A job site accident can lead to employee injuries, property damage, reputational harm, and reduced productivity.

Our top loss prevention strategies for landscaping contractors:

• Invest in effective loss control techniques like safety training
• Develop a safety program with documented policies and procedures
• Make sure you have workers’ comp coverage that covers all of your exposures 
• Maintain OSHA compliance

Navigate these areas and more with Leif’s in-house safety and compliance expertise.

Today we have technology proven to reduce risk and ultimately prevent claims. Dashcams and Fleet management tools capture real-time data and diagnostics like usage, location, and maintenance. This data helps to:

• Resolve claims and disputes with indisputable video footage of incidents
• Demonstrate your commitment to driver safety to insurance carriers and identify opportunities for driver training
• Prevent accidents by addressing risky driver behaviors

An incident can damage expensive business property – whether it’s yours or someone else’s.

To protect your property and your business:

• Ensure you’re covered with equipment insurance, general liability, and commercial property insurance
• Monitor equipment with fleet management technology to prevent theft and maintenance issues
• Train employees on equipment Standard Operating Procedures

Partner with Leif to get your job sites set up with Smart Equipment today.

Fluctuating demand and seasonality can make it difficult to predict your cash flow and insurance costs.

Tips to avoid surprises and plan for growth:

• Choose an insurance provider with data-driven pricing
• Work with an expert to forecast your E-Mod
• Keep organized records to avoid overpaying during your work comp audit
• Identify opportunities to increase your surety bond capacity
• Consider pay-as-you-go billing plans for your workers’ compensation policy

Manage cash flow with Pay as you go work comp

Pay-as-you-go workers’ compensation insurance can be a valuable tool for contractors looking to better manage their cash flow. Contractors pay work comp premium on actual payroll instead of estimated payroll. 

This means that contractors have more control over their insurance costs and can better predict their cash flow. In addition, pay-as-you-go policies can be more affordable for contractors who have seasonal or fluctuating workloads which can also help minimize year-end audit balances.

Unexpected events like severe weather or equipment breakdowns can interrupt your operations, leading to financial losses and unhappy clients.

To minimize these disruptions:

• Invest in redundant equipment for your most critical tools
• Create response plans for weather events and communicate them to clients
• Carry business interruption insurance to minimize losses

Leif’s risk experts can help identify your top exposures and create response plans.

You must manage claims effectively to minimize their impact on your financials. It can be tough to know who to trust while navigating the claim process.

Here’s how to manage claims with confidence:

• Work with a claims consultant to guide you and advocate for you
• Project how claims will impact your premium prior to renewal
• Using captured video footage to expedite the claims process

With Leif, our in-house claims experts are there for you until the claim is closed.