Home and commercial property remodeling in the U.S. generates $112 billion in revenue each year, showing an eight percent increase over the last five years. This increase illustrates a greater demand for skilled trade workers, which in turn gives rise to liability claims that can bring massive losses.
Should an injury or property damage occur, artisan contractors can be held liable for financial compensation. A single mistake or incident could ruin your client’s business. Recently, one contractor paid $4.25 million to settle a lawsuit after a home it renovated experienced a deadly house fire. The lawsuit argued that reckless construction turned the home into a fire trap.
Speak with your clients about Artisan Contractors Insurance—tailored to protect skilled workers including plumbers, roofers, carpenters, electricians, painters, janitors and landscapers.
