Contractors’ insurance protects against the financial risks present at all stages of business operations.
Stucco installation and repair is a specialized craft within the construction industry that typically mandates licensure in most US states. Due to the hazardous nature of this trade, stucco contractors face liability exposure for bodily injury and property damage claims from third parties, as well as the risk of work-related injuries and illnesses among employees.
A stucco contractors’ comprehensive insurance package provides financial protection against workplace accidents and third-party property claims.
Stucco contractor general liability forms the bedrock of your commercial insurance portfolio.
This vital coverage safeguards your business against expenses arising from claims related to bodily injury and property damage, medical payments, products, completed operations, and personal injuries such as slander and libel.
Stucco contractors’ liability insurance covers defense expenses that may arise in the event of legal action against your company by a third party.
To obtain a license for working in your state, the contractor’s licensing board may mandate that your company maintain an active stucco contractor workers’ compensation policy.
In the event of work-related injuries or occupational illnesses suffered by an employee, stucco contractors’ workers’ comp insurance covers medical costs and lost wages.
Most state licensing boards mandate a stucco contractor surety bond to activate a contractor’s license.
A stucco contractors’ surety bond is a financial assurance that a project completes according to the agreed-upon terms in a bid.
Stucco contractors’ surety bonds safeguard consumers against financial losses incurred due to a business’s failure to comply with local, state, or federal laws and regulations.
Stucco contractors’ commercial auto insurance provides coverage for business vehicles in the event of an at-fault accident or damage caused by vandalism or theft.
A stucco contractors’ commercial auto policy provides higher limits, unlimited drivers and vehicles, and other forms unavailable on a standard auto policy.
Stucco contractor commercial auto insurance offers an extensive range of coverage, including:
Stucco contractors use various costly tools and equipment in their workshops and out on the job site. Stucco contractor inland marine insurance provides a wide range of coverage for tools, products, materials, and equipment at a job site, transported, or off-site storage.
Stucco contractor tool and equipment insurance protects against such common perils:
A stucco contractor inland marine policy can provide “installation” and “builders” risk coverage.