Your project, our business.
Framing Contractor Insurance
Available in all 50 states!
Bankers Insurance is proud to serve the construction industry. We provide framing contractor insurance packages at industry-leading pricing, packaged with many tools and resources to help you build your business upon a level foundation. We are an independent insurance agency contracted with the major framing contractor insurance companies and provide “no excuse” customer service. Your project is our business. Let us help you succeed.
What makes us different.
- Certificates of Insurance: Fast, accurate, and to all entities requested. Our clients can even issue their own certificates, 24 hours a day, 7 days a week, through our client portal.
- Dedicated insurance agent: Each of our clients is assigned an account manager and provided their email address and a phone number that rings right on their desk. Always talk with someone familiar with your account.
- Claims advocacy: We staff dedicated claims agents to smooth the claims process. We are your advocate with the insurance carrier.
- Multi-Carrier Quotes: Use our buying power to your advantage. Bankers Insurance is contracted with many national and regional framing contractor insurance companies.
- Custom Protection: No two construction businesses are the same. If you also perform unique operations such as roofing, siding, or foundation work, we can ensure thorough protection.
- Quick Response: In addition to each client assigned a dedicated account manager, each account manager has a backup. This ensures fast turn-around when you need it most.
- Experience Modification Reviews and Analysis: We are framing contractor workers’ compensation insurance experts. Many experience modifications contain errors. We can review your claims history, ensure your experience mod is calculated correctly, and help save on workers compensation costs.
- Subcontractors: Ensure your subcontracted exposure is covered. We review subcontract agreements, helping you implement proper risk transfer.
A wide variety of framing operations are acceptable:
- Stick framing, residential and commercial
- Post & beam contractors
- Timber-frame contractors
- Steel erectors
- Foundation and masonry
- General contractors and other trades acceptable under our contractors program
Our framing contractor insurance products:
- General Liability
- Workers Compensation
- Business Auto / Truck
- Umbrella / Excess Liability
- Tools and Equipment
- Property: Buildings & Contents
- Employment Practices Liability
- Group Health, Group Life, Group Disability
- Builder’s Risk
- All Others
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At Bankers Insurance, the client is always in control.
True, Level, and Plumb
At some point in their careers, most framing contractors experience the frustration of having to build upon a poorly constructed foundation. It is difficult to correct for plumb after the groundwork has been set. Similarly, it is best to ensure your framing contractor insurance package delivers the protection you need before a claim arises. Let one of our construction insurance experts provide a risk analysis of your operations. We will highlight gaps, overlaps, and provide suggestions on how to save on your insurance costs.
Bankers Insurance is a Trusted Choice insurance agency.
General liability is a load-bearing wall in any framing contractor insurance package. One cannot do without it. It protects your business against liability associated with bodily injury, property damage, products and completed operations, medical payments, personal or advertising injury, and damage to property rented to you. Coverage includes attorney’s fees, court costs, along with lawsuit settlements or judgements. Standard levels of protection start at $1,000,000 per occurrence and are available up to any amount needed.
- Blanket additional insureds
- Policy limits apply per job and per location
- Broadened contractual liability
- Liability for damage to property in your care
- Waiver of subrogation when desired
- Employees as insureds
- Increased medical liability limits
Protect your employees. Protect your business. Workers compensation provides statutory coverage for health expenses and lost wages for work-related injuries. It also represents one of your business’s largest expenses and, therefore, one of the greatest opportunities for savings. Lower workers compensation costs means more competitive bidding and more won business.
Bankers Insurance specializes in workers compensation for framing contractors. We’ve stuffed our toolbox full with workers compensation companies that specialize in construction, and we know each’s strengths. Let us review your current framing contractor insurance and advise where savings are available.
- Experience modification reviews: Ensure your experience modification is accurate.
- Drug testing policy: We can help establish an employee drug testing policy which, in most states, means by law the insurance company must provide an immediate 5% discount on your insurance.
- Employee safety manuals: Our clients access an entire online library of business tools and resources, including employee safety manuals (in English and Spanish) updated to meet current standards and address today’s issues.
- Subcontractors and Workers Compensation: Coverage for your employees and subcontractors. We can review subcontract agreements to ensure proper risk transfer measures are in place.
