Carpenter Insurance in New Hampshire

Also providing carpenter insurance to residents in Massachusetts, Maine, Rhode Island, & Vermont.

Insurance24

What is carpenter insurance?

Carpentry work inherently involves risks, ranging from theft to injury. Carpenter insurance can help carpenters in New Hampshire shield themselves from many of the risks they face.

Carpentry insurance offers tailored coverage for carpenters. Policies typically have bundled coverages that can shield against property risks and liability risks, and coverages can be customized.

Who in New Hampshire needs carpenters insurance?

Most New Hampshire professionals working within the field of carpentry can benefit from carpenters insurance. Coverage can prove vital if something happens on the job.

For example, all of the following professionals should probably have carpenters coverage in place:

• Residential and commercial carpenters
• Framers and finish carpenters
• Woodworkers, furniture makers and cabinet makers
• Coopers and luthiers
• Theater set specialists

Ship carpenters who work along the coast making wooden boats should also consider coverage. There are, unfortunately, very few left making boats by hand however.

In some cases, certain jobs may be denied unless a carpenters policy is in place. Larger commercial customers, and some homeowners, may only hire professionals who are insured.

What coverages are available through carpenter policies?

Carpenter insurance policies are typically flexible, allowing professionals to select from a variety of coverages. Some of the common coverages include:

• General Liability Coverage: Might cover common accidents leading to third-party property harm or injuries.
• Errors and Omissions Coverage: Might cover errant advice given by carpenters to their customers.
• Commercial Umbrella Coverage: Might cover high liability lawsuit costs with supplemental protection.
• Commercial Building Coverage: Might cover facilities that a carpenter’s business owns, such as a workshop or storage facility.
• Commercial Personal Property Coverage: Might cover carpentry tools, equipment and materials when stored at a facility.
• Inland Marine Coverage: Might cover carpentry tools, equipment and materials when being taken between locations.
• Builders Risk Coverage: Might cover carpentry tools, equipment and materials while kept at a work site.
• Business Interruption Coverage: Might cover income losses stemming from covered unforeseen incidents that have lasting effects.
• Commercial Auto Coverage: Might cover business-owned vans and trucks used for getting to/from customers’ locations.

Do contractors need a carpenter policy?

Contractors doing carpentry work likely need the protections found in a carpenters policy, but they may have additional coverage needs that these policies don’t normally come with. A contractors insurance policy will likely provide the carpenters and other coverages that contractors doing broader work require.

An insurance agent specializing in carpenters insurance can help contractors determine whether this type of policy or something else would be better for them.

Do subcontracting carpenters need their own insurance policy?

Subcontracting presents a nuanced insurance situation. Subcontractors sometimes receive coverage from the hiring contractor’s insurance policy, but this isn’t always guaranteed. It also might not include all of the protections that subcontractors would like.

If a contractor provides sufficient insurance protections, then insurance might not be needed for the job. If no or insufficient insurance is provided, then subcontractors may want their own policy. In either case, these considerations are restricted to only the subcontracted job.

A specialized insurance agent can help subcontractors review any contractor-provided coverage, in order to make a decision about whether to get their own policy.

How much does a carpenters policy cost?

The cost of carpenters insurance varies depending on a number of factors. A carpenter’s scope or work, size of operations, location, tools used and experience can all come into play. As can what vehicles they use, what coverages they choose, and whether the business has any recent claims history.

For an exact quote, carpenters can work with an independent insurance agent who knows these policies. An independent agent will be able to request quotes from several insurance companies in the state, making the comparison of coverages and costs easy.

Where can carpenters in New Hampshire get carpenter insurance?

If you’re a carpenter in New Hampshire, contact the independent insurance agents at Insurance24 for help finding carpenter insurance. We’ll make sure you get a policy that offers robust protection.