Drywall contractors are essential in the construction and renovation industry, providing the finishing touches that make buildings complete. However, these professionals face unique risks that require specific insurance coverage to protect their business. Matt Sbordone, a construction underwriting specialist with Central Insurance, shares expert tips on the insurance policies that drywall contractors need to safeguard their vital work.
Drywall contractors handle a variety of projects, from new construction to renovations and commercial installations. They face challenges such as a high risk of injury, property damage, and liability issues. To address these risks, Sbordone recommends five essential insurance policies for drywall contractors.
Firstly, General Liability Insurance protects against third-party claims for bodily injury, property damage, and advertising injury. Workers’ Compensation Insurance covers medical expenses and lost wages for injured employees, ensuring both worker and employer are protected. Commercial Auto Insurance is crucial for covering damage to vehicles and liability for accidents on the road.
Inland Marine Insurance provides protection for tools and equipment used by drywall contractors, while Professional Liability Insurance safeguards against negligence or faulty workmanship claims. Choosing the right insurance carrier is vital for drywall contractors, as a reputable carrier with experience in the construction industry can offer tailored policies for their specific risks.
Central Insurance offers resources and expertise for construction policyholders, with specialists like Matt Sbordone and Jim Johnson dedicated to providing support and solutions for drywall contractors. By partnering with an independent Central agent, drywall contractors can design an insurance plan that ensures security and peace of mind in their work.