According to most state licensing boards, a Cabinetry Contractor makes cabinets, cases, sashes, doors, trims, nonbearing partitions and other items of “finish carpentry” by cutting, surfacing, joining, gluing and fabricating wood or other products to provide a functional surface. This contractor also places, erects, and finishes such cabinets and millwork in structures. Since cabinet installation involves mounting and attaching heavy cabinets to a structure, the use of electric tools and heavy lifting present a substantial risk for the contractor. Also, third party risks of property damage and liability are significant. Fairbanks Insurance Broker offers an affordable contractor insurance package to protect you and your employees.
Contactors General Liability will be the foundation of protection for your cabinetry contractor’s business. The coverage will respond if you or your employees are found liable for bodily injury, property damage, or have a products/completed operations complaint. The coverage also covers defense costs for your business to respond to any lawsuits brought by a third party.
Many states will require cabinetry contractors to provide workers’ compensation coverage for their workers before they can begin a project. Accidents will happen at the job site that can result in an employee becoming injured and missing work. Your workers’ compensation coverage will provide financial assistance for medical expenses and lost wages.
It’s very likely that your state will require you to be licensed before you can begin operations. Most states and customers will require cabinetry contractors to offer a license or surety bond before you are allowed to bid on a job or begin working.
Typically, cabinetry contractors will have light and heavy vehicles that require commercial auto insurance to make certain their vehicles can be repaired or replaced in the event of an accident, vandalism, or theft.
Also known as Inland Marine Insurance, this policy will provide for reimbursement for expenses to repair or replace tools and equipment. Your tools represent an important part of your livelihood, so we always encourage carpentry contractors to consider this valuable coverage.