Floor Covering Installer Insurance

List of Contractors      Coverage Options      FAQs

The One Man Show      I'm A Sole Proprietor And They Are Making Me Buy Workers Compensation      Contractor With Employees

Floor covering installation of carpet, carpet tile, vinyl, some floating floor but not ceramic tile fit into this category or contractor for us. Ceramic contractors have their own class and most floating floor contractors are classified as carpenters. The vast majority of floor covering installers need insurance with additional insured clauses because they contract with retailers to provide fulfillment of the installed sales. We have many insurance companies to work with. It depends on your situation and where you do the majority of you installations what insurance company will be willing to work with you. Call us with your details so that we can match you up with your best insurance partner. 607-843-8860 or email insurance@drickardinsurance.com Careful planning coordinated with your insurance needs will save you money in the long run.

As with any business the bottom line is a concern. We have seen premiums around $400 a year for a minimal liability insurance policy. Keep in mind there is likely not enough coverage for most businesses at this minimal coverage. Many installers will find coverage at under $600 per year and around $700 annually for better coverage. For specific information on policies that fit your needs, including Commercial General Liability, Commercial Auto, Workers Compensation, and NYS DBL and PFL please contact us at 607-843-8860 or email insurance@drickardinsurance.com.

The One Man Show

You work by yourself, or with an occasional helper, handling the type of various floor covering needs found in a residential setting. The Commercial General Liability policies we have found generally range around $600 to $700 per year if you only work by yourself. To add an occasional helper will add usually less than $200 to $400 annually. This type of policy does not include your tools, and other property coverage that you may need. We strongly encourage you to get more than the smallest policy you can find for many the reasons we are happy to discuss with you at insurance@drickardinsurance.com or 607-843-8860. If you have a helper you will need the mandatory employment insurances required by New York State.

Sole Proprietor With No Employees That Needs Works Compensation

In addition to the Commercial Package Policies discussed earlier, one man operations are being forced to buy a workers compensation policy. We can arrange coverage for a sole proprietor who does all of the work himself with, no employees or helpers, to acquire "if any" Workers Compensation (WC) policy that the owner excludes himself on.  (We don't think a workers compensation policy that excludes the owner is in his best interests.) The total cost of the WC package has been in the $3,000 a year area. Actual premiums depend upon coverage specific case by case underwriting. We are happy to discuss with you at insurance@drickardinsurance.com or 607-843-8860.

Installers With Employees

We can help established floor covering installation contractors with employees that qualify under all of the stipulations listed above. Come to us for the Commercial General Liability, Business Property, Commercial Auto, Workers Compensation, and NYS DBL/PFL insurance. Based on your needs we will work together to select insurers among the many companies we work with. Contact us so we can custom design an insurance package for this need at insurance@drickardinsurance.com or 607-843-8860.

An incomplete list of coverage options to select from includes the following.