Flooring Contractors Insurance Ontario
What You Need to Know About Flooring Contractors Insurance
The need for flooring contractors to install new carpet, wood, laminate and tile flooring is stronger than ever as the Canadian housing market continues to grow. Yet, as with any business, any setbacks brought on by unanticipated mishaps could quickly disrupt or even bankrupt your company. While understanding the risks that your company can and will likely encounter is essential to staying ahead of the competition, another just as important necessity is owning a solid, comprehensive flooring contractors insurance policy to safeguard you and your business.
Insurance Coverage Options
The secret to success is constructing a flooring contractor insurance plan tailored to fulfill your business’s exact needs. And because every new job comes with its own unique set of dangers and risks, whether you’re a self-employed flooring contractor or the owner of a sizable flooring company, you need flooring contractors’ insurance to safeguard your business from various unforeseen events and liabilities.
Fortunately, Insurance Hero makes it quick and simple to locate premium contractor insurance in Ontario. We will use our extensive knowledge and understanding of the insurance market to do our utmost to secure the right insurance you seek at the most affordable rates possible.
What is flooring contractor insurance?
Flooring contractor insurance is a specialized insurance program designed to protect flooring contractors from industry risks specific to their line of work, including property damage, financial loss, and bodily injury to a client or third party. Your flooring contractor insurance will help cover any resulting damages, including property damage, repair costs, medical expenses, and more, as well as any legal fees if a claim is made against your company.
Who should get flooring contractor insurance?
Any commercial or residential flooring service provider should think about purchasing general liability insurance, at the very least, not only because it is mandatory in Ontario but also to cover themselves in case they accidentally cause property damage or personal injury. Some of the many types of flooring contractor jobs include:
- Floor covering installer (carpet, wood, vinyl, laminate)
- Commerical flooring installer
- Carpet installer and replacement
- Concrete and/or epoxy flooring installer
- Tile setter