Carpenter Insurance

Carpentry Services
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Why do carpenters need insurance?

Nail guns, saws, and the other tools of your trade make carpentry a risky business. Protect your small business against injuries, lawsuits, and theft with affordable insurance for carpenters.

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Find the right coverage

Insureon's licensed agents help carpenters find property and liability coverage that matches their unique risks. Fill out our free online application to compare quotes from top-rated insurance companies.

Our expert insurance agents will help you fulfill insurance requirements and get the best coverage for your business.

What types of business insurance do carpenters need?

These policies provide coverage for the most common carpentry risks.

General liability insurance icon

General liability insurance

This policy covers basic carpentry risks, such as a client tripping over your toolbox. Bundle with commercial property insurance for savings in a business owner’s policy (BOP).

  • Slip-and-fall accidents
  • Damaged customer property
  • Product liability insurance
Business owner’s policy icon

Business owner's policy

A BOP bundles general liability coverage and commercial property insurance at a discount. It's often the most cost-effective type of insurance for carpenters.

  • Accidents that injure clients
  • Client property damage
  • Stolen or damaged business property
Workers’ compensation insurance icon

Workers’ compensation insurance

Most states require workers' comp for carpentry businesses that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.

  • Employee medical expenses
  • Disability benefits
  • Employee injury lawsuits
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Commercial auto insurance

This policy covers third-party bodily injury and property damage caused by carpentry vehicles. It can also pay for repairs to vehicles damaged by weather or vandalism.

  • Physical damage and collision coverage
  • Medical costs if another person is injured
  • Vandalism and theft
Contractor’s tools and equipment coverage icon

Contractor’s tools and equipment insurance

This policy helps pay for repair or replacement of saws, finish nailers, and other tools if they are lost, stolen, or damaged. It's a type of inland marine insurance.

  • Equipment less than five years old
  • Mobile equipment
  • Small tools
Professional liability insurance icon

Professional liability insurance

A professional liability insurance policy covers legal costs when a carpenter is sued for a professional mistake or oversight. It's also called errors and omissions insurance (E&O).

  • Accusations of negligence
  • Failure to finish a project on time
  • Failure to follow a blueprint
Looking for different coverage? See more policies.

How much does insurance cost for carpenters?

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A carpenter who works alone will pay less for insurance than a carpentry shop with several employees.

Factors that affect carpenter insurance costs include:

  • Type of carpentry work, such as residential or commercial
  • Business equipment and property
  • Business size, location, and revenue
  • Types of insurance purchased, such as builder's risk insurance
  • Policy limits and deductibles
  • Subcontractors and additional insureds
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How do I get carpenter's insurance?

It’s easy to get insurance coverage and surety bonds as a carpenter if you have your business information on hand. Our insurance application will ask for basic facts about your business, such as revenue and number of employees. Small business owners can buy a policy online and get a certificate of insurance with Insureon in three easy steps:

  1. Complete a free online application
  2. Compare insurance quotes and choose policies
  3. Pay for your policy and download a certificate

Insureon's licensed insurance professionals work with top-rated U.S. insurance agencies to find the most affordable coverage that fits your carpentry shop, whether you work independently or hire employees.

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Common questions about carpenter insurance

Review answers to commonly asked questions about carpenter public liability insurance and other types of business insurance.

Do carpentry businesses need to be licensed, bonded, and insured?

The type of carpentry work you do and the laws in your specific state will determine the requirements for licenses, permits, and bonds you need. There are specific instances when your carpentry business can benefit from obtaining the right licenses, bonds, and permits, such as:

  • Taking on certain types of work. You may need a license to do specific tasks, including carpentry and/or electrical work. These requirements differ by state.
  • Accepting large-scale or particular projects. You might need a permit for a specific project. Such as, building a structure of a certain height, or converting one type of room into another, could require a permit. Again, this depends on your state laws.
  • Securing contracts. Several types of surety bonds are common in construction, including bid bonds, performance bonds, and payment bonds. They act as a guarantee you'll fulfill the terms of a contract. You may need one to bid on a project, apply for a license, or work with a specific client.

Because of this, your insurance needs will most likely be determined by licenses, permits, and bonds. For example, most general contractors need to buy commercial general liability insurance to apply for licensure in their state.

What other insurance policies do carpenters need?

While general liability insurance, sometimes called public liability, and workers' compensation provide crucial protection against workplace injuries and third-party claims, it doesn't cover every risk. Carpenters should also consider the following insurance products:

Why do carpenters need to maintain continuous coverage?

Buying short-term, temporary policies like carpenter liability insurance by the hour or on a daily basis seem like a good idea. However, there are several reasons and benefits for maintaining continuous coverage:

  • Avoiding rate increases. If you cancel a policy, your insurer might be unwilling to sell you another policy, or decide to charge more for the same coverage.
  • Coverage remains active. Claims-made policies, such as professional liability insurance, only cover claims made while the policy is active. If you're sued for a completed project after you've canceled coverage, you won't be covered, even if you were insured while you did the work.
  • You maintain your license. Some professional licenses require insurance, which means you're at risk of losing your license if you cancel your policy. It might be difficult or even impossible to get the license back, depending on the circumstances.

Remember, you're responsible for any business-related losses while you don't have commercial insurance. That includes:

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