Insuring Snowplows and Other Snow Removal Services
Michigan is a cold, snowy state. In fact, the state gets 200 inches or more of snow per year in some areas. That is more than 18 feet! Compare that to the United States average of 28 inches.
Because of the abundance of snow, many Michigan residents own snow removal equipment such as snowplows. If you own one, you might want to consider insuring it. While it’s not legally required in Michigan, snowplow insurance is highly recommended.
Snowplow insurance is a specific type of commercial auto insurance that covers vehicles equipped with snowplows. This type of insurance can protect you from the unique risks associated with snow plowing, such as property damage and vehicle damage. If you do not have insurance and you get into an accident or damage someone’s property, you could be held personally liable for the damage as well as any injuries. Without insurance, this could lead to significant financial loss.
Types of Insurance
If you operate a snowplow, there are several types of insurance to consider:
- Commercial auto insurance. If your snowplow is attached to a truck or a vehicle used for business purposes, you’ll need commercial auto insurance. This covers liability in case of accidents while plowing.
- General liability insurance. This covers injuries or damages that occur while performing snow removal services. For example, if a customer slips after you plow, this coverage could protect you from lawsuits.
- Workers’ compensation insurance. If you have employees operating snowplows, this is required by law in Michigan. It covers medical expenses and lost wages for workers injured on the job.
- Inland marine insurance. Snow plowing equipment may be covered under this type of policy when in transit or while temporarily stored off-site. This coverage may also help pay for the repair or replacement of snow blowers, ice scrapers, salt spreaders, and other tools.
Other Considerations
When considering insurance, keep these factors in mind:
- Auto insurance requirements. Michigan has specific auto insurance requirements that include no-fault personal injury protection (PIP). This coverage applies to anyone injured in a vehicle accident, including snowplows.
- Seasonal business. If you’re running a snowplow business, you can often negotiate seasonal rates with insurance providers, adjusting your coverage for only the months you need it (typically November through March).
- Premium rates. Some factors can lower your premiums, while others can raise them. For example, a clean driving record can lead to lower premiums. Larger trucks with heavy-duty plows can lead to higher premiums.
Contact Hartman Insurance Agency Today
Snowplows should be insured just like regular automobiles, especially if they are being driven outside of your own property. You will want to protect yourself from any accidents that could occur.
Hartman Insurance Agency can help you find insurance that fits your needs and budget. No matter what you want to protect, we can help. Contact an agent to learn more. Schedule a consultation today by filling out the online form or calling (734) 425-6023.