Plastering and Stucco Contractor Insurance

Why do stucco and plastering contractors need insurance?

Like most contractors, you put a lot of time and energy into building your small business. The last thing you want is an accident to bring it all tumbling down. That’s where plastering and stucco insurance can help you protect yourself and your business.

Learn more about plastering and stucco works insurance and how BizInsure makes it easy to compare multiple quotes from top-rated insurance partners.

What types of insurance do stucco and plastering businesses need?

There are different types of plastering and stucco insurance you might consider to protect your small business.

General Liability

Also referred to as Commercial General Liability (CGL) or “slip and fall coverage”, General Liability insurance can protect your business against bodily injury or property damage lawsuits from outside parties.

Just about anything can happen when you’re on a plastering or stucco job. What might seem like a minor event—say, another contractor tripping over your toolbox—could become a huge problem for your business. If someone is injured due to your actions, you could be liable for their medical bills or other compensation.

As a type of plasterer’s liability insurance, General Liability insurance pays your legal defense expenses and the cost of setting things right if you accidentally injure a member of the public or damage their property.

Business Owner’s Policy

A Business Owner’s Policy (BOP) is a combination of policies, combining coverages such as General Liability insurance and business personal property coverage, to help protect small businesses from costly interruptions to service.

A lot can go wrong when you run a small business. Rather than take out multiple of plastering and stucco works insurance policies, a BOP can help you manage many risks with a single policy. Your BOP can be customized to include just the coverage that suits your business needs.

Workers’ Compensation

Workers’ Compensation insurance protects you against medical expenses and lawsuits that can arise from employee workplace injuries and illnesses. It could also pay lost wages as a result of the work injuries that an employee sustains.

Safety is an important part of a plasterer or stucco contractor’s job. If you have employees, it’s your responsibility to ensure their health and safety at work. You might be expected to pay their medical bills and other related expenses if they’re injured on your watch.

Workers’ Compensation coverage is a mandatory type of plastering and stucco insurance in most states. You may be required to have a policy to cover your employees, regardless of their job or the number of hours they work. Check your state or local government website to understand the workers’ comp laws in your area.