Author, Drew Garcia, Vice President of the Landscape Group, Rancho Mesa Insurance Services, Inc.

Lawn and landscape professionals across the country have seen the direct impact of a very difficult and challenging commercial auto market. In particular, green industry businesses who specialize in service and maintenance, which require a larger fleet, have felt more of the direct market pressure.

In general, large employers (due to their economies of scale), have always been able to navigate tough market conditions by taking on more upfront risk via large deductibles or self-insured retentions in exchange for an upfront premium savings. These businesses are then able to reinvest those funds back into their businesses to better manage and mitigate risk. Like the large employers, there are options for mid-sized employers to optimize their auto insurance.   

Rancho Mesa’s focus on the middle market segment of the green industry (which has a rough annualized property and casualty premium between $200,000 and $1,500,000) has led our team to critically take on this challenge and come up with solutions.

As a result of this focus, I recently was invited to present a webinar in conjunction with Wilson360 addressing the contributing factors to the rising costs of commercial auto insurance and some solutions.  I discuss:

• Why commercial auto insurance costs continue to increase

• How to baseline your premium to help track premium fluctuation

• Indicators to track and reduce claim frequency

• Things to consider when optimizing your commercial auto policy

Fortunately, this webinar is now available to everyone. Register to watch the webinar.

To discuss how to optimize your company’s commercial insurance, contact me at (619) 937-0200 or drewgarcia@ranchomesa.com.