What Insurance Do Artisan Contractors in Texas Need?

Key Takeaways:

• General liability insurance: Protects against bodily injury and property damage claims that occur while working on a client’s property.
• Workers’ compensation insurance: Provides coverage for medical expenses and lost wages for employees injured on the job, highly recommended even though it’s not mandatory in Texas.
• Professional liability insurance: Covers claims of errors or negligence in your work, protecting you from potential legal fees and damages.
• Surety bonds: Often required for public or commercial projects to ensure work is completed according to contract terms.

As an artisan contractor in Texas, whether you’re an electrician, plumber, or HVAC technician, having the right insurance is critical to protecting your business from everyday risks. With the rapid growth in Seguin, San Marcos, New Braunfels, and other parts of Central Texas, it’s more important than ever to ensure your business is covered.

General Liability Insurance for Texas Contractors

General liability insurance is the most basic yet essential form of coverage. It protects against claims of bodily injury and property damage that can occur while you’re working. For example, if a plumber accidentally causes water damage to a client’s property during a repair, general liability insurance would help cover the associated costs.

In Texas, many clients require proof of general liability insurance before they’ll even hire you, especially for larger jobs. It’s recommended to have at least $1 million in coverage to safeguard against common risks.

Workers’ Compensation Insurance for Texas Contractors

Although workers’ compensation insurance isn’t required by law for private employers in Texas, it’s a critical safeguard for artisan contractors with employees. This insurance covers medical expenses and lost wages if an employee is injured on the job. Given the physical nature of jobs like plumbing, electrical work, and HVAC installation, the risks of injury are higher, making this coverage a wise investment.

Professional Liability Insurance for Contractors in Texas

Professional liability insurance (also known as errors and omissions insurance) is designed to protect you from claims of negligence or errors in your work. For instance, if an HVAC technician installs a system incorrectly and the client incurs financial damages, professional liability insurance would cover the legal fees and potential settlements.

While not required by law in Texas, professional liability insurance is highly recommended, particularly for trades that involve high-risk installations or specialized work.

Surety Bonds for Artisan Contractors in Texas

In addition to insurance, contractors working on public projects or large commercial jobs may need to carry surety bonds. These bonds ensure that you will complete the job as agreed, providing your clients with peace of mind.

Why Contractors in Seguin and Central Texas Need Insurance

Central Texas is experiencing significant growth, especially in cities like Seguin, New Braunfels, and San Marcos. With more construction, renovation, and infrastructure projects than ever, the risks for artisan contractors are increasing as well. Whether you’re rewiring a commercial building in San Marcos or installing new plumbing in Buda, having comprehensive insurance coverage ensures you can focus on your work without worrying about the “what ifs.”

Call to Action:

Don’t leave your business exposed to unnecessary risks. Request a Quote today to get tailored insurance solutions for artisan contractors in Seguin, San Marcos, New Braunfels, and across Central Texas.