Call Us (804) 740-7034 ☰ ˟ Hablamos Español
Logo
Call Us (804) 740-7034Hablamos Español
  • Home
  • Get A Quote
    • Automobile
    • Business & Commercial
    • Disability Insurance
    • General Liability Insurance
    • HealthImage of right arrow
      • Health Insurance Quote
      • Long Term Care Insurance Quote
    • Homeowners
    • Life
    • Motorcycle
    • Recreational Vehicle
    • Renters
    • Watercraft & Boat
    • Workers Compensation
  • Customer Service
    • Automobile
    • Business & Commercial
  • Blog
  • Make a Payment
  • Resources
    • Refer a Friend
    • Important Links
    • Insurance Glossary
  • About Us
    • About Tony DiServio Insurance, Inc.
    • Location Map
    • Employee Directory
    • Privacy Policy
  • Contact
    • Contact Us
    • Join Our Newsletter
Home > Blog > Business Insurance for Your Window Installing Business
THURSDAY, JUNE 27, 2019

Business Insurance for Your Window Installing Business

Window installerHow much business insurance do window installers need? Proper insurance minimizes risks for any company. Proper coverage keeps the business operational when a mistake or accident occurs. It becomes essential for companies to analyze their individual needs carefully.

Work with a Richmond VA business insurance agent to plan for the proper protection for the company. There are several forms of insurance necessary.

Protect Assets First

Window and door installers tend to need specialized equipment. They may operate out of a commercial building. They often have a wide range of tools to perform key tasks. As a result, they own assets. Each of these assets requires proper business insurance.

  • Select coverage at least at the value of the building. It should cover claims for fire, theft, vandalism, or storm damage. Rebuilding coverage is a good option.
  • Choose coverage for tools. It should be at least as much as the tools' worth. Combine all values. Choose coverage for the total value, if you have the option. Tool coverage might only provide a percentage of the replacement coverage.
  • Property insurance also protects inventory. Select a policy that represents the amount of inventory you carry on hand for any product.
  • For high-end equipment, consider an endorsement to the property insurance. This provides more coverage for those high-end valuables.

Minimize Liability Next

In some cases, general liability insurance for window and door installers is higher. That is because your company travels to the customer's location. This increases risks. More so, glass can be dangerous. If someone falls or otherwise suffers an injury, this can lead to costly claims. Professional liability or umbrella insurance may help extend coverage. This provides a better layer of protection.

  • Buy at least general liability insurance worth $1 million. Larger businesses with more customers may need higher values.
  • Consider the per claim limit. Be sure this limit is enough to cover losses at least equal to the job.
  • Consider the policy limit. Most are $2 million or more.
  • Choose to upgrade to umbrella insurance (an additional policy) to further minimize risk. This helps in larger organizations or those that spend more time on ladders.

Consider workers compensation coverage. Employee dishonesty may be beneficial. It may be important to consider commercial auto insurance if you drive from place to place. Most installers travel significantly. Choose coverage to protect the vehicle itself. Then, add in coverage for onboard equipment. Consider all risks. Choose coverage to minimize these risks.

All window and door installers need quality business insurance. This becomes essential to protect from claims and accidents. Tailor the coverage to match the unique needs of the business. Larger businesses or those with more high-risk jobs need a higher level of coverage on hand.
Posted 12:38 AM

Tags: insurance, business insurance, commercial insurance, richmond, virginia,
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2022
  • 2021
  • 2019

  • insurance(4)
  • business insurance(2)
  • virginia(2)
  • helping others(1)
  • small business(1)
  • richmond(1)
  • 30 years of business(1)
  • preventing laundromat fires(1)
  • business owners(1)
  • henrico county award(1)
  • business fires(1)
  • renters insurance(1)
  • minimum requirements(1)
  • auto insurance(1)
  • fire risks(1)
  • commercial insurance(1)

View Mobile Version
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Home| Get A Quote| Customer Service| Blog| About Us| Contact
9305-B Quioccasin Road | Richmond, VA 23229
P: (804) 740-7034 | F: (804) 741-8255 | support@diservio.com
LinkedIn Google
Logo

Powered by Insurance Website Builder