Glazier insurance

What Type of Glazier Insurance Do I Need?

What Types of Insurance Do I Need for My Glazier Business?

Every industry has its own lingo. While you and your crew know all about adhesion, beveling, and cutting, here at Simply Business, we live and breathe deductibles and liabilities. It’s easy for our two worlds to collide, though. We aim to provide the facts you need without all of the legal fluff.

Ready to learn? Let’s review the two types of business insurance to consider.

General Liability Insurance

If you’re looking for glazier insurance that can help with a wide range of scenarios, then general liability insurance is for you. This type of policy typically covers bodily injury, property damage, and third-party accidents. In this case, “third-party” means your customers and vendors.

You also may want to consider adding contents coverage to your plan, which could help with the cost if your equipment such as your favorite cordless drill, is stolen or damaged.

You already know how physically demanding and dangerous your work can be, which makes business insurance worth having. While you may be OK taking on some risk for yourself, there could be consequences if your business harms one of your customers.

For example, imagine you’re helping a family install a new bay window in their kitchen. You forgot a tool in the truck, so you step outside to retrieve it. While you’re away, the customer’s kids pick up your tools and injure themselves. Theoretically, the family could potentially sue you for medical bills and damages.

Without insurance, this accident could be a financial setback for your business. The average customer injury or damage claim — something that GL covers — is a whopping $30,000. If you happen to have that money sitting around, you’d have to pay for the accident out of pocket. If not, it would likely either need to come from your family’s finances or a loan.

Having glazier insurance in this scenario would have a very different outcome. Your general liability coverage could cover the customer’s medical bills, as well as legal costs if they sue you, up to your policy limit.

It’s no fun to think about the bad things that may or may not happen, which is why having insurance can be a weight off your shoulders.

To recap, here’s what general liability insurance usually can cover:

• Bodily injury to another person
• Third-party property damage
• Personal and advertising injury
• Medical expenses
• And more

Now check out what general liability insurance usually doesn’t cover:

• Damage to your own property
• Professional services
• Workers compensation or injury to your employees
• Damage to your work
• Motor vehicles while in business use
• Expected or intentional injury or damage
• And more

Workers Compensation Insurance

While general liability insurance requirements vary by state, it’s likely you’ll need to carry workers compensation insurance if you have employees. This type of insurance covers medical bills, lost wages, and any legal costs associated with an employee who gets sick or injured on the job.

You’ll likely need this type of insurance even if you only have one or two part-time employees. Having workers comp is a good idea whether it’s required by law or not. The average work injury cost is about $41,000, with fractures or dislocations averaging $60,000.

Having a workers comp policy that matches your business needs protects both you and your valued employees.

In general, workers compensation insurance for glaziers can cover:

• Medical payments
• Lost wages
• Rehabilitation expenses
• Death benefits

Why Should I Get Glazier Insurance?

We’ve covered a handful of scenarios that could occur in any business, particularly one with unique dangers like a glazier company. Accidents can happen to anyone, though. Did you know that up to 43% of small business owners polled reported being threatened with or involved in a civil lawsuit?

We aren’t sharing these stats and scenarios to scare you. Instead, it’s better to be informed and proactive than take a gamble with your business. Just take a look at the most common incidents that can befall small business owners, including how much they cost on average:

• Reputational Harm — $50,000
• Customer Injury or Damage — $30,000
• Customer Slip and Fall — $20,000

You’ve come too far in your life and career to lose your business over a split-second accident. By investing in business insurance each month, you can rest easy knowing that you’ll have someone in your corner if things go wrong. You also may be relieved to know that you don’t need to pay for a one-size-fits-all policy that is far beyond your needs or budget.

Each policy is tailored to your current situation and location based on reponses you provide — not some template applied to every glazier business. By answering a few questions, our quote process can help you narrow down what you need.

There are additional positives that come with having glazier insurance. Having a certificate of insurance (COI) can help you establish trust with landlords, vendors, and customers.

Here at Simply Business, we make it easy to get the coverage you need when you need it.