Horticultural Asset Management Partners With Bollinger Insurance To Offer New Enhanced Landscape Coverage Product

by MMI

RALEIGH, N.C. – Doug Cowles, President and COO of Horticultural Asset Management, Inc. (HMI), has announced that his firm is partnering with Bollinger Insurance to offer enhanced landscape coverage to their clients. Bollinger will utilize HMI’s replacement valuations to help establish appropriate sub-limit or aggregate limits of coverage, based on an individual property owner’s requirements. Bollinger’s clients will also have access to HMI’s field assessor network for remediation and risk management services, such as the installation of lightning protection, tree removal and cabling.

HMI’s scientific assessment process, the Horticultural Scientific Standard (HS²™), provides property owners with a detailed breakdown of the replacement valuations for each tree or shrub on a property. The replacement values are included in HMI’s Horticultural Assessment. The assessment also includes full color photographs and detailed care instructions and plant descriptions authored by renowned horticulturist Dr. Michael Dirr.

“HMI is excited to be a part of Bollinger’s rollout of these new insurance options for property owners,” said Cowles. “Most property owners have no idea what their trees are worth or what it would cost to replace them. Many are shocked to learn that replacing a mature tree can cost $20,000, $40,000 or much more. We are very pleased to be able to work with Bollinger to provide this valuable new product to their customers.”

“Bollinger Insurance is committed to keeping pace with the complexity of our customers’ needs,” said Rhonda Graber, Senior Executive Vice President of Bollinger, Inc. “Property owners lose millions of dollars worth of valuable landscape assets to fires, wind, lightning and other perils each year. In a continuing effort to provide our customers with valuable insurance solutions, I am pleased to announce that Bollinger is now offering coverage options which more closely match the actual replacement cost values of trees and shrubs. These coverage options will allow property owners to recover quickly should they lose a covered plant.”

About Bollinger, Inc.:
In addition to its Short Hills headquarters, Bollinger has branch offices in New York City, Princeton, and Moorestown, as well as Pennsville, Elmer and Bridegton, N.J. With roots dating back to 1876, Bollinger provides business and personal insurance to a wide range of customers, as well as specialty insurance programs for golf and country clubs, amateur sports, and schools and colleges. For more information on Bollinger, Inc. please visit http://www.BollingerInsurance.com.

About Horticultural Asset Management, Inc. (HMI):
Horticultural Asset Management, Inc. provides revolutionary products and services that are utilized by green industry professionals as well as experts in the tax, insurance and real estate industries. HMI’s Horticultural Scientific Standard (HS²™) enables HMI Horticultural Assessments to provide accurate replacement costs for landscape assets. The replacement cost valuations provided in the HMI Horticultural Assessments can help property owners recover from the loss of landscape assets and they also provide valuable information to those purchasing properties. Also included in the HMI Horticultural Assessments is the Michael Dirr Plant Guide, written by renowned professor and author Dr. Michael Dirr. The plant guide provides customized care instructions, as well as photographs and plant descriptions. For more information or to view a sample HMI Horticultural Assessment please visit the Web site http://www.moneygrowsontrees.com or call 866-937-6468.

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