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Everything You Need to Know About Snow Removal Insurance 

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 Everything You Need to Know About Snow Removal Insurance 

Want to get into the winter business of plowing snow? Don't risk having a single slip and fall disaster wipe out the profits from an otherwise fruitful snow removal venture; instead, prepare in advance by obtaining appropriate insurance coverage. 


Why do you need insurance for snow removal? 

Insurance for a Snow removal near me company is exactly what it sounds like. Among the many options for business insurance, a specialized contractors coverage is the best way to safeguard your snow removal company against the unexpected perils of everyday operations. 


If you're sued because of an accident, such a slip and fall, your snow plow insurance can help cover the costs of defending yourself in court and paying for any medical bills or legal representation. In addition, your policy may pay for the cost of repairing or replacing equipment that has been lost, stolen, or destroyed. 


Coverage options for snow removal companies 

You can tailor a policy for your snow plow business by selecting the types of coverage you require and the corresponding monetary limits. To mitigate the specific risks associated with snow removal, businesses should have the following coverages in place: 


Business owners should have commercial general liability insurance in case their operations cause bodily injury or property damage to a third party. As a result, you won't have to worry about footing the bill for a lawsuit, medical bills, or repairing your neighbor's grass if an employee trips and gets hurt on the job or you accidently plow through their yard. 

Equipment and tools insurance – Often known as contents insurance, this sort of coverage can compensate you for any repairs or replacements of your equipment and tools. Leasing, renting, and borrowing equipment insurance (covering for the items you do so) and mechanical breakdown coverage may also be available from your insurer (protection for equipment breakdowns due to mechanical or electrical issues). 

Insurance for commercial cars and trucks – Unlike personal auto insurance, commercial auto insurance protects you financially in the event of an accident involving a company vehicle. If your company car is broken into or stolen, for example, the insurance might assist cover the cost of fixing or replacing it. If you or an employee are involved in an automobile accident as a result of company activities, third-party liability insurance can help pay for any resulting expenses (such as medical bills or property repairs). However, non-owned vehicle coverage may be necessary if your snow removal firm uses non-commercial vehicles (such as an employee's truck with a snow plow attached). 

It is important to keep in mind that not all insurance companies provide the same coverage options for businesses. And you might want to get a more extensive policy that includes things like key person insurance and professional liability insurance, depending on your specific needs.



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