According to the California Contractors State License Board, “a glazing contractor selects, cuts, assembles and/or installs all makes and kinds of glass, glass work, mirrored glass, and glass substitute materials for glazing; executes the fabrication and glazing of frames, panels, sashes and doors; and/or installs these items in any structure. (832.17 CCR)
Since glazing contractors work primarily with glass and glass substitutes, there are significant risks to employees as they use sharp cutting tools and saws. The contractors also are responsible for installing the final glass product and therefore create a risk to third parties for bodily injury and property damage liability.
In order for glazing contractors to mitigate their everyday risks while doing business, the professionals at Fairbanks Insurance Brokers offer a package of insurance coverages that offer protection for employees and third parties that may be at risk during a project.
Your Company’s general liability coverage is the foundation upon which all other coverages are built. It will protect you and your company if an action is brought as a result of a bodily injury or property damage claim. Your insurer is also obligated to provide the resources need to defend your company against a claim. We recommend minimum limits of $1 million, but most companies should carry $5 million.
If you are a California contractor who must be licensed, one of the requirements you must meet for the licensing board, is that you have workers’ compensation insurance. Failing to do so can result in substantial penalties and leave your business open to lawsuits from employees who become injured while working for the company. The workers’ comp policy will take care of employee medical expenses and lost wages that result from work-related injuries or illnesses.
Just as your licensing board requires insurance, you will also have to post a bond before you can begin working. Your bond is not insurance, but more like a line of credit. The bond acts as a financial guarantee for the licensing authority and your customers or general contractor. It provides a financial remedy to interested parties if you fail to complete the project, pay your subs, or pay your suppliers.
Your commercial auto policy will cover your glazing business vehicles for liability if you or an insured driver is found liable for an at-fault accident. The policy also covers your vehicles if they or damaged in an accident, stolen, or vandalized.
Glazing contractors use expensive equipment every day for every job. Insuring this equipment will offer the financial protection your business needs if your equipment is damaged due to a covered peril or stolen from the job site or while in transit. This coverage will include also protection for any equipment you lease while at the job site or in transit.