rico304
New member
The strangest thing about starting a small business is the insurance.
example,
My buddy is a Master Electrician and runs his business full time year round. His insurance is 1/3 of what I was charged for starting up a small tractor business. (only bush hogging, rototilling, moving light materials around and york raking.) No real digging or foundations.
I figured electrical would be a more dangerous thing. Mine stays fairly active for 5-6 months a year, while he works 12 months.
They (State Farm as well as others) wouldn't insure me if I did any digging with a backhoe or post hole digger. Even if I moved earth around with my FEL. I can see why some would be nervous about insuring a tractor, but to charge more than an electrical company seemed high. His limits were higher than what they were quoting me too.
Anyone else run into this?
example,
My buddy is a Master Electrician and runs his business full time year round. His insurance is 1/3 of what I was charged for starting up a small tractor business. (only bush hogging, rototilling, moving light materials around and york raking.) No real digging or foundations.
I figured electrical would be a more dangerous thing. Mine stays fairly active for 5-6 months a year, while he works 12 months.
They (State Farm as well as others) wouldn't insure me if I did any digging with a backhoe or post hole digger. Even if I moved earth around with my FEL. I can see why some would be nervous about insuring a tractor, but to charge more than an electrical company seemed high. His limits were higher than what they were quoting me too.
Anyone else run into this?