Tile Contractors are construction specialists that install ceramic, porcelain, marble, and other kinds of tiles in residential and commercial structures.
Tile contractors employ special tools and equipment for cutting, laying, and hanging tile, all of which present a hazard to employees, subcontractors, and the public.
Fairbanks Insurance Brokers recommends a package of Tile Contractor’s Insurance coverages to mitigate the financial risks that result from third-party lawsuits and fines and penalties from the state licensing board.
Contractors’ General Liability Insurance is a foundational coverage that protects the contractor from financial liability resulting from third-party lawsuits.
A Tile Contractors’ General Liability policy protects against third-party suits seeking damages because of bodily injury, property damage, or personal and advertising injury.
Tile Contractors’ General Liability coverage can provide defense costs against alleged third-party damages up to the policy limits.
Tile Contractors’ Workers’ Compensation insurance protects your workforce and business by providing benefits to employees injured on the job.
Without a valid Contractors’ Workers’ Compensation policy, tile contractors are exposed to lawsuits for medical bills and lost wages if an employee is injured or becomes ill from work-related activities.
Many states issue severe penalties against illegally uninsured employers.
Many construction projects require tile contractors to be licensed and bonded before commencing operations.
A Contractor’s Surety Bond is for the benefit of consumers damaged from defective construction or other license law violations and employees who have not been paid wages due to them.
Tile Contractors’ Surety Bonds act more as a business line of credit than an contractors’ insurance policy.
Contractors’ Commercial Auto Insurance provides coverage for liability and physical damage to work vehicles used for business purposes.
Tile contractors’ commercial auto insurance protects company vehicles involved in an accident, damaged from vandalism, or stolen.
Tile Contractors’ Equipment Insurance provides broad coverage for property in transit, off-premises, or temporary locations.
Tile Contractors’ Tool and Equipment coverage mitigate the risk of replacing expensive tools that may be damaged or stolen.
Tile Contractors’ Inland Marine (Tool and Equipment Insurance) provides coverage to repair or replace equipment damaged by a covered peril.