Snow Removal Insurance.

Snow removal insurance is a type of insurance that provides coverage for businesses that provide snow removal services. It can help protect against a variety of risks that businesses in this industry face, including property damage, liability risks, and business interruption.

There are a number of coverage options that may be included in a snow removal insurance policy, such as:
Property coverage: This covers damages to your business's equipment and vehicles due to a covered event, such as a collision or vandalism.
Liability coverage: This covers claims made by third parties for injuries or damages that occur on your property or as a result of your snow removal services.
For example, if a customer slips and falls on a driveway that you have cleared, your liability coverage would cover the costs of defending against and settling the claim.
Business interruption coverage: This covers your lost income if your business is forced to close temporarily due to a covered event, such as a winter storm.

Snow removal insurance can be an important protection for businesses that provide snow removal services. It can help cover the costs of repairing or replacing damaged property, as well as any damages that may be awarded in the event of a liability claim.

Yes, snow removal contractors in Canada need insurance. Contractors face many risks on the job, from slips and falls to damage to property or equipment. Having adequate insurance can provide financial protection from these costs by covering medical expenses, legal fees and any other damages that may occur during a project. Therefore, it is important for contractors to understand their insurance needs and purchase the necessary coverage for their business.

Some factors that affect the cost of snow removal insurance are types of coverages (ie CGL, property etc), coverage limits, and deductibles limits you set in your snow removal policy are among the biggest factors that influence the cost you’ll be paying. In addition, depending on the amount of risk you face, the more expensive your policy will  be – for example someone who clears snow from a hospital and retirement home will have higher premiums than someone who strictly provides residential snow removal services.

If you want to work with a commercial insurance brokerage that puts people first and values transparency, sustainability, ownership, and impact, then Summit is the right choice for your business insurance needs.

At Summit, we craft innovative insurance solutions that are custom tailored to your business, giving you the confidence you need to succeed. Our team is dedicated to building trust and creating value through open and honest communication. We are in it for the long haul and strive to make a positive impact in everything we do.

So if you want a business insurance partner that shares your values and is committed to helping you succeed, consider working with Summit.

Snow removal insurance is a type of insurance specifically designed to cover the risks and liabilities associated with the snow removal business. It is a package policy that typically includes coverage for a variety of potential risks and liabilities that snow removal contractors may face, such as:
Commercial General Liability: This covers snow removal contractors for claims made against them for injuries or damages that occur on the job. One example is someone may slip and fall outside of a business you are contracted for snow removal with.
Commercial Property Insurance: This covers the physical property of the snow removal contractor, such as snow plows, trucks, and other equipment, against loss or damage due to events such as fire, theft, or natural disasters.
Business Interruption: This covers snow removal contractors for loss of income due to events that disrupt the normal operation of the business, such as a snowstorm that prevents the contractor from being able to perform snow removal services.

Snow removal Insurance should never be sold solely on price. You are protecting your most important asset. Our mission is to find you the perfect coverage but also find the best priced policy with that coverage.
The exact cost for your insurance policy varies according to factors such as:
Size and Location
Years of Experience
Annual and Projected Gross Revenue
Number of Employees
Previous Insurance Claims

The price of a snow plow insurance policy is often higher than other types of businesses because of the specific risks the snow removal industry brings (e.g. slip and fall claims and property damage). The benefits of being insured still far outweigh the costs of not as one small accident can cost you far more in the long run.

Always obtain a signed contract with each customer detailing your services, fees, payment terms, and any other pertinent information.
Ensure that all of your employees and subcontractors are properly trained and use safety equipment when performing work on customers' properties.
Use a contract and payment tracking system to manage customer contracts, invoices, and payments more efficiently.
Adopt an accurate snow removal service schedule that outlines the services offered, when they are expected to be performed, and when any additional charges apply (such as for overtime or holidays).
Keep log books of all of your work and any incidents that happen.
Document any customer disputes in writing and retain all communication between you and the customer related to the dispute.

It is difficult to determine the average cost that Canadians pay for snow removal services each year, as it can vary widely depending on a number of factors. These factors include the size of the property, the amount of snowfall in a given year, the level of service desired (e.g., shoveling versus plowing), and the location of the property.

In general, however, it is common for Canadians to pay between $100 and $300 per month for snow removal services during the winter months. This can equate to a cost of between $800 and $2100 per year, depending on the length of the winter season and the level of service desired.