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Framing homes and buildings is an important job. If the framing work is shoddy, the whole structure could collapse at any moment, or will at least be likely to have some issues over the years. So it’s crucial that you not cut corners as a framer. But to do this job well, you need to be able to fully focus on the work itself, without worrying about what might happen to you if you or someone else is injured on the jobsite. If you’re wondering how to get the peace of mind you need as you work, the answer is framer insurance. In particular, you need a policy that has all the coverage you need for full protection as a framer. Read what that entails, and then feel free to contact us for a quote on the policy you want.
What Type Of Insurance Framers Need
A framer insurance policy should include coverage that is specific to your typical day on the job, meaning it needs to protect you from the start to the end of your workday. The following are some examples of the coverage you’ll want on this policy:
- General Liability
- Tools Coverage
- Auto Insurance
- Surety Bond
There are more coverage types than this, but these will get you started on a framer insurance policy that can protect you at work.
How Much Is Framer Insurance?
If you’re trying to budget for framer insurance, looking at the typical price range for the coverage you want will help. Granted, the exact price will depend on your location and other details, but the following will give you an idea of the cost of framer insurance:
- General Liability Insurance for a Framer starts at about $750 a year.
- Tools Coverage for a Framer starts at $200 per year for $10,000 in tool inventory.
- Auto Liability Insurance for a Framer starts at $900 per year to insure a pickup truck.
How To Get Framer Insurance
For the most accurate framer insurance quote, we’ll need some details about your position as a framer. So be prepared to give us some details when you contact us, from location to the coverage types you’re interested in.
Framer Liability Insurance Explained
As a framer, you’re not exactly inside an office all day. You’re typically traveling to construction sites where contractors of all kinds are constructing homes or commercial buildings, and the owners of those structures might be checking on the progress. That means you can expect to see other people at your jobsite, which leads to a chance of injury.
For example, if the owner of the house you’re framing steps on a nail or has a piece of wood fall on him or her, someone has to pay the resulting medical bills. When you don’t have the right insurance, the responsible party would be you. But when you have general liability as part of your framer insurance policy, your coverage will cover all medical costs when someone gets hurt on your jobsite. And if you damage the customers property other than your work, your general liability policy will pay for repairs, as well.
Another helpful aspect of general liability is that it will pay for your legal bills if you’re accused of your ads being slanderous, libelous, or in violation of copyright law. Additionally, if you have an office and it’s damaged at any point—such as by fire or vandalism—general liability pays for the repairs you’ll need.
Framer Tools Coverage
You can’t do your job without the right tools, such as a hammer, drill, circular saw, framing square, and tape measure, to name a few. So you already know how much you would be affected if your tools were ever lost or stolen. You would likely have to buy them all again, which could take some time if you don’t have the budget to buy all new tools.
This is why tools coverage should be part of your framer insurance policy. This coverage would pay to replace any tools or equipment you’re renting or own, keeping you constantly equipped with the items you need for your job, even after the worst occurs.
Framer Auto Insurance
When your framing job is keeping you busy, it’s easy to forget that your personal car insurance policy likely doesn’t cover you when you’re driving for work. This means if you cause an accident on the way to a worksite, you might be stuck paying for the damages out of your pocket. To avoid this expensive mistake, make sure you add commercial auto insurance to your framer policy. This way, any related medical bills or vehicle repair bills will be covered.
Working in the framing industry often means getting familiar with surety bonds of all kinds, since most framing jobs require a bond for you to even begin the job. The bond reassures customers that you’ll finish the job you’ve been contracted to do, so it’s important to get one. These are some of the types of bonds you should consider getting:
- Contractor’s License Bond
- Contract Bond
- Performance Bond
- Janitorial Bond
- Dishonesty Bond
- ERISA Bond (For Directors and Officers)
- Bid Bond
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