Screen Business Insurance
Getting insurance for your screen business is essential.
This is because screen businesses need to protect themselves against a variety of different risks, such as those that relate to property damage, negligence, and employee injuries.
For example, an employee could accidentally get injured while installing a screen in a customer’s home or could damage a client’s property during a visit.
We’ll help you find the most personalized and affordable coverage for your unique business.
Recommended: Next Insurance is dedicated to matching small businesses with the right policy at the best price.
Best Insurance for a Screen Business
General liability insurance is — generally speaking — one of the most important insurance policies for screen businesses.
Some of the risks general liability insurance covers are:
- Bodily injury
- Property damage
- Medical payments
- Legal defense and judgment
- Personal and advertising injury
Having said that, your screen business may benefit from purchasing additional insurance coverage.
This is because a general liability policy may not holistically cover your business from all potential risks, such as those that relate to:
- Negligent acts committed by an employee: Covered with an errors and omissions policy.
- Damage or theft of your own commercial equipment: Covered via a commercial property insurance policy.
- Vehicle damage as a result of an accident: Covered via a commercial auto policy.
You will also need to find the right insurer for your small business. As of 2023, there are two options to choose from:
- Online insurers: Popular examples include Tivly and Next Insurance.
- Traditional brick-and-mortar insurers: Popular examples include Nationwide and CNA.
Find the Right Policy at the Best Rate
We’ve reviewed and tested the major business insurance providers. Let us help you find the best match for your business.
Cost of General Liability Insurance
On average, screen businesses in America spend between $400 - $700 per year for $1 million in general liability coverage.
Compare the average cost of general liability insurance for a screen business to other professional industries using the graph below:
Several factors will determine the price of your policy. These include your:
- Number of employees
- Per-occurrence limit
- General aggregate limit
You may be able to acquire general liability insurance at a discounted rate by purchasing it as part of a business owner’s policy (BOP) rather than as a standalone policy.
A BOP is a more comprehensive solution that includes multiple forms of coverage, such as business interruption and property insurance.
Start an Online Quote for Insurance
Finding the most affordable premium starts with getting accurate quotes from highly rated providers.
Common Situations That General Liability Insurance May Cover for a Screen Business
Example 1: You are installing screens on the windows of a client’s home when you drop tools on the hood of the client’s luxury sedan, making a hole. Your general liability insurance policy will cover damage to customer property. You can file a claim and get help repairing the damage.
Example 2: A competing screen business has filed a lawsuit against your company. They claim that you libeled them. Your general liability insurance policy covers legal fees for defending against libel accusations. It will pay for your attorney.
Example 3: One of your employees is unloading screens from the truck when he knocks over the client and she breaks her arm. She decides to sue your business. Your general liability insurance policy will pay your legal fees, including the cost of hiring an attorney.
Check out our review of the Best Small Business Insurance Companies.
Other Types of Coverage Screen Businesses Need
While general liability is the most important type of insurance to have, there are several other forms of coverage you should be aware of. Below are some other types of insurance all screen businesses should obtain:
Commercial Property Insurance
You have invested a lot of money in the tools, equipment, screens, and other supplies you use to run your business. A commercial property insurance policy can provide the coverage you need to replace your supplies if you lose it in an unexpected event like a fire. You can file a claim and get the help you need with replacements.
Commercial Auto Insurance
The vehicle or vehicles you use for your screen business need commercial auto coverage. A policy will pay for vehicle damage repair after an accident, as well as for medical treatment for injuries sustained in the accident. If you are at fault, the policy will pay for repairs for the other vehicle and for medical treatment for the occupants of the vehicle.
Workers’ Compensation Insurance
You likely have employees in your screen business, which means state law requires you to carry workers’ compensation coverage. A workers’ comp policy will pay for medical treatment when employees get injured performing work-related tasks. It will also help pay for their lost wages while they are unable to work during recovery.
Commercial Umbrella Insurance
A commercial umbrella insurance policy will provide extra protection if the limits if you exceed your general liability insurance policy—which can happen if you lose a big lawsuit. The umbrella policy will kick in and start paying when the general liability insurance policy stops paying so you can avoid paying damages out of pocket.
Additional Steps To Protect Your Business
Although it’s easy (and essential) to invest in business insurance, it shouldn’t be your only defense.
Here are several things you can do to better protect your screen business:
- Use legally robust contracts and other business documents. (We offer free templates for some of the most common legal forms.)
- Set up an LLC or corporation to protect your personal assets. (Visit our step-by-step guides to learn how to form an LLC or corporation in your state.)
- Stay up to date with business licensing.
- Maintain your corporate veil.
Business Insurance Is the Best Way to Protect Your Business
If you're starting a new business, then you need business insurance. It's as simple as that. The protection offered by an LLC will protect your personal assets, but your business's assets are still open to liability in the case of a lawsuit or other loss.
Be sure that everything you've built is safe by getting business insurance.
Screen Business Insurance FAQ
Can I buy business insurance online for my screen business?
Yes, absolutely. You will need to first get a quote from an online business insurance provider like Next Insurance. Next allows you to then purchase a policy immediately and your coverage will be active within 48 hours.
What is included in a business owner’s policy?
A typical business owner’s policy includes general liability, business interruption, and commercial property insurance. However, BOPs are often customizable, so your agent may recommend adding professional liability, commercial auto, or other types of coverage to your package depending on your company’s needs.
What is the difference between business insurance and general liability insurance?
"Business insurance" is a generic term used to describe many different types of coverage a business may need. General liability insurance, on the other hand, is a specific type of coverage that business owners need to protect their assets.
Do I need insurance before I start a screen business?
In most cases, yes. This is because business insurance is only effective if it is purchased proactively, and this isn’t something that you will be able to accurately predict before you begin operating.
All in all, this can end up saving you tens of thousands of dollars in the long term.
Will insurance protect my screen business from everything?
Not necessarily. Certain exceptions may be written directly into your screen business insurance policy, and some perils may be entirely uninsurable.
Do I need business insurance if I already have an LLC?
Yes, an LLC is meant to create a legal barrier between your business and your personal assets and credit. If you haven’t formed an LLC yet, use our Form an LLC guide to get started.
An LLC doesn’t protect your business assets from lawsuits and liability– that’s where business insurance comes in. Business insurance helps protect your business from liability and risk.