Forum Discussion

gvlandscape's avatar
gvlandscape
Contributor 2
22 days ago

Landscape/Snow&Ice Biz Insurance

So are using Michigan Miller insurance as we have for several years now to cover our liability, auto and workers comp insurance here in western ny. We are a 1.5 million in sales company and previously had another insurance that offered apples to apples coverage for over 65% more in cost. I feel that this a cost that is out of control in our business we have around 440k in payroll and 1.5 million in sale but between all three coverage areas in our business insurance is 50-60k. I just think its outragous but we are do snow plowing.

Who is everyone else using in a similar service situtation more importantly snow plow insurance and what are you paying. 

  • bedellmgmt's avatar
    bedellmgmt
    Jobber Ambassador
    19 days ago

    My business is much smaller than yours but we did use Michigan Miller’s many years ago. We more recently found better coverage for the price with Farmers a few years back. 

    We typically pay for some insurance based on what our actual exposure was at audit.

    I try not get too hung up on overhead costs I can’t really control,  as they are ultimately passed on to our clients to pay for. 

    • gvlandscape's avatar
      gvlandscape
      Contributor 2
      18 days ago

      Thanks for the input. I am really learning to take this perspective as well that it is just a fixed cost and at the end of the even if I save 10k in the scheme of things it isn't huge enough to make a difference. However I do believe if your are able to firm up your fixed costs/expenses across the board the savings would be huge. 

      • bedellmgmt's avatar
        bedellmgmt
        Jobber Ambassador
        17 days ago

        well said! Be safe this winter - hopefully we get some snow!!