• Builders Risk Coverage
• Inland Marine Coverage
Running a flooring business can be a profitable endeavor, but it’s not one that’s without risk. From potential accidents on the road to possible accidents on the job site, flooring contractors in Vermont should protect themselves from a range of risks. Flooring contractor insurance can help do just that.
Flooring contractor insurance is a particular form of commercial insurance that’s generally well-suited to meet the needs of flooring businesses. Most of these policies come with multiple coverages that get bundled together, and it’s often possible to adjust a policy’s exact protections by choosing which coverages are included.
The vast majority of flooring contractors working in Vermont ought to carry a flooring contractor policy. This includes businesses of all sizes, from part-time sole-proprietors who install flooring as a side gig to the state’s biggest flooring companies.
Almost any business can face a major event that causes substantial loss, and that loss can be devastating if the right insurance isn’t in place. For flooring businesses, a flooring contractor policy is usually the right type of insurance.
In some cases, flooring professionals may find that certain clients won’t hire a company unless it has insurance in place. Many flooring jobs in public buildings and commercial buildings require the contractor hired to be insured, and homeowners also might require insurance.
As mentioned, most flooring contractors policies come with more than one coverage and the coverages within a policy frequently can vary slightly. Nonetheless, there are several protections that most policies make available through their standard or optional features. These common protections include:
There are still more coverages that can be helpful in certain situations. For a full overview of all available coverages, businesses should consult with an insurance agent who specializes in flooring contractor policies.
Our business was with the same trusted agent for over 20 years. Mike Bancroft offered to evaluate our policies and see if he could save us some money on both Workmen's Comp and general liability. He did, and in the process even moved us to better coverage. Mike also offers a superb quality of service. Cannot recommend highly enough.
Mike Bancroft has been great to work with. He has assisted with my Business Auto, Tool Coverage, Homeowners and all other types of insurance needs. I wouldn't be surprised if they change their name to Paige, Campbell & Bancroft soon!
Extremely prompt, personable, and professional service! Despite only needing a workers' comp policy for one employee, Paige & Campbell was very receptive and ensured to shop my policy around to ensure I received a great price that was almost half of what another broker quoted me.
Premiums for flooring contractor policies vary because they’re based on several different factors, but these tend to be some of the more affordable policies within the construction industry. Policies almost certainly cost less than what a major catastrophe would be if no insurance was in place.
Because premiums vary, the best way to learn what insurance for a specific flooring business would cost is to speak with an independent insurance. Unlike a captive agent who’s usually tied to one insurance company, an independent agent can show businesses policies from multiple insurance companies. Comparing the different companies’ policy options makes it easy to see what a business will need to pay.
For help insuring a flooring business in Vermont, contact the independent insurance agents of Paige & Campbell Insurance. Our agents will review your business’ situation and help you find the flooring contractor insurance that’s right given the business’ risk exposure.
Barre
P.O. Box 469
297 North Main Street
Barre, VT 05641
(802) 476-6631
Bradford
P.O. Box 392
25 North Main Street
Bradford, VT
(802) 222-5222
Waitsfield
5197 Main Street, Suite 3
Waitsfield, VT 05673
(802) 496-3118
This material is for informational purposes only. All statements herein are subject to the provisions, exclusions and conditions of the applicable policy, state and federal laws. For an actual description of coverage, terms and conditions, please refer to the applicable insurance policy or check with your insurance professional. The illustrations, instructions and principles contained in the material are general in scope and, to the best of our knowledge, current at the time of publication.
Mike Bancroft is simply an amazing agent. When my business got burglarized, I was so upset and didn't know what to do. I contacted Mike and he was very prompt in calling me back and he put my mind at ease. He made me feel so much better and handled all of the paperwork immediately. His customer service is top notch and I highly recommend him to be your insurance agent!