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Cabinet Installers Insurance
Everyone needs a place to store their stuff. Closets, garages, and shelves solve the problem often enough – but in areas like kitchens, storing things in a way that doesn’t generate an unacceptable amount of clutter is paramount.
Cabinet installers are the contractors who make that possible, but they put themselves in a vulnerable position every time they’re on the job. No matter where you install them, whether it’s on the wall or on the floor, making a mistake during the installation can lead to a variety of damages that can easily be made into a claim against them.
If you’re one such contractor concerned about how a potential mistake can ruin your reputation, or your entire business, let Contractors Liability give you the information and the insurance coverage you need to prevent that from happening.
What Constitutes Cabinet Installers’ Insurance?
This is a sub-genre of general contractors’ insurance that covers you in the event where a third party such as a client, or someone else present on the job site – like a passing pedestrian – gets injured or needs to deal with some other form of damage you created.
The ways in which cabinet installation can create injuries or damages are numerous, but for the sake of simplicity, we have compiled five different categories for your reference, as well as some examples that are likely to occur when you’re on the job.
- Injuries to the Body: Physical harm inflicted upon any person unrelated to your company that you are deemed responsible for.
- Example: An improperly installed cabinet in a kitchen falls off the kitchen wall when things are put into it for the first time, causing severe cranial injury.
- Damages to the Property: Any damage that is lasting and unwanted.
- Example: Work done in a reckless fashion causes damage to the plumbing in the kitchen sink, creating a flood.
- Personal Injury: Any non-physical injury that negatively affects the reputation or emotional state of a third party.
- Example: Cabinets created with non-durable material lead to noticeable wear and tear after a short amount of time, forcing the client to regret the decision to work with you.
- Advertising Injury: Any false claim or direct attack made against a third party, as in libel or copyright infringement.
- Example: Your advertisement presents a stock photo of a cabinet built with composite plywood in an attempt to convince potential clients that this is the quality of your competitor’s work.
- Medical Payments: This covers the medical bills of a third party caused by an on-site injury.
- Example: If a client trips over your toolbox and chips a tooth because of the resulting fall, your insurance can cover the dentistry bill.
What Rates Can I Expect from My Cabinet Installers Insurance Quote?
Rates depend on a number of factors that are directly related to the nature of your business. It’s insufficient to think that there’s a gold standard associated with your industry because the things that you do with your business affect your rates on a unique level.
Nonetheless, there are general factors we believe you should know about whenever an insurance provider calculates your rates, that way you can have a ballpark estimate that is based on what your company has done since its humble beginnings:
- The size of your business. As the number of employees you have under you increases, so does the odds of an accident occurring. Medium to large-scale businesses sometimes have a higher insurance rate than a business that’s smaller, but policy limits might be higher as well. It’s best to go over the details with a representative from Contractors Liability to figure out where you stand in terms of your size as a company.
- Your company’s accident history. Accidents are only natural, so it’s not like one or two on your record is going to make a huge impact on your company’s insurance rate. However, a consistent record of mistakes and accidents will increase your rates because insurance companies will see you as a liability. Talk to a licensed insurance agent today about ways you can keep your rates down if you have a high number of accidents in your record.
- The age of your company. Established companies automatically tell customers many things. Your company wouldn’t have existed for as long as it has if other customers either didn’t trust you, love your work, and notice you have the integrity to get projects done on time and to customer standards. Insurance companies notice this. While seniority in your business is not everything, it certainly helps to keep rates down or limits high.
Keep in mind there may be other, less prominent examples that directly affect how much you’ll pay for your insurance package. When you work with us, we can give every piece of information you need to keep track of what you’re protected against, and why you pay the rates you do. For more reasons why you should give Contractors Liability that chance to be your insurance provider, check out these other benefits!
The Benefits of Working With Contractors Liability
Our namesake implies that we understand contractors better than any other insurance provider out there, and we make it a point to prove it by investigating your unique needs to provide the most comprehensive and tailored painter’s insurance available to you. Here’s how we do it:
- We only offer A-Rated insurance policies from recognizable insurance providers
- We give you adjustable policies that address the details of your business and its inherent risks
- We calculate rates that work for companies of any size
- We hire insurance agents who understand what you need based off of their previous contracting experience
Are my own employees covered under cabinet installers insurance?
To cover your own employees with insurance, you will need a form of coverage called Worker’s Compensation. General Liability insurance only covers third-parties, leaving your employees vulnerable if you don’t have worker’s compensation in your plan already. If you have employees that need coverage, let us know and we can find some options that work for you.