We're getting closer and closer to winter, which means it's time to start thinking about that snow plow of yours. Are you properly covered in the event of an accident? What if you damage someone's property while on the job or your vehicle is stolen? Feeling a little anxious because you can't answer these questions off the top of your head? You're definitely not alone. Whether you're plowing snow and it's part of your business, or you're just making a little bit of extra cash plowing for your neighbors, you want to be properly covered. Make sure you understand your coverage before the cold weather plows into New England, pun intended!
Do you need snow plow insurance and why?
If you operate a snow plow for commercial purposes, chances are very high that you'll need snow plow insurance. Driving in snowy or icy conditions increases the likelihood of an accident. Remember how much it cost you to purchase your truck and whatever equipment you use and consider the risk you're taking if not properly insured.
If you use your personal vehicle to plow snow for others, don't make the mistake of assuming you're covered in the case of an accident under your personal auto policy. By plowing snow for your neighbors, your personal vehicle becomes a commercial vehicle, and operating a plow comes with additional risks. The majority of personal auto policies will not cover vehicles used for commercial purposes. If you are plowing for a town or a business, you need a commercial auto policy, and in the state of MA, you are legally required to have a commercial auto policy if you operate a vehicle with a plow on public roads. Get a free quote here.
Do you use your plow for personal use only?
Good news! You might not need to do anything. If you're only plowing your own driveway, your personal auto policy could be all you need. Make sure you understand your risks though. You may want to consider adding an endorsement. Arbella offers a snowplow endorsement that will provide coverage subject to a $200 deductible for loss to a snowplow installed in or upon an insured vehicle.
Do you already have a commercial auto policy?
You want to be sure that your plowing equipment is covered and under various circumstances and scenarios. Don't assume that detachable equipment is included in your policy. For example, if you remove your snow plow from your truck, place it by the side of your garage, and it is stolen, will your insurance policy cover this loss? (It is if you have comprehensive coverage!) Reading your policy is boring, we know, but you want to be certain you're not in for any surprises.
If you're insured with SJ Markham & Son, Inc., the good news is that we really mean it when we promise to treat you like family. We want you to understand your policy, so if you have any questions, you should always contact us. Send us an email, stop by the office, or give us a call. We're happy to answer all of your questions and make sure you have the coverage you need and understand it all.
What types of snow plow insurance are available?
Snow plow insurance is actually a combination of different types of coverages. Snow plow insurance may include a Business Owners' Policy or BOP with general liability, commercial truck insurance and other coverages that protect you.
Collision insurance will help you cover any repairs or replacement costs in the case of an accident. Comprehensive coverage does the same but applies to events that aren't caused by a collision, such as your plow being stolen or your vehicle being damaged if a tree falls on it.
You want to have coverage for your plow and your truck, but you also want to protect yourself and your plowing operation if you damage a customer's property, which comes in the form of general liability. General liability covers damage to people and property.
Learn more about these different coverages in detail here.
How can you save money when it comes to snow plow insurance?
A BOP is a great way to save money, but it's not your only option. You're not plowing in August, so you may be able to discontinue certain coverage when it's not needed. Talk to your agent about what coverage you need and what coverage you can ignore during the off-season. While we consider it our job to keep you properly covered, we also consider it our job to do so affordably!
Snow plowing can be dangerous, whether you're a professional company or just making a little extra money on the side. The right coverage tailored to your needs should make life easier. Contact our office for all types of snow plowing vehicle insurance.