What business insurance does a finish carpentry contractor need in Massachusetts?

Your finish carpentry business adds the final touch to homes and buildings – from crown molding to custom cabinetry. We know how much precision and pride goes into your work, and we’re here to help you protect it. Having the right insurance coverage in Massachusetts is important for client trust and long-term success. We believe in your business and want to help you protect it, so here’s a quick guide to the best insurance for carpentry finish contractors in Massachusetts.

SHORT SUMMARY (because we know you have a lot going on!)

Finish carpentry contractors in North Carolina face industry-specific risks that require customized insurance coverage.
A Business Owner’s Policy for carpentry companies saves you money by bundling general liability, property insurance and optional business interruption coverage.
General liability insurance is often required by your contracts, and covers damages or injuries caused by your business as well as advertising-related claims.
Contractor property insurance covers damages to your office or warehouse from fire, theft and other surprise threats.
Workers’ compensation is mandatory for all contractors in Massachusetts who have employees.
Contractors tools and equipment covers damages from fire, theft & more to the important gear you bring to carpentry jobs.
Commercial auto is required in Massachusetts to cover damages caused by the vehicles you use for transport or hauling.
Commercial umbrella insurance provides extra coverage when other key policies reach their limits.
Working with Mylo can help you find the right coverage at the best value!

FIVE BEST COVERAGES FOR MASSACHUSETTS FINISH CARPENTRY CONTRACTORS:

Here are five essential coverages every carpentry contracting business like yours should consider to stay protected and profitable:

1. Business Owner's Policy for finish carpentry contractors

A Business Owner’s Policy (BOP) for finish carpentry contractors is a smart starting point. It bundles key coverages into one affordable package – ideal for new or growing businesses. Your BOP typically includes:

GENERAL LIABILITY FOR CARPENTRY CONTRACTORS Covers legal and medical costs if a client or other non-employee is injured or their property damaged by your business. It also protects you from advertising-related claims. Though Massachusetts doesn't require you to carry general liability, it's strongly recommended and often required by contracts. Examples of when you might need it:

A client’s floor is scratched during a cabinet installation.
A visitor trips over your tools and suffers an injury.
A competitor accuses you of copying their logo or slogan

CONTRACTOR PROPERTY INSURANCE Helps repair or replace the property you don't take to jobs if disaster strikes – like fire, theft, or vandalism. This includes:

Your office or warehouse
Furniture and inventory
Equipment that doesn't move

BUSINESS INTERRUPTION INSURANCE Replaces lost income if you need to temporarily pause your business due to covered property damage.

2. Workers' compensation for carpentry contracting businesses

Massachusetts mandates workers’ compensation insurance for all businesses with employees. It covers medical expenses and lost wages for employees injured on the job – and protects you from most employee lawsuits. Examples:

A carpenter strains their shoulder lifting heavy trim.
A crew member cuts their hand using a miter saw.
An employee falls from a ladder while installing crown molding.

3. Commercial auto for carpentry finish contractors

If you use company-owned or personal vehicles to transport materials, tools or employees, Massachusetts requires commercial auto insurance.

Helps pay for damages or injuries your vehicles cause to others or their property
Can also pay for physical damage to your vehicles (optional)

4. Contractors tools and equipment insurance

This helps contracting businesses like yours protect the valuable tools and equipment they bring to jobs. If yours are damaged or stolen while in transit or on a job site, this must-have coverage can repair or replace them. Examples:

A fire damages your table saw and compressor
Your generator hits the side of a swaying trailer and parts are broken
A jobsite theft results in missing drills and nail guns

5. Commercial umbrella insurance for contracting companies

Think of this as insurance for your insurance! A commercial umbrella insurance policy provides extra protection when other key policies like your general liability reach their limits, which helps you protect your company's financial assets.

THE BEST INSURANCE FOR FINISH CARPENTRY CONTRACTORS IN MASSACHUSETTS

Every business is unique. We’re fans of yours and here to help you protect it. Mylo has been innovating insurance for ten years. We know how to connect people and businesses to the coverage they need. Because we don’t sell our own insurance, we can give you an objective recommendation.

At no charge to you, we will:

Recommend the right coverage for your needs
Shop for you from leading top-rated insurance carriers
Find you the best combination of coverage and price
Keep you feeling confident about growing your business!

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The right coverage for you? Surprisingly simple.

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Protect what matters: your business

Why business insurance? That’s easy – it’s designed to keep you in business. When certain losses come along, you can dodge bankruptcy and stay on top of your game.

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When should I shop for a BOP?

Good news: if you’re a BOP holder, you always get the “special” top tier of business insurance. You’re platinum, baby! Learn more benefits & options.