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Soaring liability insurance rates threaten future of snow and ice contractors
Escalating rates are 'out of control'
November 27, 2020 By CBC News
Lawn care and landscaping companies that offer snow and ice services during the winter months are facing a nightmare of soaring liability insurance premiums. The “absolutely out of control” insurance hikes are threatening the survival of some companies, including a Toronto business that has seen its premiums skyrocket to $70,000 a year from $5,000 at one time.
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