November 19, 2024
Dorsal Insurance
Fence and Gate Installation Insurance In Florida
Physical labor performed on someone else’s property means high liability. Business insurance covers costs if a property owner steps in a post hole, or if someone steals your tools or lumber. Some insurance policies, like workers’ compensation, are required by law.
What types of insurance do fence installation contractors need?
General liability insurance
A general liability policy helps pay for third-party lawsuits related to property damage and injuries, such as a customer who trips over a board.
Business owner’s policy
A business owner’s policy, or BOP, is a cost-effective way for fence installers to buy general liability coverage and commercial property insurance together.
Workers’ compensation insurance
Most states require workers’ comp for fence installation businesses that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
Commercial auto insurance
This policy covers third-party injuries and property damage caused by a fence company’s vehicle, as well as damage to a vehicle from vandalism or weather.
Contractor’s tools and equipment insurance
This policy helps pay for repair or replacement of a fence installation contractor’s post hole diggers, drills, and other tools if they are lost, stolen, or damaged.
Cyber insurance
Cyber insurance helps cover the cost of a data breach or cyberattack at your fence installation business.
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