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Home renovation contractors insurance

Are you a home improvement contractor that installs, builds, or fixes things in people’s homes? Let us build you a business insurance policy that can help protect you from risks you may face.

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Home renovation contractors insurance

Are you a home improvement contractor that installs, builds, or fixes things in people’s homes? Let us build you a business insurance policy that can help protect you from risks you may face.

What types of coverage should a home renovation contractor have?

Commercial general liability

If you are found legally liable for causing bodily injuries or property damage to a third party by the service you’ve provided, commercial general liability can help you recover from the legal costs your business will have to pay.

Property insurance

If you have a dedicated workspace that stores things like furniture or a computer, having property insurance can help you protect and replace items that get damaged or stolen.

Equipment breakdown insurance

Having equipment breakdown insurance covers your specialized tools, equipment, and building materials if they get damaged or stolen. This coverage can help you recover the cost of replacement and get you back to business faster.

Commercial auto insurance

If you’re a home improvement contractor, you and your employees may need a vehicle to get around to different locations. Having commercial auto insurance can protect your business vehicle as well as you and the employees that drive it.

Learn what the difference is between commercial and personal auto insurance.

Cyber insurance

If you use any business software to manage your projects or keep customer information on a computer, you may want to consider protecting your business from digital threats with cyber insurance.

Did you know? Cybercrime isn’t just happening to your computers and laptops. Your smartphone may also be a target too!

How much does home renovation contractor insurance cost?

No two businesses are the same, which means your business may need more or less coverage than another contracting business. Since coverages vary from business to business, the cost of insurance will also reflect this. Here are a couple factors that could affect how much your policy costs:

The types of coverages your business needs, as well as additional coverages you may want to add on to your policy, such as cyber insurance.
What your business is worth, including inventory, tools, equipment, and building materials.
Risks involved in your business as well the location.
The type of home renovation services you offer.

Want a quick and easy way to find out how much a policy for your business will cost?

Get a quote online today!

Is there a difference between commercial and residential renovation contractor’s insurance?

Although residential and commercial contractors may work with similar tools and equipment, their customers are different.

As for insurance, both types of contractors require the same types of insurance, but the only difference is they may require different coverage limits.

4 reasons why home renovation contractors need insurance

Protect people as well as property: A home renovation contractor can plan a project from start to finish, but that doesn’t guarantee there won’t be any bumps on the way. Accidents happen, so it’s important to have insurance when your business needs help recovering from the costs of accidental property damage or injuries to third parties.

Protect your tools and equipment: Home renovation contractors depend on tools, equipment, and building materials to complete jobs. Having insurance can help you replace these items if they get stolen or damaged.

Gain trust from new customers: When a customer asks if you have a certificate of insurance, you’re showing them you’re a responsible business owner, which will help them trust you with their home renovation project.

Attract great employees: You add credibility to your business by insuring it to help attract and retain top talent.

What are some things clients may ask you before they decide to hire you for their renovation project?

Before meeting with a client, it’s important to be prepared to answer any questions they may have. Potential clients may ask about the following:

How long you’ve been in business and if you’re certified.
Similar projects you’ve worked on and references (maybe even samples of your work).
Whether you’ll hire subcontractors.
If you have insurance.
And other details.

The TruShield advantage:

Legal Assist *

Legal Assist provides you access to legal advice and practical solutions for matters affecting your business. It includes a telephone legal helpline, document review and drafting services, and access to customizable legal templates.

24/7 Claims service

We’re here for you when you have a claim. With around-the-clock claims support by phone and online, we help to make settling claims fast, simple, and stress-free.

Flexible payment options

Pay for your policy all at once or in convenient monthly installments. We’ll even accept payment by credit card.

* Legal Assist services are not provided for criminal, personal or insurance issues, do not provide representation in legal proceedings or legal fees coverage and are not an insurance policy. Legal Assist services are provided through ARAG Legal Solutions Inc. by lawyers licensed in the province or territory of your residence.

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Advice from our experts:

Terms, conditions and exclusions apply, see policy for details. The services described on this website are not insurance policies and not all policies are eligible. For more information on our services and for information on our insurers please see Terms and Conditions. Certain content used on this website are trademarks or tradenames of Northbridge Financial Corporation (or its affiliates) and are used under license by our insurers. For more information please see Trademark Information. CISRO Principles of Conduct for Insurance Intermediaries. About your Insurance Broker Fact Sheet.

Legal information

Certain content used on this website are trademarks or tradenames of Northbridge Financial Corporation (or its affiliates) and are used under license by our insurers. For more information please see Trademark Information.

TruShield Insurance, 105 Adelaide Street West, Toronto, ON M5H 1P9

Customer satisfaction

Home renovation contractors insurance

Home renovation contractors insurance

What types of coverage should a home renovation contractor have?

Commercial general liability

Property insurance

Equipment breakdown insurance

Commercial auto insurance

Cyber insurance

How much does home renovation contractor insurance cost?

Is there a difference between commercial and residential renovation contractor’s insurance?

4 reasons why home renovation contractors need insurance

What are some things clients may ask you before they decide to hire you for their renovation project?

The TruShield advantage:

Legal Assist *

24/7 Claims service

Flexible payment options

Ready to get a quote?

Advice from our experts:

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Home renovation contractors insurance

Home renovation contractors insurance

What types of coverage should a home renovation contractor have?

How much does home renovation contractor insurance cost?

Is there a difference between commercial and residential renovation contractor’s insurance?

4 reasons why home renovation contractors need insurance

What are some things clients may ask you before they decide to hire you for their renovation project?

The TruShield advantage:

Legal Assist *

24/7 Claims service

Flexible payment options

Ready to get a quote?

Advice from our experts:

Small business experts:

Head office

Business Insurance in Canada

Send us a message

Update payment information

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