Insurance for Window Installers
Window installers need enough business liability insurance to financially protect them from lawsuits.
Business liability insurance protects your window installation company from damages or losses due to negligence or faulty installation in residential or commercial premises.
A Western Financial Group business insurance broker will get you commercial coverage that’s tailored to your window installation company.
We make the process easy by getting insurance quotes for you from our insurance partners that allow you to choose the best coverage for your window installation company’s specific needs.
Why do window installers need customized business insurance?
Customized commercial insurance is needed to financially protect you from the risks involved in installing windows in homes or commercial buildings.
Here’s how window installation insurance can help you:
A client says the windows installed by your company have air drafts. The client has sued you for negligence. Professional liability insurance, also called errors and omissions insurance, helps cover lawsuits related to a window installer’s mistake or professional negligence.
Did you know? Liability insurance is the foundation of your window installer insurance coverage. Here are the window installation liability coverages that you need.
Professional liability insurance
Professional liability insurance is also known as errors and omissions (E&O) insurance and it’s essential for your window installation business. It protects you against claims arising from professional negligence, errors, or omissions in the services that you provide.
It helps cover defense costs, settlements, or judgments related to such claims. In the case of a professional error claim, for example, your window company’s E&O policy would pay for some or all of the claim costs.
Commercial general liability (CGL) insurance
Commercial general liability insurance covers third-party (customer/supplier/ member of the public) bodily injury and third-party property damage.
For example, if a buyer trips and falls and is injured while visiting your window showroom or if a client’s property is damaged, CGL insurance can cover the associated legal expenses, medical costs, and potential settlements.
What kind of risks does commercial general liability insurance cover?
- Injury to a third party who is not your employee
- Damage to someone’s property
- Damage to rented property
- Medical bills if someone is injured
- Legal costs and settlement costs of liability lawsuits filed against you
- Liability lawsuits related to slander and libel
Cyber liability insurance
If you take credit/debit payments from your clients, your window installing business could be hacked by cyberthieves. Cyber liability insurance will help protect you financially should there be a cyber-attack.
Depending on the size of the data breach and the information that was taken, the customers who are affected can hold you liable and sue you for damages. Cyber liability insurance helps cover these costs.
What other insurance coverages do window installation businesses need?
Tools and equipment insurance
This type of insurance provides financial protection for any transportable tools or equipment that window installers use.
Tools and equipment insurance can provide reimbursement to repair or replace tools if they are lost, damaged, or stolen. Insured events apply to tools and equipment that are vandalized, stolen, lost, or damaged by fire or flood.
Any item valued at less than $1,500 is considered a tool. Anything valued above $1,500 is considered equipment.
Commercial property insurance
Commercial property insurance provides financial support to replace or cover repairs to your window installer business if it’s damaged by a flood, fire, or severe weather. It also covers vandalism and theft.
Commercial property insurance also covers contents such as computers, furniture, tools, equipment, and inventory. Commercial property coverage also extends to protect others’ property that is under your care.
Business interruption insurance
This type of insurance supports you when your window business can’t operate due to a covered loss such as:
- Damage to your equipment from fire or vandalism
- A major reduction in revenue due to a client/supplier facing losses of their own
- A disruption in your supply chain
Business interruption insurance can help with these expenses:
- Payroll
- Rent
- Utilities
- Property taxes
- Alarm monitoring
- Relocation of your business
Commercial auto insurance
If you are using your car for your job in the window installation business, it won’t be covered by your personal car insurance policy. You will need commercial coverage as part of your window installer insurance package.
How much does window installer insurance cost?
That usually depends on: Location(s), services provided, number of employees, years of experience, annual revenue, and any past claims.
Why Western:
Savings: Free quotes. No hidden fees.
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