Why Artisan Contractors Need Specialized Insurance

Artisan contractors play vital roles in many projects, typically bringing high levels of skill and craftsmanship to various jobs. However, whether you’re an independent electrician, plumber, carpenter or another tradesperson, your work comes with unique risks that standard business insurance may not fully address. Composing and maintaining customized contractors insurance is essential.

Understanding the Unique Risks for Artisan Contractors

Every job site and project may present its own set of hazards and concerns. From accidental property damage to injuries on the job, artisan contractors are often inherently exposed to risks that can cause costly accidents. For example, even a slight miscalculation during construction could lead to expensive repairs. Alternatively, tool theft could require you to replace your equipment and face costly delays.

Why Standard Business Insurance May Not Be Enough

While many business insurance packages may offer basic financial protection, they often fall short of addressing contractors’ unique coverage needs. For instance, you might need to account for the following potential coverage gaps:

• Damage to client property during a project
• Injuries to subcontractors or third parties
• Loss or theft of specialized tools and equipment
• Errors in workmanship or completed operations

Benefits of Customized Artisan Contractors Insurance

Our team at Transglobe Insurance Agency can offer insurance solutions designed specifically for Illinois contractors. These policies can include:

• General liability coverage tailored to your unique contracting risks
• Tools and equipment insurance for both on- and off-site property
• Workers’ compensation for employees and subcontractors
• Coverage for completed operations and ongoing projects

Supporting Artisans With Local Expertise

At Transglobe Insurance Agency, we understand the coverage needs and specific challenges artisan contractors face in Chicago, IL. Our team is committed to helping you assess your risks, understand your options and secure coverage that fits your business.

Contact us today to learn more or compare personalized quotes.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.