- Return to work programs: Reduce the impact a claim has on your insurance premiums by 70% simply by instituting a proper return to work program.
Business Auto / Truck
Vehicle-related liability represents a significant portion of the risk covered by framing contractor insurance. Exposure to your business follows your employees when driving autos in support of a project. Ensure you have protection no matter whether the accident be a simple fender-bender in the hardware store parking lot or a more serious collision. $1,000,000 levels of coverage are standard with higher limits available up to any threshold necessary.
- Standard protections include auto liability, comprehensive, collision, uninsured motorists, underinsured motorists, and medical payments.
- Blanket Additional Insured when required by contract
- Non-Owned Liability: Protection for liability resulting from vehicles you do not own, such as those of your employees. If your workers use their vehicles to haul supplies, run business errands, or simply move between worksites, this is a vital coverage.
- Hired Liability: Protection for liability associated with vehicles you rent, such as a dumptruck for a specific job.
- Hired Physical Damage: This protection covers damage to the rented vehicles themselves, should your employees damage them.
- Lease/Loan Gap Protection: Often a new vehicle depreciates faster than the loan is paid off. This protection provides coverage for the difference between the vehicle’s value and its loan value.
- Towing and Labor
Other Framing Contractor Insurance Coverages
Many other protections can be included a framing contractor insurance policy.
- Umbrella / Excess Liability: Can go over general liability, business auto, workers compensation, and even professional liability.
- Buildings, warehouses, storage sheds
- Business Income, with Extra Expense. Reference our business income calculator.
- Inland Marine
- Construction Equipment: cherry pickers, backhoes, loaders, skid steers, cranes, and any other equipment not licensed for road use.
- Property in transit
- Property away from premises
- Tools and Miscellaneous Equipment
- Employee-owned tools
- Installation Floaters
- Property at temporary storage
- Builder’s Risk
- Employment Practices Liability (EPLI): Wrongful dismissal, refusal to hire, discrimination, harassment, or failure to protect from the same.
- Employee Benefits Liability
- Directors and Officers
- Herbicide and pesticide applicator’s coverage
- All Group Benefits: Health, Life, Disability, Vision, and Dental
- Cyber Liability / Data Breach
Bankers doesn’t only provide framing contractor insurance, but an entire suite of value-added business tools and resources to help your business run smoothly and gain a competitive advantage. Additionally, many of our insurance companies provide onsite safety consultations and analysis.
- Complete employee safety manuals, tailorable to your business
- Best practices assessments
- Safety materials for toolbox talks
- Contractual liability consultations
- Driver screening
- Driver hiring checklists
- Job site safety consultations
- OSHA 10 and 30 hour training
- OSHA publications
The following risk profile for carpentry is applicable to framing contractor insurance and is provided with permission, ©The Rough Notes Company, Inc.
Description of operations: Carpenters may perform interior work only, exterior work only, or both. Exterior carpentry includes framing work, such as structural support for a new building or structure. Interior carpenters perform remodeling, repair, finishing or refinishing. Interior carpentry consists of either rough or finish work. Rough work includes framing windows and doors, laying floor joists and subfloors, or stairways. Finish work involves hanging doors, installing baseboards and molding around doors and windows, and making or installing cabinets, shelving or other built-ins.
Property exposures at the carpenter’s own location are usually limited to an office and storage of materials, equipment, and vehicles. If the carpenter does shop woodworking, fire can result from the flammability of wood, paints, varnishes, and wood dust. There should be adequate ventilation and a dust collection system. Flammable varnishes and glues should be properly labeled, separated, and stored away from combustibles. Some carpenters store lumber in their yards, increasing the potential for fire loss. Three-sided storage structures are highly susceptible to wind damage.
Crime exposures are from employee dishonesty. Background checks, including criminal history, should be performed on all employees providing services to customers or handling money. All ordering, billing and disbursement should be handled as separate duties with reconciliations occurring regularly.
Inland marine exposures include accounts receivable if the carpenter offers credit to customers, contractors’ equipment for owned or rented tools and equipment, goods in transit, installation floater, and valuable papers and records for customers’ and suppliers’ information. Equipment at a jobsite can be damaged by drops from heights, weather damage, or being struck by vehicles. Equipment and supplies left at jobsites are subject to theft and vandalism. Lumber or woodwork can be damaged during transport from shifting, improper loading or inadequate tie down. Oversized loads can be damaged by collision with stationary structures or other vehicles.
