Some of the products on this page come from partners who may compensate us when you click on their links or take specific actions. This helps us keep our content free. That said, our opinions are our own and based on independent analysis.
According to data collected from a reputable source at least 66 loggers sustain fatal injuries annually. Out of the total fatalities, at least 25% are caused by falling logs, commercial trucks, and logging tools and equipment.
Loggers face the same risks that arborists face.Thats where loggers insurance comes in. Let’s discuss how this insurance can help, how much premiums cost, and the best companies offering it.
Forestry contractors insurance is a coverage that protects your forestry operation from any claims that might cause third-party bodily injury and property damage during your company’s operations. This policy can also be referred to as a logger business liability insurance.
The coverage limits typically range from $1,000,000 to $2,000,000.
Here are some of the situations where general liability insurance can help:
Below is a list of some of the costs that a logger general liability insurance cover:
| CoverWallet | NEXT (Best) | Thimble | Hiscox | The Hartford | |
| Per occurrence limit | $1,000,000 | $1,000,000 | $1,000,000/$2,000,000 | $300,000/$2,000,000 | $1,000,000/$2,000,000 |
| Aggregate limit | $2,000,000 | $1,000,000/$2,000,000 | $1,000,000/$2,000,000 | $300,000/$2,000,000 | $1,000,000/$2,000,000 |
| Products and completed operations aggregate limit | $2,000,000 | $1,000,000 | $1,000,000- | $1,000,000 | $1,000,000 |
| Advertising injury coverage aggregate limit | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Tenant’s legal liability coverage limit | $1,000,000 | $100,000 | $5,000 | $100,000 | $1,000,000 |
| Can you get a certificate of insurance online? | Yes | Yes | Yes | Yes | Yes |
| Name additional insureds? | Yes | Yes | Yes | Yes | Yes |
| Deductible | $0 | $0 | $0 | $0 | $0 |
Forestry insurance policy works to protect forestry tools and equipment that are $10,000 from theft and damage. This invaluable loggers’ policy also covers loggers insurance cost associated with replacing lost tools and equipment.
The forestry equipment insurance coverage limit is $700-$1,500 per tool. There are insurance companies willing to give higher payouts.
Logging equipment insurance companies cover the following insurance costs:
| NEXT (Best) | Hiscox | |
| Aggregate limit | $5,000/$10,000 | $15,000/$25,000 |
| Offered as an endorsement to general liability insurance? | Yes | No |
| Covers hired and borrowed equipment? | Yes | Yes |
| Miscellaneous equipment also covered? | Yes | Yes |
| Deductible | $500 | $0 |
Get all the best quotes from leading providers in a click of a button!
This is insurance coverage that merges the general liability and commercial property insurance policies. Under this policy, a logger’s buildings; whether rented or owned and the physical assets found in them are protected against any liability claims that may arise in the event of losses. It also covers third-party items which are under the care of the policyholder.
The approximate coverage limits of this policy range from $100,000 to $1,000,000. Forestry insurance for business owners also provides similar protections for forestry operations.
A BOP can be used to cover the following costs:
| CoverWallet | NEXT (Best) | Hiscox | The Hartford | |
| General liability aggregate limit | $2,000,000 | $2,000,000 | $300,000/$2,000,000 | $1,000,000/$2,000,000 |
| Commercial property coverage limit | $50,000 | $25,000 | $25,000 | $35,000 |
| Optional policies can be added? | Yes | Yes | Yes | Yes |
| Name additional insureds for free? | Yes | Yes | Yes | Yes |
| BOP discount? | Yes | Yes | Yes | Yes |
The ELI policy was created to fill the insurance void that was created by the property insurance and pollution exclusions in liability policies.
This insurance policy primary function is to protect them from claims arising from liabilities and property losses caused by sudden or gradual unintentional pollution-related accidents on the sites that have previously been inspected and confirmed to be unpolluted or uncontaminated.
This policy’s coverage limits range between $2,500 to $500,000. Below are some of the costs that the environmental liability insurance for loggers covers:
This is a uniquely tailored commercial truck insurance policy designed to protect logging trucks from any unprecedented risks that may cause them financial losses.
The logging truck insurance coverage limit is approximately $750,000.
Here are some of the loggers insurance costs that the logging truck insurance covers:
This is an insurance coverage that protects a logging company trailer that is used to transport goods and other commodities owned by the company itself. The main coverages under this insurance policy are Collision, liability, content, and comprehensive coverage.
The coverage limit for this insurance policy ranges around $1,500.
Here is a list of some of the costs covered by the trailer insurance for loggers cover:
Workers compensation insurance grants protection if an employee sustains a work-related injury or disease. This policy will provide the money which the employee is entitled to under workers comp laws. The failure to get workers comp is punishable by law.
some of the costs covered by the logging workers compensation insurance are:
Get all the best quotes from leading providers in a click of a button!
The average loggers insurance cost is $78 per month or $936 per year for a $1 million general liability coverage. Logging and lumbering insurance costs vary based on the scale of your business and coverage required. In addition, Logging liability insurance rates depend on the types of operations and risks involved in the forestry industry.
| Cost per Month | Cost per Year | Deductible | |
| General liability insurance | $78 | $936 | $0-$500 |
| Environmental liability insurance | $81 | $972 | $500-$1,000 |
| Commercial property insurance | $105 | $1,260 | $1,000-$2,000 |
| Business owner’s policy | $123 | $1,476 | $1,500 |
| Tools and equipment insurance | $95 | $1,140 | $500-$1,000 |
| Workers compensation insurance | $100 | $1,200 | $2,000-$5,000 |
| Truck insurance | $95 | $1,140 | $500-$1,000 |
| Trailer interchange insurance | $87 | $1,044 | $1,000-$2,500 |
Best Companies offering Logging Insurance
NEXT
NEXT doesn’t have a specialized insurance coverage for loggers. However, this insurance company can get you covered through its tree service insurance. This offers a general liability policy, commercial property policy, tools and equipment coverage, and workers compensation.
Average cost: $43 per month
Coverwallet specializes in forestry business insurance, ensuring businesses can get the right coverage for their unique needs. This financially reliable and time-saving insurance agency offers its consumers a free trial period on its programs.
Average cost: $49 per month
The Hartford has over the years dominated the insurance company due to its numerous, customizable, easy-to-purchase, and affordable coverage operations. It has been rated by A.M Best as an A+ insurance company.
Average cost: $52 per month
Hiscox is an above-average insurance company given that it won the Feefo Platinum Service award and the consumer intelligence award. It has also been rated consecutively for the last 14 years as a 5 stars insurance company by Defaqto.
Average cost: $59 per month
Do you have U.S. insurance expertise/experience? Would you like to become a voice at Insuranks, help businesses and individuals, and showcase your authority online? Write us!
Not all those who wander are lost.
Disclosure: Insuranks.com is an independent educational comparison service and an advertising-supported publisher. Some of the companies/offers that appear on the website are from our partners which we may receive compensation from. This may influence which companies/offers we write about and where and how it appears on the site. However, this does not impact our assessments. We solely highlight companies, products, and offers that can help you make smarter insurance decisions.
