Specialty Contracting

General Liability is essential insurance coverage that protects your business in the event that you are held liable for third-party injury or property damage. Small injuries from something like dropping a tool and hurting someone or a job site accident that damages someone’s car parked nearby – the range is large and the coverage pays for expenses associated with the incident including medical fees, and damages. Coverage is provided regardless of your case outcome.

If you have one or more employees that you pay, it is important to have Workers’ Compensation Insurance. This insurance protects your company from litigation in the event of a workplace accident that results in injury or death by covering medical fees and lost wages.

Any vehicle type or size that you use for your business should be insured with Commercial Vehicle Insurance. To prevent a total loss, it is important that you have coverage for both accident-related incidents and also collision and non-collision damages.

Wherever you run your specialty contracting business from, including offices, warehouses, etc., must have Commercial Property Insurance. It is important because it can prevent a total loss from things such as fire, theft, flooding, and wind. This type of insurance covers any physical losses on/in your commercial property such as tools, equipment, furniture, computers, and more.

There is an inherent risk in any construction or contracting project and unfortunately, sometimes accidents happen or mistakes are made. For this reason, it is essential that specialty contractors carry Builders’ Risk Coverage which protects both you and your business from unanticipated losses before a project is finished.

Most specialty contractors will have to order parts, or other goods as well as transport them to the job site. While those goods are in transit or in the process of being transported, Inland Marine insurance protects them to ensure that you don’t have a total loss in the event of things like an accident or theft.

Umbrella Insurance is a supplemental form of insurance that pays for losses after your primary insurance coverage maximum has been reached. If you have debt beyond what something like your commercial auto insurance or general liability insurance covers, Umbrella Insurance will pay to its policy limits to prevent you from having to pay out-of-pocket.

Even the most experienced and knowledgeable specialty contractors make mistakes from time to time. Whether you mishandle a plumbing job, masonry work, or a flooring installation, if you are held liable for your mistakes, Professional Insurance protects both you and your business from civil litigation from accused negligence.  Additionally, Professional Insurance protects you from having to pay potential damages related to a civil lawsuit for which you are found negligent. In the event legal actions are deemed groundless, this insurance may also include defense costs.

Specialty contractors often use various chemicals or products that are considered environmentally hazardous. If an accident or spill occurs that results in environmental damage, injury, or death, Pollution insurance pays for medical expenses and damages. It also pays for brownfield restoration and cleanup if needed.

Most specialty contractors use an online database or software to store client information, invoice clients, etc. which means sensitive information is stored. Cyber Insurance provides coverage if a cyber breach such as hacking, data destruction, extortion, theft, or denial of service attack occurs.

If you have one or more employees, it is important to have Employment Liability Insurance. This coverage protects you and your employees in the event that an employee is injured while on the job and it is not covered by Workers’ Compensation Insurance. This type of coverage may also be bundled with Workers’ Compensation Insurance.