As a landscaper in North Dakota, having proper insurance coverage is crucial for protecting your business, meeting state requirements, and securing contracts. This comprehensive guide breaks down the essential insurance coverages North Dakota landscapers need, including costs based on our analysis of actual quotes from leading carriers.
Explore detailed landscaping risk management coverage options available.
General Liability Insurance for North Dakota Landscapers
Based on our analysis of actual quotes from leading carriers, here are the typical general liability insurance costs for North Dakota landscaping businesses:
Current Average Premiums
| Revenue Level | Average Premium | % of Revenue | Favorable Rate | Potential Savings |
|---|---|---|---|---|
| $150K | $1,400 | 0.9% | $800 | 43% |
| $500K | $3,800 | 0.8% | $2,600 | 32% |
| $1M | $7,100 | 0.7% | $5,500 | 23% |
These premiums assume:
- Clean claims history (5+ years without incidents)
- Standard $1M/$2M coverage limits
- Approximately 10% subcontractor costs
- For $150K: 1 owner
- For $500K: 1 owner, 3 employees
- For $1M: 1 owner, 5 employees
Worker’s Compensation Insurance for North Dakota Landscapers
Worker’s compensation insurance is mandatory in North Dakota for landscaping businesses with employees. Based on our analysis:
- Average cost per employee: $3,650 annually
- Cost per $100K of payroll: $1,500
North Dakota has some of the most competitive workers’ compensation rates in the nation for landscaping businesses. Key factors affecting premiums include:
- Employee classification codes (primarily 0042 for landscaping)
- Annual payroll
- Claims history
- Safety programs
- Experience modifier rating (EMR)
Additional Business Insurance for Landscapers in North Dakota
1. Commercial Auto Insurance
- Annual premiums: $1,500-$3,050 per vehicle
- Standard coverage: $100K per person, $300K per accident, $100K property damage
- Higher limits ($500K-$1M) recommended for larger operations
2. Tools & Equipment Insurance
- Annual premiums: $200-$2,000
- Coverage ranges: $5,000-$15,000+
- Typical per-item limit: $5,000
3. Surety Bonds
Costs based on credit rating:
| Bond Amount | Excellent Credit | Good Credit | Bad Credit |
|---|---|---|---|
| $5,000 | $100-$150 | $150-$200 | $200-$400 |
| $10,000 | $100-$300 | $300-$500 | $500-$1,000 |
| $15,000 | $150-$400 | $400-$750 | $750-$1,500 |
4. Commercial Property Insurance
- Annual premiums: $1,000-$5,000
- Protects buildings, contents, and equipment
- Coverage for fire, theft, vandalism, weather damage
5. Business Owner’s Policy (BOP)
- Combines general liability and property coverage
- Often more cost-effective than separate policies
- Ideal for landscapers with physical locations
Get North Dakota Landscaper Liability with ContractorNerd
ContractorNerd makes liability and business insurance simple, efficient, and data-driven for North Dakota landscapers. Our expertise includes:
- Direct access to multiple carrier quotes
- Specialized knowledge of landscaping insurance requirements
- Data-driven recommendations based on 1,000+ landscaper quotes
- Streamlined application process
- Ongoing policy management support
Typical savings through ContractorNerd:
- Small operations ($150K revenue): 25-45% savings
- Mid-sized operations ($500K revenue): 35-50% savings
- Large operations ($1M+ revenue): 35-50% savings
Contact us today for competitive quotes tailored to your North Dakota landscaping business.