Construction Insurance

Every construction business is unique and regardless of the type of construction work you do, it is important to have general liability insurance. This insurance protects you in the event that someone is injured or property is damaged as a result of a wide array of negligence. Coverage is provided regardless of your case outcome.

Whether you have one employee or one hundred, accidents happen and Workers’ Compensation Insurance is essential protection for both you and your employees. This insurance covers you in the event that an employee suffers a workplace injury or illness, protecting you from litigation and paying for an employee’s medical fees or lost wages that result from the incident.

Most businesses in the construction industry have one or more vehicles used for work. Commercial Vehicle Insurance covers vehicles of all types and sizes. It is essential insurance coverage for any business and should cover accident-related incidents as well as collision and non-collision damage.

Any building, such as an office or warehouse, that you use for your business needs to be protected by Commercial Property Insurance. This important protection covers you in the event that something like theft, fire, winds, falling objects, or other incidents lead to physical losses. Things considered to be physical losses include tools, equipment, computers, furniture, and more.

Though every construction project is unique, regardless of things like job size or complexity, you need Builder’s Risk Coverage to minimize your risk of catastrophic loss. This type of insurance protects buildings, materials, tools, and equipment on a job site so that, in the event of something like theft or damage, you do not suffer unanticipated losses prior to project completion.

It is a common occurrence for goods, materials, tools, and equipment to be transported from facilities to job sites. Inland Marine insurance protects those goods during transit or in the process of being transported. This prevents you from a loss related to something like an accident or theft. You can also tailor insurance to your needs so whether you want to insure items for Actual Cash Value, Replacement Cost, or both, you can rest assured that you have the coverage needed to prevent a total loss.

Due to the nature of the work done in the construction industry, it is common to worry about a devastating loss that exceeds your primary insurance policy maximums. Umbrella Insurance can provide you strategic protection and peace of mind that if your claim exceeds your primary insurance policy maximum, your umbrella insurance will cover the remaining debt so that you don’t have to pay out-of-pocket.

All construction industry businesses need Professional Insurance coverage to ensure you are protected in the event that you are accused of negligence. This insurance pays for damages awarded in a civil lawsuit. Additionally, if a civil lawsuit is deemed groundless, this coverage may also pay for your defense fees.

Virtually every business in the construction industry uses chemicals or other substances that are considered environmentally hazardous. Pollution insurance protects you in the event that an accident, spill, or leak occurs that results in pollution or third-party injury or death. It provides protection against liability, paying for any related medical fees or other damages. If necessary, it also pays for brownfield restoration and cleanup.

Databases are a commonplace object in today’s workplace as many businesses now keep phone numbers, emails, and addresses online. This data while protected by some measures could still be breached. This insurance protects against potential breaches of cyberspace such as data destruction, extortion, theft, hacking and denial of service attacks.

Taking care of your employees can be one of the most important steps a business can take for success. Employers Liability Insurance protects your employees if they are affected by an illness or job-related injury not covered by workers compensation. It is often bundled with your workers compensation insurance in order to provide the best coverage.