Selecting a Decorative Metal Contractor Insurance Policy
When selecting a decorative metal contractor insurance, you should consider tools and equipment coverage. This type of insurance covers high-value movable assets while they are on the construction site, in storage or transportation, and when they are damaged. In most states, license bonds are also required for contractors to ensure compliance with state laws. The cost of license bonds will vary depending on the contractor’s classification. Depending on the value of the property, license bonds can be inexpensive or expensive.Decorative metal contractors install decorative metal on buildings, bridges, and other structures. They also repair damaged metal and remove graffiti.
What Is Decorative Metal Contractor Insurance?
Decorative metal contractor insurance protects businesses against losses caused by accidents involving employees who work with decorative metals. It also provides workers compensation benefits for injuries sustained while performing their job duties.
Who Needs Decorative Metal Contractor Coverages?
Decorative metal contractors are responsible for installing and repairing decorative metals such as copper, brass, bronze, aluminum, stainless steel, and other materials used in building projects. They often use power tools and equipment to complete these tasks. If something goes wrong during the installation process, the business owner will need to pay out of pocket for repairs. This can quickly add up to thousands of dollars. Decorative metal contractor coverages provide protection against these kinds of costs.
Why Should You Have It?
Decorative metal contractor insurance protects businesses from unexpected expenses related to the installation and repair of decorative metals. It also provides liability protection for injuries caused by the work of the insured.
Decorative metal contractor coverages protect against damage to property, bodily injury, and legal defense costs. They also provide coverage for the cost of removing damaged materials and replacing them with new ones.
What Are Some Common Decorative Metal Contractor Claims?
There are several common claims made by decorative metal contractors. These include:
• Damage to property – This includes damage to walls, floors, ceilings, doors, windows, and other building elements. It also includes damage to fixtures, furniture, and equipment.
• Bodily Injury – This type of claim involves injuries sustained by workers while performing work at the job site.
• Legal Defense Costs – This type of claim protects against the cost of defending lawsuits filed against the insured party.