Running a nursery or garden center can be rewarding, but it also comes with its own set of challenges. With more than 10,000 nurseries and garden businesses operating in the U.S., many owners are seeking ways to protect their investments. A Business Owner’s Policy (BOP) is being highlighted as a smart choice for these businesses, offering a mix of coverage and affordability.
Pat Deering, an insurance product manager at Central Insurance, points out that nurseries face unique risks, especially those with larger outdoor spaces. These areas attract more customers, which increases the chances of accidents. Common issues include slip-and-fall incidents and injuries from heavy items like bags of mulch. With a BOP, businesses can secure essential liability protection, ensuring they are covered in case of accidents.
Another major risk for nurseries is weather-related damage. Unlike traditional retail spaces, greenhouses and outdoor structures are more vulnerable to storms and other elements. Deering emphasizes the importance of property coverage to protect inventory and equipment. A BOP can cover damages from events like fires or storms, helping businesses recover quickly.
Many nurseries also offer landscaping services, which means they operate in a contractor capacity as well. A BOP can adapt to these needs, providing coverage for tools and equipment used on job sites. Additionally, during peak seasons like spring, nurseries often see increased inventory and customer traffic. BOPs can be adjusted to reflect these seasonal changes, ensuring adequate coverage when it’s needed most.
For those considering opening a nursery or garden center, Deering advises consulting with an independent Central insurance agent. They can provide tailored advice on coverage options and help owners understand their specific risks. Regular reviews of the BOP are also recommended to keep up with changing business needs.
Overall, the right insurance can help nursery and garden businesses thrive. Central Insurance aims to support these businesses with comprehensive policies that protect against a variety of risks, allowing owners to focus on what they do best—growing plants and serving their communities.