Insurance for Welders
Contractors Insurance is a leading commercial insurance company trusted by contractors across Canada. We specialize in creating custom insurance policies for different contracting companies and independent contractors, including welders.
Industries dealing with shipbuilding, vehicle manufacturing, pipe installation, or new construction will require the services of a welding contractor at one time or another.
However, welding can be dangerous, and contractors must satisfy rigorous quality and professionalism standards to qualify as field experts. We can provide tailor-fit insurance plans customized to serve the unique needs of welders.
We have assisted countless contractors over the years, offering end-to-end support, from negotiating premiums to filing claims. At Contractors Insurance, we handle commercial insurance matters for our clients to let them concentrate on growing their business.
What Is Welders Insurance?
Insurance for welders covers potential risks contractors in the metal fabrication industry face as they go about their daily business. It can help protect your company from liability lawsuits resulting from injuries and property damage incurred on the job. Welders insurance plans typically comprise commercial general liability coverage and optional programs that cover buildings and physical assets.
Our welders insurance package features the following plans.
Commercial General Liability Insurance
Regulations require all construction contractors, including welding service providers, to have commercial general liability insurance. The nature of the job exposes employees, owners, and clients to risks such as bodily harm and property damage. Commercial general liability insurance policies may help cover medical, repair, and legal expenses associated with:
- Injuries and damage occurring during or after the project
- Injuries sustained within the welding contractor’s business premises
Commercial Auto Insurance
As part of your comprehensive welders insurance bundle, commercial auto insurance covers expenses resulting from:
- The vandalism or theft of your commercial fleet.
- Property damage caused by your company’s vehicles
- Bodily harm resulting from accidents involving your vehicles.
Commercial Property Insurance
Welding contractors rely on different specialized tools to complete their daily responsibilities. They include oxygen tanks, arc welders, as well as personal protective equipment such as heat-resistant gloves and welding helmets. Welders commercial property insurance covers costs caused by the loss or damage of business equipment, including office items such as computers and filing cabinets.
Equipment Breakdown Insurance
To promote continuous productivity, you should invest in equipment breakdown insurance. It may protect your company against financial losses resulting from equipment failure. The plan can cover the cost of fixing or replacing damaged or lost equipment. The policy may also cover rental fees lost under such circumstances if your business involves renting out welding equipment.
In order to ensure the health and safety of your employees, you should consider investing in a coverage plan. Among the benefits of a worker’s compensation bundle are:
- Coverage for ongoing medical expenses resulting from work-related injuries or illnesses
- Compensation for lost wages during recovery
- Coverage for funeral costs when necessary
- Disability benefits
Who Can Benefit from Welders Insurance?
All welding contractors can benefit from insurance for welders regardless of whether you own a small company or a large corporation. Because of the significant safety hazards in metal fabrication jobs, the high-risk nature of the work necessitates comprehensive insurance coverage.
Why Is It Important to Have Insurance for Welders?
Legal expenses resulting from liability lawsuits can take a toll on the financial stability of any business, and this applies to welding contractors too. That’s when a welders insurance policy comes in handy. It can help protect your business against significant financial losses associated with job-related injuries or property damage. The plan may also cover costs resulting from the loss or damage of your company’s welding equipment.
Leading Provider of Insurance for Welders in Ontario
Here are some benefits you’ll enjoy by updating your welders insurance with Contractors Insurance.
Personalized Insurance Plans
Our knowledgeable insurance brokers will create a customized insurance plan for you. You won’t have to pay for any extraneous riders. Eventually, you’ll save money while still getting excellent insurance coverage.
Utmost Transparency on Coverage and Limitations
We’ll explain the process of filing a claim, the steps involved, and any potential exclusions in your policy.
Thorough and Straightforward Insurance Education
You can rely on us for unbiased information and assistance at every step. We can provide the knowledge you need to make informed decisions about your business insurance in addition to expert recommendations.
Ready to Get the Coverage You Need?
If you’re looking for insurance for welders, we’re here to help. We’re a reputable, award-winning insurance brokerage agency that has assisted independent contractors in obtaining customized insurance plans required to protect themselves from liabilities.
You can rely on our dedicated service to propel your company to a more secure and successful future.
Contact our experts or get started with a quote.