Artisan Contractors Insurance Information
Artisan contractors encompass a wide variety of skilled workers, including carpenters, electricians, plumbers, interior decorators and piano tuners. Also known as casual contractors, they build, create and maintain several mechanical or decorative items that are a part of our everyday lives. No matter their industry, however, by utilizing their specialized knowledge and tools to provide services, they face risks while performing their trade. From a job site injury to damaged equipment, artisan contractors are vulnerable to several causes of loss.
Securing the right insurance plan can protect artisan contractors with five or fewer employees and their clients. The agents at Automatic Insurance are ready to help. Contact us today for more information.
What Does Artisan Contractors Insurance Cover?
Artisan contractors face many exposures throughout the course of their work. Insurance plans generally can be customized to meet the business’s different needs. Coverages may include the following:
General liability insurance. This insurance may provide coverage if an artisan contractor is responsible for a third party’s (e.g., client) bodily injury or property damage. It may help cover medical and legal expenses.
Property insurance. This may provide coverage if business property (e.g., building or furnishings) is damaged or destroyed by covered events such as fire, vandalism or theft. Additional protections may be available to cover artisan contractors’ tools and equipment
Inland marine insurance. Inland marine insurance may provide coverage if tools or other property are damaged by covered events while they are being transported or stored off-site.
Business interruption insurance. If a covered event halts business operations, this coverage may help pay for overhead expenses until normal job activities resume.
Builder’s risk insurance. This may provide coverage for building materials both at the construction site and stored off-site if they are damaged by covered perils.
Workers’ compensation insurance. If employees are injured or become ill due to work-related activities, this may provide medical expenses and lost wages.
Professional liability insurance. This may provide coverage if a negligence lawsuit is filed against an artisan contractor regarding their performance of professional services.
Each business has unique exposures and may have additional insurance needs. Other available coverages may include:
Insurers can provide additional details regarding available options, exclusions and limits and can work with businesses to secure the needed policies. Contact your agent for additional information.
How Much Does Artisan Contractors Insurance Cost?
The cost of artisan contractors insurance varies. Several factors, including the size and location of the business, the industry, the coverages selected and the business’s claims history, may impact premiums.
The professionals at Automatic Insurance are available to assist in compiling a comprehensive insurance package. We can help build customized plans to meet businesses’ needs while working with their budgets. Contact us today for more information.