Landscaping Business Insurance Quote: What Affects Your Price?
- Nate Jones, CPCU, ARM, CLCS, AU
- 7 days ago
- 2 min read
Getting the right landscaping business insurance is crucial for protecting your employees, clients, and equipment. However, not all insurance quotes are the same—your premium depends on a variety of factors. Understanding what affects your insurance price can help you plan your budget and get the best coverage for your business. If you’re ready for a personalized quote, Wexford Insurance specializes in contractor coverage and can guide you through the process.
Key Factors That Affect Landscaping Business Insurance Quotes
1. Business Size and Payroll
The number of employees and your total payroll significantly affect your insurance costs. More employees increase the likelihood of workplace injuries, raising workers’ compensation premiums. Similarly, businesses with higher revenue may require higher coverage limits, impacting general liability costs.
Your services influence your risk profile. For example:
Lawn mowing and maintenance: lower risk
Tree trimming or pesticide application: higher risk
Hardscaping or construction: even higher risk
Insurers charge more for businesses with riskier services, reflecting the potential for claims.
3. Equipment and Vehicle Usage
Commercial vehicles and specialized landscaping equipment are expensive to repair or replace. The number and value of vehicles or tools you use can increase your commercial auto and equipment coverage premiums.
4. Location
Where your business operates matters. State laws, local claim history, and regional risks affect rates. Areas prone to severe weather, higher litigation rates, or strict regulatory requirements may have higher premiums.
5. Claims History
Past claims indicate future risk to insurers. A history of frequent or costly claims can raise your premiums, while a clean record may earn you discounts.
Documented employee safety training, certifications, and written protocols reduce perceived risk. Insurers reward businesses that proactively manage hazards with lower premiums.
How to Get the Best Insurance Quote
Prepare your information: Revenue, payroll, number of employees, services, vehicles, and equipment.
Understand coverage needs: General liability, workers’ compensation, commercial auto, and tools/equipment coverage.
Document safety measures: Written policies, training, and protective gear practices.
Work with an experienced broker: Wexford Insurance helps landscaping contractors submit accurate applications and compare coverage options for the best rate.
