Contractors and construction businesses face job-site injuries, property damage, and equipment loss. The right insurance package helps protect your business, your employees, and your clients.
Contractors and construction businesses face job-site injuries, property damage, and equipment loss. The right insurance package helps protect your business, your employees, and your clients.
General liability is essential for third-party bodily injury and property damage claims. Workers’ compensation is required in most states for employees and covers work-related injuries and illnesses. Commercial auto covers vehicles used for business. Many contractors also need tools and equipment (inland marine) coverage and builder’s risk for structures under construction.
General contractors, subcontractors, and trade specialists (electricians, plumbers, HVAC, etc.) typically need these coverages. Clients and general contractors often require proof of insurance before awarding work.
One serious claim can threaten your business and assets. Adequate insurance helps you meet contract requirements, protect your workforce, and respond to accidents and property damage without financial ruin.
Yes. Subcontractors should carry their own general liability and workers’ comp. Relying on a general contractor’s policy can leave gaps and may not satisfy contract or legal requirements.
Builder’s risk (course of construction) covers buildings and materials during construction against fire, theft, vandalism, and certain weather events. It is often required by lenders or project owners.
Need help finding the right commercial insurance coverage for your business? Request a quote and speak with True Shield Risk about your options.