What Kind of Insurance Do I Need for a Flooring Contractor Business?
- Nate Jones, CPCU, ARM, CLCS, AU
- Sep 10
- 2 min read
Starting or growing a flooring contractor business comes with exciting opportunities—but also serious risks. Whether you specialize in hardwood, tile, epoxy, carpet, luxury vinyl plank, granite flooring, or polishing services, having the right insurance coverage is essential to protect your business, your team, and your reputation.
At Wexford Insurance, we specialize in helping flooring contractors secure tailored flooring contractor insurance. We work with contractors across all flooring specialties to ensure they’re covered from day one.
Why Flooring Contractors Need Insurance
Flooring contractors face unique risks every day:
Accidental damage to customer property
Injuries to employees or clients
Vehicle accidents while transporting materials
Theft or damage to tools and equipment
Business interruptions due to fire, vandalism, or lawsuits
Without proper insurance, these incidents can lead to costly legal claims, lost income, and even business closure.
Essential Insurance Coverage for Flooring Contractors
Here are the key types of insurance every flooring contractor should consider:
Protects against third-party claims of bodily injury or property damage. For example, if you damage a client’s wall while installing flooring, this coverage helps pay for repairs and legal defense.
Required in most states if you have employees. It covers medical expenses and lost wages if a worker is injured on the job—such as a cut from a saw or a slip during installation.
Covers vehicles used for business purposes. If your work truck is involved in an accident while delivering materials, this policy helps cover repair costs and liability.
Protects your gear from theft, loss, or damage—whether on the job site or in storage. Flooring contractors rely heavily on specialized tools, and replacing them can be expensive.
Covers your office, warehouse, or showroom. If a fire or theft damages your space or inventory, this policy helps you recover and resume operations.
Insurance costs vary based on:
Location
Business size
Number of employees
Services offered
Claims history
Average annual premiums (based on industry data) include:
General Liability Insurance: ~$1,800/year
Workers’ Compensation: ~$2,800/year
BOP: ~$2,867/year
Final Thoughts
Insurance isn’t just a legal requirement—it’s a smart investment in your flooring contractor business. With the right coverage, you can focus on delivering quality work while knowing your business is protected from unexpected risks.
At Wexford Insurance, we understand the flooring industry and offer insurance programs tailored to your specific needs. Whether you’re just starting out or expanding your services, we’re here to help you build a secure and profitable business.
👉 Contact Wexford Insurance today and protect what matters most.