Artisan contractors insurance doesn’t offer a “one-size-fits-all” policy. Instead, a contractor insurance company will tailor the policy to fit the needs of the specific industry.
As a result, New York contractor insurance can include the following types of protection:
- General Liability Insurance
This form of coverage offers protection against property damage and personal injury. Should an accident occur on the job site and cause injury to another party or individual, this policy will have you covered.
- Business Property Coverage
Business property coverage protects your business’s physical assets, including buildings or premises and their contents, warehoused stock and inventory, goods in transit, and manufacturing equipment.
Artisans who operate a business that requires employees to drive company vehicles should invest in commercial auto insurance, which differs from personal car insurance.
- Worker’s Compensation Insurance
Artisan contractors who own a business, especially those with employees, may want to consider worker’s compensation insurance. This form of policy provides wage replacement and medical benefits to individuals injured on the job, covering both the employer and the employee. In many cases, general contractors require artisans to have a worker’s compensation policy before sub-contracting them for a job.
In some cases, artisan contractor insurance in New York will also include custom coverage for tools, transit, storage, and protection for installation.