Glass Installer Insurance
The recession slowed down the glass installation field, but in recent years, it has been recovering right along with the economy. Now this industry is braced for growth, and you should prepare for this if you want to benefit from this trend. You can start by looking into how glass installer insurance can protect your business.
Every business needs liability coverage, but this is especially important when you work with glass. Whether you have a shop stocked with glass or work on-site at each customer’s home or business, the presence of sheets of glass can be dangerous. Customer might trip over them and break them, cutting themselves. Similarly, if there is any broken glass on your property, someone could drive over it and damage their tires.
If you want to avoid having to pay for medical bills and property damage out of pocket, you need to make sure you have general liability coverage as part of your glass installer insurance policy. As an added bonus, this coverage will pay for your legal costs if you are accused of slander, libel, or copyright infringement.
Business Owners (BOP)
Another way to protect your business involves having a BOP. Most businesses cannot afford to pay out of pocket to make repairs after a fire, vandalism, or any other catastrophe that damages your building. If this describes your situation, you need to add a BOP to your glass installer insurance policy. This type of coverage can also pay to replace any items within your glass shop that may have been damaged. Additional losses covered by a BOP include electronic data, forgery or alteration, and valuable papers and records.
For most glass installers, a major part of the workday involves driving. Whether you have a fleet of company cars or just have your employees drive their own cars, you need commercial auto added to your glass installer insurance policy. This way, any collisions that you or your employees cause should be covered by insurance, which is not the case when you only have personal auto insurance and are driving for business.
Regardless of the number of people you employ at your glass installer business, you need worker comp. This coverage will make sure your employees are taken care of if they hurt themselves at work. Considering that they handle glass all day, this is particularly important in this line of work, since glass can easily break and cause major injuries. If you want your employees to feel safe at work, your business insurance needs to include workers comp so that any necessary medical treatment is paid for when they are hurt on the job. This part of your glass installer insurance policy can also pay for any wages your injured employees lose while they take time off work to recover.
While general liability is a necessity in order to pay for any lawsuits, it’s not always sufficient when you face extremely high legal costs. If you are worried about having to pay out of pocket when you are sued, you should add excess liability coverage to your business insurance policy.