How a California Landscaper Cut Their Insurance Rate by 51%
When you're running a landscaping business, insurance is a major expense—but the carrier and broker you work with can make a significant difference.
We recently worked with a California landscaping contractor who had been insured through a broad insurance agency that worked across many different industries. While their coverage was in place, their insurance program wasn't benefiting from a broker focused specifically on construction and contractor risks.
The Situation
When we reviewed the landscaper's existing insurance program, they were paying a 7.75% net rate.
Because Ohler Insurance specializes in working with contractors, we were able to approach multiple insurance carriers that compete for construction businesses like theirs.
Instead of simply accepting the first available quote, we worked the market and leveraged competing carrier options against each other.
The goal was simple: create competition for the account and negotiate a better result for the contractor.
The Result
After going through the marketing and negotiation process, we were able to reduce their net rate from:
Previous Net Rate: 7.75%
New Net Rate: 3.87%
That's a reduction of approximately 51%, resulting in substantial savings on their total insurance premium.
And the benefits didn't stop at price.
The contractor now also has access to faster Certificates of Insurance (COIs) and the ability to issue certain certificates themselves when they need them.
For a contractor trying to get onto a jobsite or satisfy a customer's insurance requirements, that can mean less time waiting on an insurance agency and more time running the business.
Why Working With a Construction-Focused Broker Matters
Not every contractor will see the same savings, and insurance pricing depends on factors such as payroll, operations, loss history, classifications, coverage requirements and carrier underwriting.
But contractors can benefit from having a broker who understands their industry and knows which insurance markets are actively competing for construction accounts.
At Ohler Insurance Services, we focus on helping contractors with:
Workers' Compensation
General Liability
Commercial Auto
Bonds
Tools & Equipment
Umbrella & Excess Liability
Certificates of Insurance
Could Your Insurance Program Be More Competitive?
If you've been with the same insurance agency or carrier for years, it may be worth seeing what other options are available.
Send us your current insurance policy or renewal information, and we'll review your program and see what the market looks like for your business.
Individual results vary. Insurance premiums and rates depend on each business's operations, payroll, classifications, loss history, coverage, carrier underwriting and other factors.
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