Gutter Installer Insurance
If you’re in the gutter installation industry, you can look forward to growth in the future, since the new construction and remodeling fields are also growing. This is especially the case if you offer the seamless gutters that are now in demand. In order to get ready for the growth in your business, you should learn about gutter installer insurance and then get a quote for a policy that will suit your needs.
Every business benefits from having general liability as part of the insurance policy, but gutter installers especially do. This is because you do most of your work at the homes or businesses of your customers, so there is always a chance that you could damage their property in some way during the installation process. When you have gutter installer insurance, the general liability portion will pay for any repairs that are needed after you somehow damage a home or business you are working on.
In addition, general liability will pay for the medical bills necessary if one of your customers trips over your ladder or other equipment while you are on the job. General liability can also cover your legal fees if you are ever accused of libel, slander, or copyright infringement by a competitor.
Business Owners (BOP)
A BOP allows you to get the coverage you need in your gutter installer insurance policy. Just one of the ways it can protect you is by paying for any repairs to your business office after a fire, vandalism, or other disaster. It will also replace any tools or inventory that may be lost during such an event, or even during a robbery. Additionally, a BOP covers accounts receivable, sewer and drain backup, electronic data loss, and other expenses you might have after a disaster.
Considering that you spend a lot of time driving in this business, you need to add commercial auto coverage to your gutter installer insurance policy. This will ensure that any collisions you or your employees cause are covered by insurance, because your personal car insurance will not apply when you are driving for business.
Whether your gutter installation company employs just a few people or dozens, you need workers comp as part of gutter installer insurance. When you have this coverage, your employees can rest assured that their medical bills will be paid for if they are ever injured at work. This is invaluable for anyone who spends their days on ladders and rooftops. Workers comp can also pay for any wages they lose as they heal from injuries received on the job. Most states require businesses to have workers comp, but even if it’s optional for you, it’s strongly recommended if you want to protect your business and your employees.
Your gutter installer insurance might include general liability coverage, but in some cases, it might not be enough to pay for claims against you. If you are ever held liable for an expensive property damage or personal injury lawsuit, you will want to have excess liability to pay for the expenses that your general liability coverage may not be sufficient to cover.