Premises liability exposures at the carpenter’s shop or office are generally limited due to lack of public access. Fires or fumes from woodworking and/or lumber storage operations can spread to neighboring businesses or homes. Outdoor storage may create vandalism and attractive nuisance hazards. Off-site exposures are extensive. Jobsite operations include the potential for bodily injury to the public or employees of other contractors, or damage to their property or completed work. Tools, power cords, building materials and scrap all pose trip hazards even when not in use. The use of saws and other power or hand tools is inherently hazardous due to sharp edges and moving parts. In enclosed buildings, the buildup of dust and scraps can result in catastrophic fire and explosion. Disposal of waste materials (dust, scrap, varnishes or paints) could create environmental hazards. There may be significant subcontractor and contractual liability exposures.
Completed operations liability exposures are high if the carpenter provides the structural framework of a building due to the potential for collapse. Quality control and full compliance with all construction, material, and design specifications are necessary. Inadequate monitoring of work orders and change orders may be a concern. Poor record-keeping may necessitate payment of otherwise questionable claims. Inspection and written acceptance of the work by the owner or general contractor is critical.
Automobile exposures are limited unless lumber and pre-made items are transported by the carpenter. MVRs must be run on a regular basis. Random drug and alcohol testing should be conducted. Vehicles must be well maintained with records kept in a central location. Hazards of transport include failure to secure the load properly and equipment failure, especially tie-downs and hitches. If oversized items are transported, vehicles must be clearly marked.
Workers compensation exposures vary based on the size and nature of the job. Work with hand tools and sharp objects such as saws, chisels and nails can result in cuts, piercings, and accidental amputation. Back injuries, hernias, strains, and sprains can result from lifting. Minor injuries may be frequent even when the severity exposure is controlled. When work is done on ladders and scaffolds, there is a potential for severe injury or death from falling, being struck by falling objects, or adverse weather conditions. The absence of good maintenance of scaffolds, proper use of basic safety equipment, such as properly installed guards, steel-toed shoes, and eye protection, and strict enforcement of safety practices may indicate a morale hazard. Employees must be carefully selected, trained and supervised. Occupational disease exposures can result from exposure to noise, dust, and chemicals, such as from pressure-treated lumber.
Minimum recommended coverage:
Business Personal Property, Employee Dishonesty, Contractors’ Equipment and Tools, General Liability, Employee Benefits Liability, Umbrella Liability, Automobile Liability and Physical Damage, Hired and Nonownership Auto, Workers Compensation
Other coverages to consider:
Building, Business Income with Extra Expense, Earthquake, Flood, Leasehold Interest, Real Property Legal Liability, Accounts Receivable, Builders Risk, Computers, Goods in Transit, Installation Floater, Valuable Papers and Records, Cyberliability, Employment-related Practices, Stop Gap Liability
Why Bankers Insurance?
Anyone can be an order-taker. Bankers Insurance is different.
We offer choices and expertise. We don’t expect clients to be framing contractor insurance experts. Take advantage of our experience. We can explain your options and help you determine the right coverages.
As your insurance agent, we strive to know you. Only then can suggest the coverage that suits your specific business. We look for coverage gaps to help ensure complete protection. With us, you get the benefit of:
Each one of our clients is assigned a specific insurance agent in our office. You will have the phone number that rings on their desk. And each agent has a backup in case they are out for any reason. Though any one of our agents can help, nothing beats speaking with the person familiar with your account.
Bankers Insurance is local. Our agents live in the local community. No one enjoys talking to an 800 number or exchanging email when in urgent need of service or if a claim has arisen.
Fast, Courteous Service
We serve our clients with dignity and provide “no excuse” customer service.
Want to pay for your framing contractor insurance directly to the company? Monthly? By credit card? Through escrow? We can find a billing option that suits you.
Product and service are important, but with Bankers Insurance you also get low pricing. Our insurance companies compete for your business, resulting in low prices for you.
Quality Insurance Products
We represent top rated insurance carriers, verified by AM Best. Our framing contractor insurance products are designed to meet a variety of needs. We tailor insurance coverages to you.