Artisan Contractors Insurance in Fort Myers, FL
Artisan contractors, such as electricians, plumbers and carpenters, face unique risks daily on the job. From accidental property damage to on-site injuries, these skilled tradespeople need specialized protection to safeguard their businesses. Artisan contractors insurance is designed to provide this essential coverage, ensuring that contractors can focus on their craft without worrying about potential financial setbacks.
What Are the Types of Artisan Contractors Insurance?
Artisan contractors insurance typically offers the following types of coverage, among others:
- General liability insurance
- Tools and equipment insurance
- Professional liability insurance
- Workers’ compensation insurance
- Commercial auto insurance
How Much Is Artisan Contractors Insurance?
The following factors can influence the cost of artisan contractors insurance:
- Trade type—Different trades have varying levels of risk. For example, electricians and roofers might face higher premiums due to the hazardous nature of their work compared to painters or carpenters.
- Business size—The number of employees and the scale of operations can impact the cost.
- Location—The geographical area where the business operates affects the cost. Areas with higher crime rates or greater risk of natural disasters may lead to higher premiums.
- Coverage limits—Higher coverage limits provide more protection but also increase the cost of the insurance.
- Claims history—A history of frequent claims can result in higher premiums as insurers view the business as a higher risk.
- Policy term—The length of the policy term can influence the cost. Some insurers offer discounts for longer-term policies.
- Deductibles—Choosing a higher deductible can lower the premium, but it means paying more out-of-pocket in the event of a claim.
Learn More
Contact Baker Insurance Group Inc. to discuss your insurance portfolio.