Artisan contractor insurance is custom-tailored to the specific needs of skilled trade business owners and workers. Contracting companies often perform critical and hazardous work, and one incident could bury you in medical payments and property replacement, and repair costs, not to mention the potential fallout from negligence claims. Learn how insurance for artisan contractors can mitigate your unique risk exposures, and let one of our insurance agents start building a policy for you today.
Who Is Artisan Contractor Insurance For?
Artisan contractors can’t be defined simply; they include a wide array of skilled professionals that use tools to complete projects in a specific trade or in a niche of a broader industry. For example, highly specialized professions such as termite extermination and piano tuning fall under the artisan contractor umbrella. Yet the majority of artisan contractors work in an area of the construction industry, and their expertise could be as broad whole-building environmental systems or as narrow as drywalling residential homes.
While general contractors oversee entire construction projects — a new housing development, for example — the artisan contractors do most of the actual shop and field labor under the general contractor. Most GCs purchase sufficient insurance to protect them from a wide range of exposures, but their broad liability coverage and workers’ compensation policies will not cover you as a subcontractor. In order to protect your business from losses — and often just to be hired in the first place — an artisan contractors insurance policy is a necessity.
What Special Coverages Do Artisan Contractors Need?
Nearly all artisan contractors work on-site, which involves transporting equipment, tools, and supplies and performing tasks, sometimes hazardous ones, on a property owned by a third party. While many insurance agencies offer business policies with specialized coverage tailored to an artisan contractor’s occupation, the fundamental structure is generally similar to business owners’ policies.
HVAC Contractors Insurance
Heating, ventilation & air conditioning contractors engineer and sell installed environmental systems, remove obsolete systems, and service or repair existing units and infrastructure. Although an HVAC company’s exposure depends on the scope of its operations, most businesses should consider liabilities such as worker or third-party injuries, property damage, malfunctioning equipment, and design errors.
At a minimum, an HVAC contractor’s policy should include general liability, commercial auto insurance, and workers’ comp. If the work exposes unique hazards, a business can expand its policy to include inland marine coverage for equipment in transit or environmental coverage for accidental pollution.
Roofing Contractors Insurance
Most roofing contractors offer a full range of services, from start-to-finish roofing jobs to scheduled maintenance to as-needed repairs. The roofing trade’s exposure runs a similar gamut to HVAC, with the primary concerns being bodily injury and property damage.
Roofers operate on elevated working surfaces that carry a significant fall risk. They must also carry heavy bundles of shingles, tools, and other equipment up and down ladders, which could lead to back and muscle strain as well as injuries and damage from dropped objects. Additional protection could include professional liability coverage for faulty consultations or designs and environmental coverage for waste materials not properly disposed of.
Electrical Contractors Insurance
Electrical contractors work under dangerous conditions that involve highly specialized equipment, live circuitry, and exposed wires. They also must perform their duties knowing that there is an increased risk of electrical shock and fires if they don’t get adequate training or cut corners.
In addition to the basic general liability, business auto, and worker’s compensation coverages, electrical contractors should also strongly consider adding professional liability protection. A hidden fire caused by an error during the installation or repair of an electrical system could burn out of control, resulting in catastrophic structural damage and high-dollar claims.
Painting Contractors Insurance
In addition to incidental insurance claims due to accidental spills and other minor damage, painting companies share the typical construction industry risks. However, they tend to develop out of unique circumstances.
Besides the obvious potential for fall injuries, painters are also susceptible to skin, eye, and respiratory irritation and illness from exposure to caustic substances and toxic fumes. In addition, painting contractors specializing in rehabs and restorations have a higher risk of lead poisoning from the dust and paint chips that circulate while stripping walls.
Painting businesses that do in-house consultations and operate from storefronts should also carry a premises liability policy in case a visiting customer suffers a personal injury.
A carpenter’s insurance policy varies depending on the type of services offered. For example, contractors that build exterior structural framework have more exposure to damage claims than those who frame windows and hang drywall.
One cause of carpenter injuries arises from using heavy hand tools and hazardous power tools such as circular saws and nail guns that expel sharp objects at very high speeds. The risk of fall injuries is nearly always present, but the degree fluctuates due to several factors. Carpenters are more likely to fall and suffer more severe injuries when they work on the exposed framing of tall buildings or inside multi-level structures with incomplete flooring.
Specialty Contractors Insurance
Coverage for specialty contractors is available, such as:
- Athletic and rec facilities construction
- Coating & caulking companies
- Service station equipment
- Rigging & scaffolding companies
- Exterior home cleaning companies
- Home remodeling companies
- Parking facilities & maintenance companies
- Decontamination companies
- Building site preparation companies
Why Is Artisan Contractors Liability Insurance Important?
Accidents happen to even the most competent of artisan contractors. You don’t have to be negligent to make a mistake that has catastrophic consequences. A comprehensive artisan contractors policy that includes general liability, auto insurance, workers’ compensation, and specialty coverage that mitigates specific risks could make the difference between simply managing the setback and closing your doors. Furthermore, offering fully insured services can demonstrate to existing and future clients that you take pride in your work and stand behind the finished product.
Get Your Free Artisan Contractor Insurance Quote Today
Schedule a consultation with an insurance agent with expertise in the myriad of coverage options available for your artisan contracting business. Our insurance services center around designing a comprehensive policy at the best possible rate, no matter how unusual your trade. Call or visit our website for your free quote today.