As a contractor, you face many unique needs from your insurance provider. You may do dangerous work. On top of that, there are risks related to the work you do. Innocent mistakes, choosing the wrong materials, or having unintended environmental consequences of your work can cost your business big.
These costs can sometimes be more than you or your business can manage — at least not without the right types of insurance protection to help you weather the storm.
Types of Contractors Insurance
We offer a wide range of insurance products designed to help you get the well-rounded protection you need as a contractor. Because we are an independent insurance agency, we can customize a plan to fit your specific needs at affordable rates by comparing plans, offerings, and costs on your behalf.
We’ll work with you to help you get the right contractors insurance to meet your business needs.
Some products you might consider for your handyman or general contractor insurance include the following.
- Business Auto Insurance
- Business Income Insurance for Off-Premises Operations
- Business Income Protection
- Commercial Property Insurance
- Data Breach Coverage
- Employment Practices Liability Insurance
- Environmental and Contractors Professional Practice
- Errors & Omissions Insurance \ Professional Liability Protection
- General Liability Insurance
- Inland Marine Insurance
- Leased Equipment Coverage
- Umbrella Liability
- Valuable Tools and Equipment Coverage
- Workers Compensation Insurance
Working with an independent insurance agency can help ensure you get the coverage you need without paying for unnecessary coverage for your contractor business. As your business evolves and grows, our insurance agency can help make sure you’re covered for new needs as they arise. We’ll work with you to conduct annual reviews of your coverage to make sure you have “just right” insurance coverage for your business in its current state.
Who Needs Contractors Insurance?
If you’re a contractor, in any capacity, you need the protection that contractors insurance offers. Whether you have a specialized contracting license or are a basic handyman, it is essential that you get the right coverage to meet your needs and protect your interests today and into the future for your business.
At the very least, you need a business appropriate BOP (business owner’s policy). However, most contractors need more than that, including insurance that protects your vehicles, equipment, and the people who work for you. You also need to invest in insurance that protects your good name and the work you do for people in your community.
The right kind of liability insurance policies can make a world of difference for your business as they not only cover damages awarded against you but also help cover the costs of legal fees associated with defending your business against claims filed against you. Sometimes, this includes an umbrella liability policy to help cover more substantial awards or larger expenses.