Carpentry insurance can help protect you from:
Injuries or accidents
Someone gets hurt on a job site or you accidentally damage a client’s home while working.**
Stolen or damaged tools
Your essential woodworking tools are stolen, lost or damaged at work or on the way to a job site.
Professional mistakes
A client claims you made a mistake in your work that resulted in financial loss or didn’t meet agreed standards.
Get carpenter liability insurance that’s fast, easy and affordable
NEXT specializes in small business insurance. Carpenter insurance can help protect you, your carpentry business and your employees from the cost of unexpected events.
NEXT makes it easy to:
- Check prices, get covered and buy 100% online in about 10 minutes.
- Manage your policy 24/7 via web or mobile app.
- Pay monthly or annually and cancel anytime.
- Get unlimited certificates of insurance (COI) to share proof of insurance at no extra cost.
NEXT specializes in business insurance for carpenters
Carpentry insurance is usually several types of policies to help protect you, your business and your employees from different types of business risks. Your coverage may include:
General Liability insurance for carpenters
Protection for injuries to non-employees and damage to other people’s property
General liability insurance can provide financial protection if someone other than an employee gets hurt at your job site or if you’re held responsible for damaging property that doesn’t belong to you. This type of liability coverage might be required for a carpenter license in your state, and it’s common for clients to ask for proof of coverage.
general liability can help you pay for:
Medical expenses for bodily injury
Damage to property you don’t own
Legal fees and judgments
Employment practices liability
Contractor’s E&O insurance
To help protect you from errors and mistakes on a job
Contractor’s errors and omissions insurance can help cover costs if you’re accused of making workmanship errors. For example, if you are accused of installing the wrong cabinets for a client, contractors’ E&O could help cover expenses to fix the problem or defend your business.
professional liability can help you pay for:
Workmanship mistakes
Legal defense costs
Legal judgments
Commercial Auto insurance
Coverage for your business vehicle and driving
If you use a car, truck, van or trailer for work, personal auto insurance won’t usually protect you when driving for work. Commercial auto coverage could help cover accidents, damage or theft when you’re hauling lumber, tools or materials to a job. Most states require commercial auto insurance for business-owned vehicles to help pay for medical bills and property damage.
commercial auto can help you pay for:
Accidents or collisions while driving for work
Damage caused by a work car
truck
van or trailer
Repair and liability costs after a covered incident
Workers’ Compensation insurance for carpentry
For employee work-related injury and illness
Most states require workers’ comp insurance when you hire your first employee — and it can cover individual carpenter contractors, too. Workers’ comp insurance for carpenters can help protect your business and your crew if someone gets hurt on the job. This type of insurance coverage can cover medical care, lost wages and other costs while employees recover.
workers compensation can help you pay for:
Medical costs after a covered jobsite injury
Lost wages during recovery
Employer liability if you’re held responsible for an employee’s injury
Tool and Equipment insurance
Protection for your gear and equipment at a job site
Tools and equipment insurance, also called inland marine insurance, is an add-on to our general liability policy for carpenters. It can help protect essential gear against damage or theft — in your vehicle, in your workshop or on a job site.
inland marine can help you pay for:
Stolen or damaged tools
Accidental damage
Repair or replacement costs
Commercial Property insurance
For carpenters who want to protect their shop
Your workshop, tools and inventory are the backbone of your carpentry business. One fire, break-in or burst pipe could shut you down. Commercial property insurance for carpenters can help cover damage to your building, woodworking equipment and supplies, whether you own or rent your space. This kind of insurance policy can even help replace lost income if you have to close for repairs.
commercial property can help you pay for:
Damaged equipment and inventory
Lost income after a covered event
Ongoing expenses while your shop is being repaired
NEXT Insurance reviews
I am so excited
I am totally excited about my new insurance for my small business. I am happy that the price was in a range that I can afford, the terms were easy to understand and it was so simple to purchase my first policy. I look forward to doing business with you in the future.
Curzella J.
Easiest insurance purchase – EVER!
I was looking around trying to compare insurance and I am so lucky I found NEXT. I was able to compare levels of coverage, and all the options, without pressure from a salesperson or time limits. I was able to check out prices and it was more coverage for less than the “traditional” company I looked at.
Michael W.
Happy small business owner!
I needed liability insurance for my new small business brick & mortar location. I got the run around from another company, but NEXT provided a competitive insurance quote in a timely manner. I now have the insurance that I need and it was stress-free!
Nicole E.
Save up to 25% in discounts on carpentry insurance
Pay monthly or annually, and you can cancel at any time.
Basic
Lowest Price
Commercial Auto
Combined single limit
$85,000
General Liability
Per occurrence
$300,000
Tools & Equipment
Per occurrence
$3,000
Workers’ Comp
Per accident
$100,000
Commercial Property
Per occurrence
$25,000
Pro
Most Popular
Commercial Auto
Combined single limit
$100,000
General Liability
Per occurrence
$1 million
Tools & Equipment
Per occurrence
$5,000
Workers’ Comp
Per accident
$500,000
Commercial Property
Per occurrence
$25,000
Pro Plus
Best Coverage
Commercial Auto
Combined single limit
$1 million
General Liability
Per occurrence
$1 million
Tools & Equipment
Per occurrence
$10,000
Workers’ Comp
Per accident
$1 million
Commercial Property
Per occurrence
$25,000
How much does carpenter insurance cost?
