If you plow snow during the winter months, it is important to have the right type of insurance coverage to protect yourself and your business from financial loss in the event of an accident or other incident. Here are the types of insurance coverage you should consider:
Commercial Auto Insurance
If you use a vehicle for snow plowing, you should have commercial auto insurance. This type of coverage is specifically designed for vehicles used for business purposes and provides liability coverage for property damage and bodily injury while you are snow plowing.
General Liability Insurance
This type of insurance provides coverage for bodily resulting from your completed snow plowing operations. For example, if someone slips and falls in a parking lot, this policy provides coverage if they were injured and you were sued. If you are a contractor, you will want to make certain your policy includes coverage for snow removal operations. Sometimes a separate General Liability policy is needed for snow plow operations.
Workers' Compensation Insurance
If you have employees working for you, it is important to have workers' compensation insurance. This type of coverage provides medical and wage replacement benefits to employees who are injured on the job. If you are a contractor, you will want to check your Workers Compensation policy to make sure your policy is classified for your full scope of operations.
Umbrella Insurance
Umbrella insurance provides additional liability coverage that goes beyond the limits of your primary insurance policies. This can be important if you are involved in a serious accident or if someone is injured on your property and sues you for damages.
Property Insurance
If you own a snow plowing business and have a physical location, such as a garage or storage facility, you should consider property insurance. This type of coverage provides protection for your building and its contents in the event of damage or loss due to covered perils, such as fire, theft, or vandalism.
It is important to work with an insurance agent who understands the unique risks associated with snow plowing and can help you find the right insurance coverage to meet your specific needs. They can also help you understand the limits and deductibles of your policies and ensure that you are adequately protected.