Artisan Contractors Insurance in Clemmons, NC
Contractors insurance offers crucial financial security and peace of mind for both contractors and their clients. By opting for well-rounded insurance coverage, contractors can safeguard their business operations and fulfill contractual obligations with confidence.
What Is Artisan Contractors Insurance?
Artisan contractors insurance is a type of insurance designed specifically for independent contractors who work in skilled trades, such as carpenters, plumbers, electricians, painters and landscapers. These contractors typically work on smaller projects and are skilled in their craft.
Artisan contractors insurance typically includes several types of coverage to protect contractors from various risks they may face. These may include the following:
- General liability insurance can provide financial coverage for third-party bodily injury or property damage claims that occur because of the contractor’s work.
- Property insurance can financially cover the contractor’s tools, equipment and materials against theft, loss or damage. It may also cover damage to the contractor’s own property, such as their workshop or office.
- Workers’ compensation insurance can cover medical expenses and lost wages if employees suffer injuries or illnesses while on the job. Even if the artisan contractor doesn’t have employees, some policies offer coverage for the contractor themselves in case of injury.
- Commercial auto insurance may be necessary if the artisan contractor uses vehicles for work purposes, such as transporting tools and materials or traveling to jobsites.
How Much Does Artisan Contractors Insurance Cost?
The following are a few of the factors that affect the cost of artisan contractors insurance:
- Type of services offered
- Business property and equipment used
- Business income and size
- Types of insurance purchased
- Policy limits and deductibles
- Number of employees
Contact Hampton Insurance Services to learn more about contractors insurance. We can give you a quote after assessing the details of your specific operations.