Carpentry contractors, who work on wooden structures or parts thereof, should always carry carpentry insurance. These carpenters can be primary on a job, or they can be subcontractors brought in from elsewhere. Carpenters come in all varieties and levels of skill. Some conduct engineering and design; others work from pre-submitted plans. There are rough carpenters, finish carpenters and framing carpenters. All should carry a solid insurance policy.
Carpenters and Insurance
Rough carpenters carry insurance for setting concrete and the creation and erection of temporary structures. Finish carpenters are those who carry broader coverage as they cover intricate details, trim, cabinetry, door and window frame installation, flooring, staircases and trim work. Framing carpenters deal with the superstructure and shell of buildings and carry insurance against accidents in that area.
Carpenters do not solely work with wood, however. When a carpenter works as a contractor, they are exposed to many different kinds of operations against which they may need coverage. These include concrete work, electrical work, masonry, plumbing, siding, heating and AC, drywall, roofing and more. Any insurance policy that a carpenter carries should take into account these other kinds of work.
Constructing the Policy
When you build a policy for your carpenter, you will want to start with the basics. Every policy should carry general liability for bodily injury and property damage, as well as post-job insurance should quality of work questions arise. Such policies include third-party contractual coverage and coverage for independent contractors or sub-contractors.
Additional coverage is broad and varied and can include such things as workers’ comp, commercial umbrella insurance in case of lawsuits. Business auto insurance covers the use of vehicles in the course of the job. Bond insurance covers instances of payment default.
Supplemental and Enhanced Options
Depending on the size of the operation and the job scope, additional coverage may be recommended. This can include enhancements to existing coverage, protection against environmental factors or employment practices and even employee benefits and group life.
Enhanced coverage can sometimes be added to cover such things as tools and equipment, ordinance and law insurance, property damage, papers and records, peak season coverage and more.
What Do I Need?
Aside from the basics, which every contractor requires, it is difficult to say what kind of coverage you will need. Each job and company is different and you should sit down and work out a list of the potential pitfalls you face on a daily basis. Work with your insurance company to build a policy that best works for you. In the end, however, what is most important is that carpenters are covered. There are too many hazards, dangers and pitfalls from falling to tool injury to property damage, to ignore the necessity for insurance coverage. For many, the right coverage can be the difference between security and ruin.