Best Tree Service Business Insurance

Finding the right business insurance for your tree service company protects your finances when accidents happen. NEXT earned our top spot with a MoneyGeek score of 4.67 out of 5, thanks to its competitive rates, quality customer service and comprehensive coverage options for tree care businesses. The Hartford and Thimble also ranked highly for arborists and tree removal companies seeking reliable financial protection.

Note: We based all scores on a tree service business with two employees across professional liability, general liability, workers' comp and BOP policies.

Based on our study of business insurance pricing, Thimble offers the cheapest overall coverage for tree service companies at $100 monthly or $1,203 annually. It ranks first for BOP and general liability insurance, making it the most affordable choice for arborists and tree care businesses. For workers' compensation and professional liability coverage, consider comparing quotes from NEXT, The Hartford and Progressive Commercial to find the best rates for your tree removal business.

In general, business insurance costs for tree service companies are as follows for the four most popular coverage types:

• General Liability: $131 on average per month, ranging from $49 to $255, depending on the state
• Workers' Comp: $221 on average per month, ranging from $207 to $256, depending on the state
• Professional Liability (E&O): $75 on average per month, ranging from $68 to $88, depending on the state
• BOP Insurance: $192 on average per month, ranging from $76 to $381, depending on the state

Your tree service company's insurance needs start with mandatory workers' compensation coverage if you have employees, followed by essential general liability and commercial auto insurance that protect against the industry's most common claims. You should also consider getting tools and equipment coverage, professional liability, and cyber insurance (if you handle customer data).

Finding the best and cheapest business insurance for your tree service company requires a strategic approach. Follow our step-by-step method for getting business insurance that balances comprehensive coverage with affordable rates.

Tree service companies need solid protection: general liability, workers' compensation, commercial auto and equipment coverage. NEXT offers the best business insurance for arborists, balancing strong customer service with comprehensive coverage options. Tree care businesses watching costs can get general liability through Thimble for just $49 monthly.

We answer frequently asked questions about tree service business insurance:

We selected the best business insurer for tree-service companies based on the following criteria:

• Affordability (50% of score): The lower a company's costs compared to the competition based on our base profile for four core coverage types, the better the company performs.
• Customer service (30% of score): We scored providers on overall customer satisfaction using industry studies, customer review forum ratings and public forum sentiment analysis from sites like Reddit.
• Coverage (15% of score): We scored business insurance providers for this category based on the flexibility, payment and actual coverage options.
• Financial stability (5% of score): Using financial stability industry ratings from companies like AM Best and Moody's, we created an overall rating to judge how likely companies are to pay out claims compared to the competition.

All pricing in this article is based on the following base profile to represent the vast majority of small businesses in all states:

• Three-person business with two employees
• Coverage: $1 million per occurrence and $2 million total per year for all but BOP, which includes the same coverage plus $5,000 of business property coverage
• $150,000 in payroll
• $300,000 annual revenue