You wouldn’t think of starting a job without the right equipment. Arranging insurance for your business is no different. It pays to speak to professionals, and that’s why we’re here to help you.
Your specialist tools and equipment can be hazardous not only to yourself but to your staff, sub-contractors and the general public. There’s also a risk of causing property damage whilst you’re working.
We understand the day-to-day risks and challenges you face, and can help you find a flooring installer insurance package that forms an essential part of your toolkit.
Your property and tools, covered – flooring contractor insurance can provide cover for: tools and equipment against accidental damage or loss; and property damage.
Bespoke protection – from sole traders to managers of teams of flooring installers, our flooring contractors’ insurance is designed around you and your business.
Professional support – our expert team are on hand to answer any questions you have, resolve issues you encounter, and with any claims that arise.
How our team of flooring contractor insurance experts can help you
QUOTE ONLINE OR CALL OUR TEAM
We’ll search a selection of insurers to find a provider that suits you best; only pay for the cover you need.
Your Flooring Contractors Insurance Portfolio Can Cover Business Property
If you have a central office where you greet customers, make appointments, handle administrative work or store your tools and materials, your flooring contractors insurance policy should include coverage for the property kept in this location. More about Flooring Installer Insurance
You and your insurance agent may also want to discuss adding extra expenses insurance coverage to your flooring contractors insurance portfolio.
This insurance covers the costs involved with renting and setting up office space in a temporary location if a covered event has rendered your home office unusable until repairs are made.
The tools and equipment you use in day-to-day operations can be very expensive to replace. You will therefore want to be sure that your flooring contractors insurance also includes coverage against loss, damage and theft while they are at a location other than your central location. This coverage can be obtained in two different ways.
Builders risk insurance: If you are working on flooring installation as part of a new building construction, the top contractor on the job will most likely have purchased a builders risk insurance policy. This insurance covers the property that is used and stored on the job site during the project. In most cases, this would include your flooring business property.
Inland marine insurance: If you are doing flooring or insulation work on an existing building, such as for a home improvement or addition job, you need an inland marine policy to cover your tools and equipment while they are being used on the project. This insurance covers your business property both at the job site and while in transit to and from jobs.
Your independent insurance agent can explain your coverage options and help you get the coverage you need to cover your tools and materials.
We take time to understand your needs to arrange the flooring installers insurance that’s right for you. So you can focus on your business.
Pricing and Quotes
Pricing for flooring contractor insurance will vary based on the type of insurance coverage and the risk profile of your business. Insurers consider factors such as:
Business size
Industry
Location
Number of employees
Claims history
Businesses with higher risks will have higher premiums than those deemed lower risk. For example, a flooring installer with a history of frequent claims will face higher premiums. Premiums also rise as you increase the limits of insurance. Different insurance companies have different models for rating risks, so it is worth comparing pricing across different insurers.
In order to get an accurate estimate on pricing, it’s best to get a quote from a reputable insurance company.
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