What Kind of Insurance Do I Need for a Restoration Business?
- Nate Jones, CPCU, ARM, CLCS, AU
- 5 days ago
- 2 min read
Updated: 4 days ago
Running a restoration business—whether focused on water damage, fire damage, or mold remediation—involves working in high-risk environments. From hazardous job sites to expensive equipment and liability concerns, having the right insurance coverage is essential to protect your business and ensure long-term success.
In this guide, we’ll break down the types of restoration business insurance you need, why each is important, and how Wexford Insurance can help you find coverage tailored to your operations.
Why Insurance Is Crucial for Restoration Contractors
Restoration professionals often work in unpredictable environments—damaged buildings, wet surfaces, mold-infested areas, and fire-damaged structures. Without proper insurance, one accident or claim could jeopardize your entire business.
Having comprehensive coverage not only protects your assets but also builds trust with clients, especially when working with property managers and insurance adjusters.
Essential Insurance Coverage for Restoration Businesses
Protects your business from third-party claims involving:
Property damage (e.g., damaging a client’s home during restoration)
Bodily injury (e.g., a client slipping on a wet floor)
Legal fees and settlements
📌Learn more about liability coverage from ARMR.net
Required if you have employees. Covers:
Medical expenses for work-related injuries
Lost wages
Rehabilitation costs
If you use vehicles to transport equipment or crews to job sites, this coverage protects against:
Accidents involving business vehicles
Vehicle damage and theft
Liability for injuries or property damage
Restoration businesses rely on expensive tools like dehumidifiers, air movers, moisture meters, and extraction units. Equipment insurance covers:
Theft
Accidental damage
Breakdown or loss during transport
If you operate out of a physical location—such as a warehouse, office, or storage facility—this coverage protects your building and contents from:
Fire
Theft
Vandalism
Natural disasters
Industry Resources for Restoration Contractors
To stay compliant and competitive, restoration contractors should also explore industry certifications and associations:
Institute of Inspection Cleaning and Restoration Certification (IICRC) – Offers training and certifications for water, fire, and mold restoration.
Restoration Industry Association (RIA) – Provides advocacy, education, and networking for restoration professionals.
How Wexford Insurance Supports Restoration Contractors
At Wexford Insurance, we specialize in helping restoration businesses find insurance programs that match their specific needs. We understand the restoration industry and work with top carriers to offer:
Competitive rates
Industry-specific coverage
Fast, personalized service
Restoration Business Plan Template
Is Owning a Restoration Business Profitable?
How to Start a Restoration Business
Final Thoughts
Insurance isn’t just a box to check—it’s a strategic investment in your restoration business. With the right coverage, you can operate confidently, win more contracts, and protect your team and assets. Let Wexford Insurance help you build a strong foundation with insurance tailored to your restoration services.
