As a general contractor, you have a lot on your plate. From managing projects to managing sub-contractors, you have a lot to keep track of. When it comes to your insurance, we can help take a load off. We'll analyze your situation and determine what is needed to property insure you, your business, and each of your projects. The types of coverage that contractors need varies by specialty and the types of work that is performed, but below are some of the general insurance types that most contractors are required to carry.
Business Owner's Policy
General contractors who work independently or own a small company often qualify for a business owner’s policy (BOP). This policy bundles general liability coverage and commercial property insurance together at a discount.
Surety bonds guarantee reimbursement for the client if a general contractor is unable to fulfill the terms of a contract. Common types of surety bonds include bid bonds, performance bonds, and payment bonds.
Professional Liability (E&O)
Professional liability insurance provides protection when a general contractor is sued for a professional mistake, such as missing a deadline on a construction project.
Tools & Property
Contractor’s tools and equipment insurance protects a general contractor’s saws, nail guns, drills, and other construction equipment.
Commercial auto insurance protects vehicles owned by your contracting business. It covers property damage and medical bills in an accident, along with vehicle theft, weather damage, and vandalism.
Workers’ compensation can help pay for medical bills and lost wages when an employee is injured on the job.
General liability insurance is the foundation of a general contractor’s protection. It covers damage to client property, as well as client injuries and advertising injuries
"I looked at 3 local insurance agencies to get a policy which would fit the needs of a family member. Not only was Nick the first one to get back to me with a few different options, he came in as the best value and fit our needs. Great integrity and customer service!"
- Sol D