Whether you’re constructing a new building or improving an old house, being a carpenter can be a rewarding job. But it can also be dangerous, both for you and for anyone on your worksite. For this reason, carpenter insurance is not only recommended, but also required in most cases. And for the ultimate peace of mind, you need to make sure your policy has more than just the minimum coverage. Here’s a look at the kind of coverage your carpenter insurance should include. Once you have an understanding of the best policy for you, please contact us for a quote.
What Type Of Insurance Carpenters Need
For best results, your carpenter insurance policy will include the following kinds of coverage so you’re fully protected in your job:
- General Liability
- Tools Coverage
- Auto Insurance
- Surety Bond
These are the minimum coverage options, so be sure to add more for additional protection at work.
How Much Is Carpenter Insurance?
The amount you will pay for carpenter insurance depends on a few details, such as your location and the exact coverage you want to buy. But the following should give you an idea of your anticipated costs:
- General Liability Insurance for a Carpenter starts at around $500 per year.
- Tools Coverage for a Carpenter starts at $200 per year for $10,000 tool inventory.
- Auto Liability Insurance for a Carpenter starts at $900 per year for a pickup truck.
For a more accurate carpenter insurance quote, please contact us.