Carpenter insurance designed to protect your business
NEXT Insurance is a one-stop shop to help you get the carpentry business insurance you need to protect your business from accidents, injuries, legal fees and damaged vehicles. Our insurance packages typically include:
- General liability
- Contractors’ E&O
- Commercial auto
- Workers’ compensation
- Tools and equipment
- Commercial property
We’ll help you get the business insurance coverage you need
It’s all about managing your risk. See the different policies available for affordable carpenter insurance and save up to 10% when you bundle two or more of our policies.
General Liability
Bought by 95% of business owners like you
General liability insurance covers a wide range of accidents and basic risks. With carpenter liability insurance, you’ll have financial protection if someone other than an employee gets hurt or you are held responsible for damaging property that doesn’t belong to you. General liability might be required for a carpenter license in your state, and it’s common for clients to ask for proof of coverage. General liability includes contractors’ E&O, or professional liability coverage, which can help cover costs in a business disagreement.
general liability can help you pay for:
Medical payments
Property damage
Legal fees and judgments
Contractors’ E&O
Bought by 80% of business owners like you
Errors and omissions insurance (also known as professional liability) helps you defend yourself if you’re accused of making a mistake that causes someone to lose money. For example, if you are accused of installing the wrong cabinets in a home, your policy could help cover expenses to fix the problem or defend your business.
professional liability can help you pay for:
Professional negligence (actual or alleged
Legal defense costs
Legal judgments
Commercial Auto
For business owners who own or drive vehicles
Most states require commercial auto insurance for business-owned vehicles to help pay for medical expenses and property damage. Personal auto insurance usually won’t provide coverage for carpenter business activities, such as driving a load of wood to a job site.
commercial auto can help you pay for:
Medical expenses
Collision repairs
Rental reimbursement
Workers’ Compensation
For business owners who hire employees
Workers’ compensation insurance can help you and your employees after a workplace accident. Most states require it as soon as you hire your first employee, and you might need coverage before you can get your carpentry license. It can help pay for medical bills and lost wages after an accident.
workers compensation can help you pay for:
Medical expenses
Lost wages
Employer liability
Tools & Equipment
Protection for your gear and equipment
Tools and equipment coverage makes sure your carpentry gear is protected wherever you keep it — in your vehicle, in a trailer or at a job site. If you don’t own or lease property and regularly take expensive gear to a job site, tools & equipment insurance offers protection against damage or theft. This coverage is available as an add-on to our general liability insurance.
inland marine can help you pay for:
Equipment owned by you
Employee tools and clothing
Borrowed equipment
Commercial Property
For business owners who own or rent physical spaces
Commercial property insurance can help protect your carpentry business equipment, inventory and your building if you own it. If you own real estate where you store equipment, commercial property insurance provides coverage for your equipment while it’s on the premises, as well as for the building itself.
commercial property can help you pay for:
Damaged equipment and inventory
Lost income
Operating expenses
What other carpenters say about NEXT
Outstanding and easy to follow
Outstanding and easy to follow directions. Great so far
Joe V.
3/27/2023
Lemus construction
I’m really happy with the service thanks so much
Jose L.
3/26/2023
Great 👍🏾
Great 👍🏾
Will J.
3/25/2023
Great service
They are understood my exactly what I was looking for. Great customer service.
Raul F.
3/24/2023
Met and exceeded my expectations.
Met and exceeded my expectations.
Donald S.
3/24/2023
Painless
NEXT made it so easy to get a quote and set up with insurance for my small business!!
Michael V.
3/23/2023
maximum value insurance
The process was seamless and cost-saving!
ISRAEL J.
3/23/2023
Easy process
Great rates and super easy to get started
Samuel S.
3/23/2023
Getting my insurance was easy
Getting my insurance was easy .
Mark M.
3/22/2023
GL Insurance within minutes
The website is easy to navigate for quick quotes. From start to finish, it probably 30 minutes to bind coverage & issue an insurance certificate.
David P.
3/21/2023
You can save up to 25% in discounts on insurance for carpenters
You can pay for your insurance monthly or annually and you can cancel instantly 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?
Insurance for woodworking businesses costs vary based on the risks that your business faces, such as:
- The types of projects you work on
- Where your projects are located
- The types of vehicles you use at work
Carpenters can save up to 25% in discounts, depending on the kind of work you do. More risky professions can expect to pay more.
Learn more about carpenter insurance costs and coverage.
Carpenter insurance requirements
Carpenters are often required to have insurance due to the risk of injury and property damage while working on residential and commercial projects. You might need insurance to:
- 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 you to have active insurance — usually general liability or workers’ compensation — before you can work at their property.
- Drive for business purposes. Business-owned vehicles typically need commercial auto insurance and personal auto policies might not cover business driving.
- Hire employees or subcontractors. Most states require workers’ compensation.
- Repair or replace property you own or rent. Protect your inventory, equipment and even the building that you lease or own.
Get customized insurance wherever you do business
Learn more about carpentry insurance options in the state where you work.
NEED A FAST CERTIFICATE OF INSURANCE?
Download the NEXT mobile app and get your COI in seconds.
More professions that are covered by NEXT
Home Renovation Contractor, Siding Installation Contractor, Paving and Asphalt Contractor, Paperhanger, Insulation Contractor, Solar Contractor, Fence Installation Contractor, Lawn Care, Snow Plowing, Painters, Landscaping, Drywall Contractor, Concrete Contractor, Tile, Stone and Flooring Installer, Excavation Contractor, HVAC Contractor, Debris Removal, Mason, Electrician, Carpenter, Roofing, Welding, Plumber, Appliance Technician, Handyman, General Contractor
* To the extent permitted by law, applicants are individually underwritten, not all applicants may qualify. Individual rates and savings vary and are subject to change. Discounts and savings are available where state laws and regulations allow, and may vary by state. Certain discounts apply to specific coverages only.