EXTERIOR/INTERIOR RENOVATION | ELECTRICIAN | PLUMBER | ROOFING | LANDSCAPING/EXCAVATION | GENERAL CONTRACTOR | CONCRETE/PAVING
Build the Perfect Plan
Course of Construction (Builder’s Risk)
Typical commercial building insurance will not cover a building under construction or substantial renovation. Buildings under construction are subject to more significant risks than an occupied buildings. Construction heaters pose fire hazards, and newly constructed walls without doors or windows risk blowing down in wind storms. A Course of Construction policy, aka Builder’s Risk Insurance, will respond to circumstances like this.
As a general contractor, you are often required to meet very specific contractual and industry standards. In the event that these standards are not met, this coverage could pay the expenses to rewire or replace components, as well as other costs associated to help you make it right.
Wrap Up Liability
Construction sites are complex and busy environments, with multiple contractors working together towards one common goal. This Liability policy is designed to protect the project and all involved, such as subcontractors, owners and consultants. As a general contractor, in the event of a claim that is specific to the project, the wrap-up liability would be the first to respond.
Spills, leaks, and overflows can happen over time or suddenly without expectation. These risks can affect your property, as well as the property of third parties. There are various options available for you to protect your business from the cleanup costs or other damages.
Tools & Equipment
You rely on your tools daily to get your work done. They are the lifeblood of your operations. Unlike typical industries where your most essential business instruments are fixed in one location, yours constantly move with you. With this increased risk, having the right coverage in place is the best tool in your belt.
You may have one work truck, a whole fleet of vehicles, or are simply driving your personal vehicle to and from jobs. If this is the case, you’ll want to keep these assets insured, so you aren’t left without a ride.
Contractors Errors & Omissions
If your operations include a design-build function, then you have a professional risk that your CGL won’t respond. If a project is delayed, a client loses revenue or experiences other financial harm due to a professional error; they may seek financial reciprocation from you. Contractors E&O is designed to respond in these circumstances.
Critical Illness & Disability Insurance
Bought insurance to protect all your tools & equipment? What about your ability to earn an income? If you become sick, injured, or worse, your business and livelihood could be at serious risk. Chat with one of our life & benefits advisors today, and make sure all of your most important assets are protected.