As a flooring installer, you have many investments you need to protect and liabilities you need to be aware of. The right flooring installation insurance can make all the difference in helping you run your business successfully and avoiding costly mistakes. Learn what you need to know about flooring installation insurance, so you can keep your business safe and secure.

Commercial Property Insurance
Commercial Property Insurance is essential for any flooring installation business. It provides coverage for the buildings, equipment, and other property associated with your business in the event of a natural disaster or accidental damage. This type of insurance will also protect you from losses arising from theft, vandalism, and fire. Additionally, it can provide protection for lost income if your business has to close due to damage or destruction.

General Liability Insurance
The first flooring installer insurance needed is General Liability Insurance. General Liability Insurance is a must for your flooring installation business. It covers you if someone gets injured on your property, if an employee damages someone’s property while working, or if a defective product causes any type of damage. These types of claims can be extremely expensive and without general liability coverage, they all fall to you to pay out of pocket. Having this insurance coverage in place beforehand will give you the peace of mind that any financial losses related to liabilities are covered and won’t endanger your business.

Workers’ Compensation Insurance
If you hire any employees, Workers’ Compensation Insurance is another must-have policy. This can protect you and your staff in case of an on-the-job injury or illness. It covers medical costs and lost wages while they are unable to work due to an injury. Without workers’ compensation insurance, you would be responsible for those losses out of pocket and could put your business at risk of financial instability.

Vehicle & Equipment Coverage
If you or your employees travel between job sites and use vehicles to transport tools and materials, standard auto insurance coverage may not properly protect the damage to your property caused by an accident. To provide a comprehensive layer of protection for these items, you can supplement your policy with special equipment and vehicle insurance that covers any loss or damage to them while outside the office.

For Flooring Installation Insurance, Call 888-851-5572.