Sustainability Movement Drives Demand For Landscaping Insurance

Landscaping is one of the most important ways to improve the sustainability of your business. Better Home and Gardens has cited research showing that planting shrubs and trees on your property can be great for the environment.

Landscaping Is Great For The Environment – Which Is Great Marketing For Landscaping Companies

The benefits of landscaping have been shown consistently in countless studies over the years. One of the most groundbreaking reports has come from the University of Pennsylvania. Here are two key findings from the report:

• The trees planted on campus helped remove over 7,500 tons of carbon from the surrounding air.
• The core campus was able to trim heating and cooling costs by over $50,000 in the first year, due to the reduced impact on the environment.

The results of this study are clear for other organizations. Landscaping isn’t just good for you to feel good about helping the environment or rebrand your business as a leader in sustainability. It can also reduce your energy costs considerably.

If you are a landscaping company, the benefits are even better. You can use this research as a key marketing point.

Landscaping Insurance Is Key To Survival In This Business

Your landscaping company definitely has to have insurance. Many property owners will not work with uninsured companies. Without the right coverage, your business opportunities will always be limited. Furthermore, lack of insurance means considerable financial risk. If your workers accidentally damage someone else’s valuable property, you are financially responsible.

But just having insurance is not enough. You also need the right kind of insurance. So, it’s best to work with a provider like landscaping insurance by Next Insurance which can provide several different options. To determine what coverage level is right for you, ask yourself a few questions.

What Does Your Policy Cover?

Not all insurance policies are created equally. Many have very large exclusions. After all, the insurance company wants to make money too. So, it will deny coverage in many situations. Typically, these exclusions are quite random and they may never occur in your business. But, you do not know until you look very carefully.

Should Your Deductible Be High or Low?

Higher deductibles usually mean lower premiums. High deductibles shift risk from the insurer to the policyholder, and insurance costs are all about risk. Of course, high deductibles also increase your financial responsibility. Sometimes that is okay and sometimes it is a major problem. Lower deductibles mean less risk and also higher premiums. So which one is right for you? Only you can answer that questions, and an honest answer requires a long look at your bank account information. Premiums are especially important in seasonal businesses like outdoor landscaping.

When Was Your Last Policy Review?

Simply signing the renewal paperwork does not count as a “policy review.” Instead, you should have an in-depth conversation with your agent. Tell your agent about your current financial picture and your business plans for the renewal period. Your agent should tell you about the risks involved with these plans and the insurance you need to cover these risks. If such a conversation is not forthcoming, it may be time to change insurance companies.

What About Your Claim History?

No one likes to pay deductibles on insurance claims. But this dark cloud has a silver lining. Using the financial impact of the prior claim, you can estimate what the next claim might mean for you financially. Furthermore, your agent should be able to advise you as to the risk of a future similar claim. These answers provide information. And the more information you have before you make a decision, the better your choice will usually be.

How Has Your Business Changed?

We would all like for our businesses to steadily expand over time. Typically, that is the case. But sometimes, our businesses contract as well. When you renew your landscaping insurance policy, make sure you are getting coverage for your current needs. Insuring last year’s business is a bad idea. This process usually means adjusting coverage amounts and possibly deductible levels.

You have the drive and resources to take your landscaping business to the next level. Make sure your insurance policy gives you the support you need.

Landscaping Companies Are Benefiting From The Green Movement, But Operating Without Insurance Can Ruin Them

There are a number of environmental benefits of landscaping. This is helping landscapers find more work. However, operating without the right insurance is a huge risk. Make sure you find the right landscaping insurance as you grow your business, as the green revolution takes off.