Insurance solutions for home improvement contractors

Having a bond gives you the ability to tap into your own growth and access the security you need to take on bigger jobs that you might not have the coverage for at the time.

Home improvement companies and pros need insurance coverage for several reasons. Some cities, counties, and states may include insurance coverage as part of your licensing, business licensing, or permitting requirements. Insurance coverage also gives your customers the peace of mind that in the event of an incident or incomplete work the job will still get done. Finally, companies need insurance coverage to protect their assets and investments. As a business owner, you must make sure your business is as protected as possible. 

Here are just a few reasons why you’ll need insurance:

• Natural disasters
• Theft 
• Accidents
• Death of important stakeholders
• False advertising or copyright infringement
• Malpractice or negligence
• Product-related injuries or accidents
• Data breaches and more

Most businesses at least have general liability insurance. Other types of coverage that you may need include commercial auto, workers’ compensation, umbrella coverage, equipment insurance, and specialty insurance specific to your trade.

Hearth offers typical policies like general liability, commercial auto, workers’ compensation, and umbrella coverage, but we can help you find the right kind of policy and coverage for your business after a short consultation.

Hearth can help you find short-term policies for general liability. Just contact one of our agents, and they can walk you through finding the right short-term insurance coverage for you. 

A bond or surety bond is a special type of coverage that is sometimes required by municipalities or homeowners to protect against damage to municipal property or problems related to completing a job. The bond issuer makes guarantees about how much of the damages they are responsible for financially.