Originally Posted by nummit
Insurance can be costly.
One would think so, but my insurance company actually covered me for plowing in my general commercail policy. My trucks cost about $800/yr each to insure.
When I started to make money, I did buy an "umbrella" policy that covered me for about 1 million in damage, but surprisingly only cost me ~$500/yr to cover my entire business-trucks, sanders, plows, backhoes, etc. for any damage they might cause.
One other downfall I see in hcr400ex's idea is that if he has to fork-out $3,500 for a plow and he doesn't make enough to pay it off, it could prove costly if he doesn't like it.
I used to figure one moderate snowfall would pay off a plow or sander.
He would have to plow for 70 hours @ $50/hr just to pay off the plow. That doesn't include fuel @ $3.00/gallon and wear & tear on his truck. You can easily burn 40+ gallons of fuel in one 10 hour night of plowing. So there's another $125/storm in fuel.
He would have to plow 10 storms for ~10 hours just to pay off the plow and fuel alone. Maybe his uncle gives him fuel, too, but we don't know.
On the positive side, he lives in CT which sees a lot of snowfall. So the payoff could be 1/2 plowing season if there's lots of snow.
I'd ask for $70/hour (minimum) based on the huge increase in fuel & plow equipment costs since I got out in 2000.