Carpenters should consider these essential coverages:
- General Liability Insurance: Covers third‑party bodily injury or property damage—such as a client tripping over equipment or unintended damage from drilling.
- Workers’ Compensation Insurance: Required in almost every state if you employ anyone; covers workplace injuries like falls, cuts, or muscle strains.
- Tools & Equipment Coverage (Inland Marine): Protects your valuable tools and materials whether onsite or in transit.
- Commercial Auto Insurance: Needed if you use a vehicle to transport tools and job site gear.
- Professional Liability (E & O): Protects against claims for project defects, installation errors, or unsatisfactory work.
Without these core protections, even minor incidents can result in major financial loss.
