SEI recognizes the unique exposures to loss inherent in the interior design industry. Therefore, we are in an excellent position to assist interior decorators and designers to ensure that they have the proper business insurance to cover their exposures to loss. The policies we offer include the following insurance coverages: Property, Commercial General Liability, Employment Practices Liability, Workers’ Compensation, New York State Short Term Disability and a Professional Errors and Omissions Liability policy offered at the most competitive rates available in the insurance marketplace.
Whether your interior design specialty is focused on commercial spaces, residential space, or staging for a real estate sale (or any/all of the above) your clients rely on you for your expert consultative skills and creative expertise. An unhappy customer will not provide referrals and might even destroy your relationship with potential clients. As a design professional, people trust you to be able to do what they can’t accomplish by themselves. They count on you to guide them in their choices so they can turn their vision into a stunning reality.
You need to protect yourself and your business with the right insurance for interior designers. Be assured that we at SEI can deliver the protection you need.
Schaefer Enterprises advises interior design businesses on these important insurance types:
An Installation Floater can be written for a specific project or for a multitude of projects you are working on. It also covers the value of labor and materials for work in progress in the event that they are damaged by a covered peril.
Errors & Omissions
With so many details to attend to in an interior design project, it’s easy to see why “what can go wrong will usually go wrong!” An errors and omission policy protects you when things go amiss and require a little more than just a simple fix. Any one of the scenarios cited above can lead your client to take financial action against you and your company which, in the case of professional liability, isn’t covered by your business owner’s policy.
Even the most careful furniture movers can sometimes have accidents. But a mishap with furniture is not the only event an interior designer has to consider. Damage to fixtures, lighting, equipment, flooring, technology and other items in a home or office can be costly to repair or replace. A furniture damage claim can help protect your interior design business when the unforeseen occurs.
Professional liability coverage is specifically designed to provide protection to interior design professionals for a wide range of exposures indigenous to your business. This can help protect your firm against claims of negligence in the performance of professional services and we can tailor policies to fit your specific business needs in a variety of ways.
Inland Marine insurance is coverage for property in transit over land, certain types of movable property, instrumentalities of transportation such as bridges, roads, piers, instrumentalities of communication such as television, radio, towers and legal liability for property in your care, custody or control while being held for sale or pickup.
A home that’s beautifully staged has a better chance of selling, and selling much quicker than one that is not. However, as an interior designer you are always open to potential lawsuits if the home you are staging or the materials you are using become damaged, lost or stolen. A policy that covers home staging protects you if the property is damaged, or the people involved in assisting you are injured,