Carpenters Insurance

What Type of Insurance Do I Need as a Carpenter?

Whether you specialize in general contracting or artisan carpentry, you’re probably spending a lot of time in customers’ homes. That’s why we recommend the following insurance policies for carpenters:

General Liability Insurance for Carpenters

General liability insurance for carpenters — also known as commercial general liability (CGL) — is a special type of policy that covers your carpentry business in case of third-party accidents and damages. For example, if a customer trips over a ladder you left out and is injured, general liability may cover any medical costs related to their injuries.

General liability insurance usually covers:

General liability insurance usually does not cover:

Learn more about General Liability Insurance.

Contents Coverage for Carpenters

Like most carpenters, you’ve probably amassed a collection of tools and equipment that you need to do your job. What would happen to you financially if those tools were lost or stolen?

That’s why we recommend adding contents coverage to your carpenter insurance. Contents coverage provides financial security in the event your tools and equipment are damaged or stolen during the course of your work. If this happens, your policy may cover the cost of repairing or replacing those items (up to your selected coverage).

Our contents coverage can be affordably packaged with our general liability insurance, so be sure to request it when shopping for a quote.

Workers Compensation Insurance for Carpenters

Workers compensation insurance protects your business by covering lost wages, medical bills, and legal costs associated with an employee getting hurt on the job. For example, if you accidentally run over an employee’s foot while backing up your truck, your workers compensation policy may cover the costs of that claim.

Having this coverage also prevents an employee from suing your carpentry business for their workplace injuries.

Workers compensation insurance usually covers:

Carpenter Insurance FAQs

Finding insurance for your carpentry business can feel like a hassle, but we’re here to make the process a lot easier. Check out our answers to the most frequently asked questions about finding and buying carpenter insurance.

Do carpenters need insurance?

Without a doubt, yes! Carpenter insurance can provide crucial protection for your finances, your employees, your tools, and the safety of your customers. Without carpenter insurance, you’re personally liable for any damages or accidents caused by your business. That means you’d have to pay for those damages out-of-pocket, and if the bills end up being too high, it could put you out of business.

What does carpenter insurance cover?

Carpenter insurance can be customized to protect your business against the largest risks you face doing your day-to-day work. So whether you need just standard general liability insurance or you want to protect your tools and equipment with contents coverage, we can help you add these policies to your overall carpenter insurance.

Is carpenter insurance a requirement?

You might be legally required to have carpenter insurance, depending on the city and state where you reside. If you have questions about your state requirements, give us a call and one of our insurance agents can help answer your questions.

Even if your state doesn’t require you to be insured, there are several reasons you should carry it:

• Carpenter insurance prevents you from paying for property damage and accidents out-of-pocket.
• It can cover legal costs in the event your business gets sued.
• Customers may be reluctant to hire you unless you have the insurance coverage.
• Your state may require you to have a policy in order to get your contractor’s license.

How much does carpenter insurance cost?

While there’s no one answer for how much your carpenter insurance will cost, the final price of your policy is usually determined by:

• The size of your business
• Your geographical location
• Your specialties and services
• And more

Want to get a better idea of how much your carpenter insurance will cost? Just click here to answer a few questions about your business.

Why Choose Simply Business?

Simply Business is an online business insurance brokerage that lets you compare and buy policies from top insurers. We have over a decade of experience making business insurance clear and simple for our customers.

We pride ourselves on making business insurance:

• Fast and Affordable: You have better things to focus on, like running your business. Our policies are fast, affordable, and ready when you are.

• Tailored to You: Forget one-size-fits-all insurance. Get the protection your business needs, when you need it most.

• Flexible with Coverage: Whether you need increased coverage for the busy season or policies for a large project, Simply Business can help.

After all, you’ve worked hard to build your carpenter business, and we offer the best coverage to protect it.