What Type of Insurance do you need for a tree trimming business?
If you run a tree-trimming business, then you’ll probably do everything from pruning trees to treating disease. This is great, but if you don’t have insurance then this could really go against you and this is the last thing that you need when you are working so hard to get your business off the ground.
Equipment Insurance
You have to make sure that you have equipment insurance. If you operate within the industry, then there is a chance that you need to have a special vehicle to transport your equipment and tools. If you end up having these stolen, then would you be able to replace them? Probably not. If you want to help yourself here then you have to make sure that you have commercial auto insurance, This will cover you if you are ever in an accident and it can also give you a level of cover if anything should happen to your equipment while you are transporting it.
Liability Insurance
Liability insurance is quite possibly the most important insurance cover you can take out. It will cover you for property damage and it will also pay out if someone on your site experiences an injury too. If your company provides any kind of tree removal service then this type of cover will protect you if there is a falling trunk or even if someone’s car is damaged as the result of a bad branch. The best tree removal insurance will include this as standard.
Worker’s Compensation
A lot of business owners understand how important it is to have worker’s compensation cover. If your worker becomes injured on the job, then you may need to cover them while they are out of work. You may also need to pay for their medical bills, depending on where in the world you operate.
Workplace Behaviour Cover
Some policies will give you some kind of workplace cover. This can be especially useful if you are concerned about someone in your workforce conducting any kind of damaging behaviour. It also covers you if you were to wrongfully terminate an employee. Sure, you might not think that things like this happen very often, but they do, far more than you realise. You never know when this is going to impact your business either, so you have to make sure that you do everything you can to have this type of cover included in the policy that you have.
Of course, there are plenty of things that you can do to try and benefit your business and if you follow the above tips then you will soon find that you can easily give yourself the boost needed to take things to that next level. On top of this, when you have the right type of cover, your customers will trust in you more as a professional, and this can really help you to make more money while also ensuring a high level of profit at all times.
