Door and Window Installation Insurance
Contractors who install doors and windows must protect themselves against the cost of lawsuits arising from damage to customers' homes and more.
Written by
Christine Lacagnina has written thousands of insurance-based articles for TrustedChoice.com by authoring consumable, understandable content.
Reviewed by
Cara Carlone is a licensed P&C agent with 20 years of experience. She has her P&C license in RI and TX and holds CPCU, API, and AINS designations.
Door and window installation is a specialized trade that involves prep work, valuable tools and equipment, expensive inventory, and sometimes even dangerous conditions for employees. If you own a door and window installation company or work as a contractor, just one mistake on the job could end up costing you big time.
Fortunately, door and window installation insurance tailored to your unique risks can help you recover if you cause property damage or injure someone else, and can even help you recover if you face a serious property loss of your own. A local independent insurance agent can help you find the right coverage. But first, here's a deep dive into door and window installation insurance and why it's necessary.
What Is Door and Window Installation Insurance?
Door and window installation insurance is a specific type of contractors insurance designed to meet the needs of professionals who install these elements of the home. Coverage can protect contractors against the cost of lawsuits arising from customers if you damage their home or cause bodily injury to someone. It may also protect your tools and equipment from various threats, such as theft or fire damage. An independent insurance agent can help you find a complete policy.
What Does Door and Window Installation Insurance Cover?
Door and window installers need several forms of protection. Your general contractors insurance policy may include some or all of the following types of coverage.
- Commercial general liability insurance: Pays for claims of bodily injury and property damage to third parties due to your negligence. If you damage a home or building you’re working on or cause an injury to a bystander, you can expect to pay for the resulting property repairs or medical bills and possibly for your legal defense.
- Commercial property insurance: Covers physical damage to your office building or other commercial property caused by events like fires, lightning, tornadoes, wind, hail, theft, or vandalism. It covers your building and its contents, including computers, window and door inventory, tools, furniture, fixtures, and more.
- Business interruption insurance: Compensates you for lost business income and certain operating expenses if you must temporarily suspend operations after a covered disaster such as a major fire.
- Commercial umbrella insurance: Provides excess liability protection to several existing liability policies you have, such as general liability. If you face a lawsuit that exceeds your liability coverage limits, your commercial umbrella policy can provide you with additional protection, typically in increments of $1 million.
- Workers’ compensation insurance: Pays for lost income and medical expenses for employees who are injured or suffer an illness because of their job site or work duties.
- Crime insurance: Protects your business from the costs of theft, forgery, or fraud that damages your business. It also offers coverage in cases of shoplifting and vandalism.
- Commercial auto insurance: Covers your business vehicles and drivers in the event of an accident, vehicle damage, theft, etc.
- Cyber liability insurance: Pays for losses due to a data breach or cyber attack involving your business.
- Contractors tools and equipment insurance: Covers your tools and equipment used for installing doors and windows and other contracting jobs against many threats, including theft and fire damage.
- Inland marine insurance: Protects your equipment, tools, portable computer equipment, and other supplies from theft, loss, or damage while they are in transit to and from worksites, such as in your work trucks.
- Installation floater: Protects materials left at a job site to be installed that get damaged before the project is completed. This coverage can be added to your commercial property policy.
- Tools and equipment floater: Covers any leased or owned specialized tools and equipment while they're stored on the construction site. It can cover hand tools, power tools, contractors’ gear (e.g., hard hats, goggles, etc.), and can be added to your commercial property policy.
Your independent insurance agent can help you assemble a comprehensive door and window installation insurance policy. They'll make sure you're set up with all the types of business insurance you need.
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Why Do You Need Door and Window Installation Insurance?
Installing new doors and windows can help refresh a home's appearance while greatly improving its energy efficiency. The process requires specialized parts, equipment, and expertise. As such, your work has a variety of inherent risks, including the following.
- Third-party property damage and/or bodily injuries
- Worker injuries
- Business vehicle accidents
- Property and equipment damage, theft, etc., on a job site or at your business premises
- Loss of income due to a catastrophic or unexpected event
- Employee theft of cash or inventory
- Employee lawsuits related to discrimination or other claims
- Cyber breach
Door and window installation insurance helps you recoup financial losses when these and other problems occur for your business. Without the right coverage, your door and window installation business could face hefty financial losses, even resulting in bankruptcy, especially after a lawsuit.
How Much Does Door and Window Installation Insurance Cost?
The costs to insure your business can depend on the size of your operation, as well as a variety of individual risk factors, including:
- The location of your business and any other buildings that you own or operate out of (i.e., office or warehouse)
- The number of employees you have
- The types of tools, machines, and specialized equipment you have
- How many business trucks and drivers you have
- The size and scope of the projects you take on
- The value of the inventory and other property you keep on your premises
Ultimately, the types and amounts of coverage you need to adequately cover your risks will influence the cost of your door and window installation insurance. However, the average costs of many of the types of coverage needed by contractors who complete this type of work are as follows.
Average cost of the types of coverage needed by contractors
| Insurance Type | Monthly Cost |
|---|---|
| Contractor's tools and equipment insurance | $14 |
| Commercial auto insurance | $177 |
| Workers' comp insurance | $228 |
| Cyber liability insurance | $145 |
| General liability insurance | $83 |
| Commercial umbrella insurance | $92 |
| Surety bonds | $13 |
A local independent insurance agent can help you find affordable door and window installation insurance near you.
Save on General Contractors Insurance
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The Benefits of an Independent Insurance Agent
Independent insurance agents simplify the process by shopping and comparing insurance quotes for you. They have access to multiple insurance companies, ultimately finding you the best door and window installation insurance coverage, accessibility, and competitive pricing while working for you. And down the road, your agent can help you file business insurance claims and update your coverage when necessary.
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