How to Lower Your Landscaping Contractor Business Insurance Cost

Nate Jones, CPCU, ARM, CLCS, AU
7 days ago
2 min read

Running a landscaping business involves many expenses, and insurance is often one of the largest. While you need coverage to protect your employees, clients, and equipment, there are effective ways to lower your landscaping contractor business insurance costs without sacrificing protection. Implementing these strategies can save you money and make your business more competitive.

1. Bundle Policies for Savings

One of the easiest ways to reduce insurance costs is by bundling multiple policies with the same insurer. For example:

Business Owners Policy (BOP): Combines general liability and property coverage
Workers’ compensation + commercial auto + liability: Bundling multiple policies can qualify you for discounts

Working with a broker like Wexford Insurance can help identify the best bundling options for your business.

2. Maintain a Strong Safety Program

Insurance providers reward businesses that actively manage risk. Landscaping contractors can lower premiums by:

Training employees on safe equipment use and chemical handling
Providing personal protective equipment
Documenting safety protocols and job site inspections

A proven safety record reduces claims frequency, which can directly lower your insurance rates.

3. Choose Appropriate Coverage Limits

While it’s important to have adequate coverage, over-insuring can unnecessarily increase premiums. Review your business operations and assets to ensure you select coverage limits that match your actual risk exposure.

General liability limits should cover typical job sizes
Workers’ comp should match your employee payroll
Tools and equipment coverage should reflect replacement costs

An experienced broker can help balance coverage and cost.

4. Consider Deductibles Strategically

Higher deductibles can lower monthly premiums. However, you must ensure your business can cover the deductible if a claim occurs. This approach works well for contractors with fewer claims or smaller operations.

5. Maintain a Clean Claims History

Insurance costs are heavily influenced by claims history. Avoid frequent small claims by:

Fixing minor damages yourself when possible
Encouraging safe work practices to prevent injuries
Documenting job sites and incidents carefully

A clean claims record often results in lower renewal premiums.

6. Regularly Review and Update Policies

Business operations evolve, and so should your insurance. Regularly review your policies to remove unnecessary coverage, adjust limits, and add coverage for new risks. This ensures you aren’t overpaying for outdated policies.