Premiums for carpenter liability insurance are more affordable than you think. The exact price you’ll pay for your business insurance cost depends on a number of factors, including:
- The type of work you do.
- The types of clients you have.
- Your business location.
- Your number of employees.
- Annual revenue.
- The coverage limits and deductible you choose.
- Your insurance claims history.
The best way to know for sure what you’ll pay is to check our prices. In about 10 minutes you’ll see the exact cost of tailored coverage for your business.
How can insurance for carpenters help your business?
You might need carpentry insurance to help your business:
- Get a carpenter license in your state. Only a few states require a specific carpentry license but many states require carpenters to hold general contractor licenses.
- Start work on a project. Clients might ask for your active proof of insurance — like a certificate of insurance (COI) — before you can work at their property.
- Repair or replace property you own or rent. Protect your inventory, equipment and even the building that you lease or own.
- Protect against injuries. Get help covering medical bills and lost wages if you, your employees or someone else at your jobsite gets hurt.
- Hire employees or subcontractors. Most states require workers’ comp insurance for small businesses with employees.
- Drive for business purposes. Business-owned vehicles and personal vehicles you drive for work typically need commercial auto insurance.
Carpentry insurance FAQ
If you don’t find answers to your frequently asked questions here, our licensed, U.S.-based insurance advisors are standing by to help.
Who needs carpentry business insurance?
Whether you’re a self-employed carpenter building custom furniture, a carpenter who runs a small framing crew with subcontractors or a small business owner managing a full carpentry company, business insurance coverage can help protect you from business risks like property damage, job-site injuries or client disputes.
In many states, contractors and commercial clients also require proof of insurance before you can get licensed, bid on projects or sign subcontracting agreements.
Insurance can provide financial protection for unexpected events and accidents, such as:
- A client claims you damaged their cabinets, flooring or trim during installation.
- A power tool slips and causes injury to someone on site.
- A saw or nail gun accident results in property damage or medical bills.
- Expensive woodworking tools are stolen from your business vehicle.
- Your work van is damaged or totaled while transporting materials.
What is woodworking insurance?
If you have a woodworking business, insurance coverage is essentially the same as for a carpenter. Insurance for woodworkers could include:
- General liability insurance
- Workers compensation insurance
- Commercial property insurance
- Contractor’s E&O insurance
- Tools and equipment insurance
- Commercial auto insurance
To find the right coverage for your specific needs and unique risks, get an instant quote.
How does business insurance protect carpenters?
Our carpenter business insurance packages are designed to protect your business from a variety of risks and help you save money to grow your business. You can be protected from financial losses related to:
Damage to someone’s property
You accidentally damage electrical wiring while repairing a wall. The general liability coverage in your insurance package could help pay to repair the damage.**Accidents that hurt someone
Your client trips over unfinished flooring and gets injured while you show them your progress. Your general liability insurance could also come into play here by helping to pay for medical costs and legal fees if you go to court.Professional mistakes
There’s a miscommunication about which type of wood to use and paneling has to be redone. E&O insurance helps you defend yourself if you’re accused of making a mistake that causes someone to lose money.Workplace injuries
You hurt your knees installing lower cabinets in all the units of a large apartment building. Workers’ compensation coverage can help cover medical bills and lost wages — not to mention it’s usually required by law if you have employees.Injuries and damage involving your business vehicles
The suspension on your truck fails after a heavy load and it needs to be replaced. Commercial auto coverage will help pay for the repairs. This coverage is also usually required by law for business-owned vehicles.Theft or damage to your tools
Your table saw rusted after an automatic sprinkler system soaked it at a job site. You can choose to add tools and equipment insurance to your general liability coverage to help pay for replacement costs.Damage to your own property
Your office sustains damage after a small fire breaks out next door. Commercial property insurance can help with replacement or repair costs if your owned or leased property is damaged due to a covered event, such as a burst water pipe, fire, tornado or vandalism.What do I need to get an insurance quote online?
- Tell us about your business. Share what you do, where you’re located, how many people you employ, and any vehicles you use for work.
- Review your options. Compare recommended coverages and see prices tailored to your business.
- Buy online & get proof instantly. Complete checkout and download your certificate of insurance (COI) on the spot.
How can I get a certificate of insurance (COI)?
Once you have a NEXT policy, you’ll have 24/7 access to proof of your insurance (also called a certificate of insurance, or COI) via web or app. Log in to your account, download your COI instantly or deliver it via email or text at no additional cost. Get unlimited certificates and add an additional insured as you need them.
How do you file an insurance claim with NEXT?
If you’re a policyholder, simply log in to your account and file a claim. We’ll contact you shortly to go over the details. Our support team is standing by to help.
More professions covered by NEXT
Appliance Technician, Carpenter, Concrete Contractor, Debris Removal, Drywall Contractor, Electrician, Excavation Contractor, General Contractor, HVAC Contractor, Home Renovation Contractor, Mason, Insulation Contractor, Painters, Paving and Asphalt Contractor, Plumber, Roofing, Siding Installation Contractor, Solar Contractor, Snow Plowing, Welding, Tile, Stone and Flooring Installer, Paperhanger, Fence Installation Contractor, Lawn Care, Landscaping
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