Snow has been fairly absent in New Jersey over the past month, but that all may change over the next week. This Sunday, most of the state will get to see some form of wintery precipitation (and we’re hoping it’s mostly snow). The snow will be our first taste of this year’s version of the Polar Vortex. With plummeting temperatures we’re sure to get snow (and lots of it) in the near future. So, ready your snow plow fleet and make sure you have the proper New Jersey snow removal insurance before your plows hit the streets next week.
New Jersey Snow Removal Insurance – Why Do You Need It?
As a New Jersey snow removal contractor you probably understand that you need some form of insurance to protect your fleet. The problem is, which policies (out of the hundreds that are offered) do you need? General liability insurance and workers compensation are both fairly standard policies for contractors but, as a New Jersey snow removal contractor you need a little bit more than the standard In order to adequately protect your vehicles.
New Jersey snow removal insurance is designed for those individuals who own or operate a snow plow full-time. This policy will not apply to you if you have a snow plow that you use on occasion to spring your neighbors from their homes when they’re snowed in. You have to be working full time as a snow removal contractor in order to qualify for this plan.
There are a few additional circumstances that may cause you to diversify your coverage. For example, if you own a fleet of snow plows and you hire other contractors to operate them then you may want to consider acquiring a Hired and Non-Owned Policy. That ensures that the liability from your policy extends to those contractors who you operate your plows. An extension that could save you a lot of money over the long run.
In addition to your New Jersey snow removal insurance policy you may need general liability, property insurance, equipment insurance and workers compensation. If you’re unsure of what your coverage needs are please feel free to give us a call at 1-800-649-9094. We look forward to hearing from you!