Construction
Residential, Commercial, Industrial
Decrease your insurance costs without sacrificing coverage by allowing us to shop your insurance. Our specialists will build a comprehensive insurance program that is tailored specifically to your company. The insurance industry is constantly adapting to required changes within the construction community. We find that many contractors are unaware of these changes and they have gaps in their insurance coverage. Below is a list of a few key coverages that could be important to your company.
Coverages Available
Contractors Errors and Omissions – Provides claims-made coverage for damages the insured legally must pay for faulty workmanship, material, design or product because of the insureds negligent acts, errors or omissions from a defect in material or in a product sold or installed by the insured while working as a contractor.
Waiver of Subrogation – This is an addition endorsement that can be added to an insurance policy. This coverage prohibits the insurer from attempting to seek restitution from a third party who causes any kind of loss to the insured. This type of arrangement is allowable under certain circumstances where the insured could be held liable for a claim that is paid.
Third Party Liability – Coverage for allegations if a client is harassed or discriminated against by an employee of your company
Pollution Liability – Many contractors deal with special chemicals, fuels, oils, gases, and other flammable and non-flammable materials. It is important for contractors to get coverage that will cover the pollution liability in case a third party claims bodily injury or property damage.
Blanket Additional Insured – Instead of paying a fee for every additional insured request, the blanket option is a flat premium rate for an unlimited amount of additional insured requests on your policies.
Service
Our staff understands how crucial the turnaround time is for certificates of insurance and bonds. Our customer service representatives ensure that you spend less time waiting around at the village hall and more time on the job. Our license and permit bonds are express issued and are accepted through email by all municipalities. The minimum premium for our license and permit bonds start at $50 (Premium is determined by the size of the bond and the location that it is required). We also have the capabilities to write bid and performance bonds of all sizes and types.
Savings
Our agency works with many of the top competitive insurance carriers within the construction industry for coverage and pricing. All of these carriers are rated “Excellent” and “Superior” by A.M. Best. Due to the selection of insurance companies, our agents are able to shop your insurance and find the most competitive pricing for your specific needs. Contact a specialist today to get started on your path to savings.
