Fence Installer Insurance
Fence installation companies are always on the move. You have to coordinate people and places, get the right equipment and products to the jobsite location and complete everything according to plan. This business lets you travel, meet people and see new things regularly but it’s also rampant with risks. Protect your hard work and investment by covering your company with the appropriate types of small business insurance.
Fence Installer General Liability
General liability is an all-purpose, comprehensive insurance plan that helps take care of you when unexpected events happen. If a fire damages your fence supply warehouse for example, general liability can help cover the expenses involved with replacing and repairing the damages. If a customer hurts themselves or their property is damaged while in your store or work yard, general liability protects you by paying the damages.
Fence Installer Business Owners Policy (Bop)
General liability is included with a number of other types of commercial insurance coverage when you purchase a business owners policy (BOP). A BOP can have coverage options added that fit best with the specific way your fence installation company is set up.
- Equipment Breakdown – If you use special equipment to install fences for your customers and it breaks down, replacing or repairing it is critical to continued operations. It can be expensive however, and a BOP can help protect you from those costs.
- Buildings and Contents – The buildings, structures and physical assets you have inside can be damaged or destroyed by storms, fire and other natural disasters. A BOP protects you from those losses and protects you from the loss of inventory or other assets your company owns such as office desks and computers.
- Business Income and Extra Expense – If your primary place of business is damaged and you must rent temporary work locations, the costs add up quickly. A BOP helps with those costs and lost income that can result from suspended operations.
- Products and Completed Operations (Included in General Liability) – After you sell fencing products to your customers and provide the installation services, things can still go wrong.
- Electronic Data – Modern companies keep their records, documentation, specialized software and other important items in digital formats. If these files are damaged or destroyed, a BOP can help with the cost of replacing or recovering them.
- Newly Acquired or Constructed Buildings – As your business grows, a BOP will expand to cover new locations.
- Employee Dishonesty Coverage – If one of your employees steals fencing materials or installation equipment, your company has to absorb those losses. Your business owners policy can protect you from dishonest acts such as theft and fraud, and unauthorized fund transfers.
Fence Installer Workers Comp Insurance
Each state in the U.S. requires that employees carry workers comp insurance. This coverage specifically covers on-the-job injuries and illnesses.
Fence Installer Auto Insurance
Whether you have a fleet of company vehicles or everyone uses their personal vehicles to travel between job sites, a business auto insurance policy can protect you from losses that arise when car accidents happen.
Surety bonds are a guarantee to your customer that you will fulfill the obligations you’ve agreed to in a contract.