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Artisan Contractors

Artisan Contractors are smaller operations that work in a variety of settings. They may be involved on large construction projects under the direction of general contractors, operate in smaller residential projects, specialize in installations or work on renovation or remodeling projects.

Artisan contractors are involved in many types of specialties such as plumbing, electrical work, minor excavation, landscaping, heating, air conditioning, painting, roofing, dry-walling, carpentry, remediation services, asphalt/paving, etc. These operations need a full complement of insurance services, such as general liability, inland marine (to protect their tools/equipment), workers compensation, commercial auto, excess liability and commercial property.

There is no standard definition of an artisan contractor. They are typically defined according to an individual insurance company's underwriting rules. The factors typically considered are:

  • The number of employees
  • Contractor's role in projects (general vs. sub-contractor)
  • The amount of net income
  • Size and number of projects or work sites
  • Type of projects
  • Growth of the particular operation

Construction is a hazardous business under the best circumstances. Artisan exposures are tricky because their small size means less premium dollars, yet many of their loss exposures are the same as much larger construction operations. A new artisan contractor often means an inexperienced contractor and the inexperience usually results in a higher number of losses.

Artisan contractors need knowledgeable insurance professionals to help them identify their protection needs, especially in the areas of handling exposures to the contractor's tools and equipment. Complete information must also be developed concerning losses that may occur on their customer's premises and damage a contractor may cause to property that belong to third parties, but which is in the contractor's possession or control.

If you have any doubt about your coverage or would like to review your current insurance policy(ies) or are interested in additional insurance coverage. Give us a call. Tonry Insurance Group has been serving New England insurance clients since 1926, providing personalized, professional service and competitive product pricing. Our courteous, knowledgeable staff has the experience to assist you with all of your insurance needs.

 

Our Customers Say

Jacquelynne Maloney at the Tonry agency has helped us immeasurably navigating the bonding process.  She took the time to get to know us and develop a complete picture of our company, our goals and objectives, our capabilities, our needs and the history of our company.  Her knowledge of the market allowed her early on to recognize what program would work for our company.  Other bonding agencies simply asked for a copy of our financial statement, balance sheet and work on hand.  They appeared to have no interested in whether we were making cupcakes or nuclear missiles.  Jacquelynne took the time to get to know us personally.  To her we were more than just our financial statement.

President

Richardson Electrical Company, Inc.

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