Renovation and remodeling projects involve physical labor and a high level of risk. A homeowner could sue over an accident, or an employee could suffer a lifting injury. Home renovation insurance covers unexpected costs so you can continue to beautify interior spaces.
These insurance policies cover the most common risks of renovation.
A general liability policy covers basic third-party risks, such as a customer tripping over home improvement materials. Bundle it with commercial property insurance for savings in a business owner's policy (BOP).
A BOP bundles general liability coverage and commercial property insurance at a discount. It's often the most cost-effective type of insurance for renovation professionals.
Most states require workers' comp for renovation and home remodeling businesses that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
This insurance coverage helps pay for accidents involving a contracting business's vehicle. Each state has its own auto insurance requirements.
This policy helps pay for repair or replacement of a remodeler’s saws, drills, hammers, shop vacuums, and other tools and equipment. It's a type of inland marine insurance.
Professional liability insurance helps cover legal costs related to a renovation business's work performance, such as failure to meet a deadline. It's also called errors and omissions insurance (E&O).
It's easy to get renovation business insurance coverage if you have your company information on hand. Our application will ask for basic facts about your company, such as revenue and number of employees. You can buy a policy online and get a certificate of insurance with Insureon in three easy steps:
Our licensed insurance agents work with top-rated U.S. providers to find coverage that fits commercial and residential remodelers, whether you're a contractor, subcontractor, or employer.