You are in charge of removing snow and ice from parking lots, driveways, and roadways as a snow plowing contractor. This can be a risky work, and if you’re not adequately insured, your company may be at risk. The following are a few insurance options to think about:
1. General Liability Insurance: This insurance shields your company from legal actions brought about by mishaps or property damage. Your liability insurance would pay for any medical costs or legal costs, for instance, if a client slips and falls while walking to their car. 2. Commercial Auto Insurance: You require commercial auto insurance if you own a snow plow and utilize it for business purposes. If you are in an accident, this coverage will cover any damage to your car or the property of others.
3. Workers’ compensation insurance: You require workers’ compensation insurance if you employ people. If your employee gets hurt at work, this coverage will cover any medical costs and lost earnings.
4. Inland Marine Insurance: This insurance is made to guard against theft, vandalism, and damage to your snow plow and other equipment. For instance, your inland marine insurance would pay for the cost of rebuilding your snow plow if it were stolen. Is a License Required to Plow Snow in Ontario?
What Is the Price of a Snow Plow?
Depending on the kind of snow plow you require and the size of your vehicle, the price can vary significantly. Between $2,000 and $5,000 can be spent on a simple snow plow for a pickup truck, while up to $10,000 or more can be spent on a larger plow for a commercial vehicle.
To plough snow in Connecticut, you don’t need a CDL (Commercial Driver’s License). However, a CDL is required if you are operating a vehicle that weighs more than 26,000 pounds.
A respectable insurance provider with a focus on small business insurance is Hiscox. They provide a range of insurance products for small businesses, including general liability, professional liability, and cyber liability insurance, and have an A+ rating from the Better Business Bureau.
A snow plow can be installed on an F150, yes. However, it is crucial to confirm that the truck’s weight capacity is suitable for the plow’s size and weight. In order to safeguard against any potential accidents or losses, it is also advised that your snow plowing firm have the appropriate insurance coverage.