and mowers in your detached garage, and a fire starts, destroying the garage, your homeowners policy will NOT cover the rebuilding cost – even if the mowers or fuel had nothing to do with the fire.<\/p>\n Talk to your homeowners insurance agent about how your policy deals with this. Another option: insure your garage on your contractors policy. You want to make sure you have insurance help to rebuild after a disaster.<\/p>\n Have questions about contractors insurance for Maine<\/a> landscaping or lawn care business? If you live and work in the Portland Maine area, call a Noyes Hall & Allen Insurance agent<\/a> at 207-799-5541. We represent many insurance companies, so we can recommend the best value. We’re independent and committed to you.<\/p>\n","protected":false},"excerpt":{"rendered":" Maine’s growing season is short. Landscapers and lawn care contractors only have a few months to earn money. That means they must watch expenses carefully to be profitable. Too much overhead can be the difference between profit and loss for a Maine contractor. How Much Does Landscaping Liability Insurance Cost? Prices vary depending on: […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22,11,37,47],"tags":[72,32,45,6,25,46],"class_list":["post-4274","post","type-post","status-publish","format-standard","hentry","category-business-liability-insurance","category-business-property-insurance-business-insurance","category-commercial-vehicle-insurance-business-insurance","category-workers-compensation-insurance","tag-contractors","tag-doing-business-in-maine","tag-employment","tag-liability","tag-property-insurance","tag-workers-comp"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\tHow Much Does Landscaping Liability Insurance Cost?<\/h2>\n
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Do I Need Workers Compensation Insurance for My Landscaping Business?<\/h2>\n
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How Much Does Lawn Care Equipment Insurance Cost?<\/h2>\n
How Much Does it Cost to Insure My Landscaping Truck and Trailer?<\/h2>\n
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Can I Store My Lawn Care Stuff in My Garage at Home?<\/h2>\n