Decking contractor liability insurance is a general liability insurance policy providing financial protection from third-party claims. Having this policy can provide the proper protection from some of the most common and costly claims a decking contractor could face.
Decking contractors work on their client’s property, which is a job site that they don’t always control. Even with the most stringent safety protocols in place, accidents do happen because there are a lot of risks on a job site with tools and work in progress. If he had to pay for losses on his own, he could easily face financial hardships. Thus, having the insurance means that a decking contractor won’t have to pay for losses out of his own pocket.
One of the key things that decking contractor liability insurance covers are if someone gets hurt on the job site. It also protects against property damage the contractor is responsible for, advertising injury, and damage to premises rented to you. It’s a comprehensive policy and considered the most essential policy that a decking contractor can get.
Decking contractor liability insurance typically covers claims related to property damage, bodily injury, or accidents caused during the course of a contractor’s work.
For example, if a decking contractor installs a new deck and a defect in the construction causes a guest to fall and get injured, the insurance would help cover medical expenses or legal costs associated with the injury claim.
Property damage coverage under decking contractor liability insurance protects the contractor in case their work or actions cause damage to a client's property.
For instance, if a contractor accidentally damages a homeowner’s siding or landscaping while installing a deck, this coverage would help pay for the repair or replacement costs. Without this protection, the contractor would be responsible for covering those expenses out of pocket, which could result in significant financial loss. This coverage ensures that both the contractor and the client are protected from costly property damage incidents.
Personal and advertising injury coverage under general liability insurance protects decking contractors from claims related to non-physical harm. This includes offenses such as defamation, slander, copyright infringement, or invasion of privacy that may occur through advertising or business practices.
For example, if a contractor inadvertently uses a competitor's logo in their promotional materials, leading to a lawsuit for copyright infringement, this coverage would help cover legal fees and any resulting damages. It safeguards contractors from the financial impact of lawsuits stemming from personal or reputational harm caused to others during business operations.
Damage to Premises Rented to You coverage under general liability insurance provides protection if a decking contractor accidentally causes damage to a rented space they are using for business purposes.
For instance, if a contractor rents a workshop or office and accidentally starts a fire that damages the building, this coverage would help pay for the repair costs. It typically covers damage caused by fire or other accidental incidents. This ensures that the contractor is financially protected from liability claims related to damage to the property they are renting.
Decking contractor’s liability insurance does not cover certain types of losses. These include:
General liability insurance isn’t the only type of insurance that a decking contractor may need. Other policies that he may need include:
We’re big believers in keeping things simple, so ask us anything and we’ll answer honestly and without the jargon.
Why Do Decking Contractors Need Insurance?
Decking contractors need general liability insurance to protect them against costly claims. Many risks of injury or property damage happen on job sites, especially with tools and heavy materials lying around. Without insurance, decking contractors must pay losses out of their pockets, leading to financial distress.
What Are The Risks Facing Decking Contractors?
A deck-building job site has a lot of risks literally lying around. Thus, people can get hurt on tools or easily trip and fall thanks to the materials lying around and job progress. Additionally, decking contractors are working around people’s homes which can lead to personal property damage. A deck builder can’t predict what will go wrong but can protect against it with the right insurance.
Is General Liability Insurance Required For Decking Contractors?
Decking contractors should inquire about insurance with their state licensing board. Some states and counties do require insurance for licensure. Additionally, some clients may require deck builders to have insurance. In fact, many general contractors won’t subcontract to a deck builder until they can provide proof of insurance.
(888) 900 0205
