Every construction job requires its own combination of contractors and specialists whose individual roles come together to create a finished product that passes inspection. Likewise, BIG Inc. construction insurance is made up of a range of protections that combine to provide peace of mind and cost-effective coverage. We understand that plumbers and electricians face different risks than general contractors, and we offer solutions from several insurance companies that specialize in construction risks.
PROPERTY INSURANCE AND BUILDERS RISK
You may have business property to house equipment and provide office space, or you may operate exclusively out of your work truck. Whatever your situation, we will help you understand the various types of property insurance and floaters that add coverage where you need it. The equipment and tools you use, for example, require additional protection so they are covered wherever you use them, not just at your business location.
We also will advise you on whether you need builders risk insurance to ensure that as each construction job progresses, the structure is covered in alignment with its growing value. This protects you if, for example, a tornado destroys a building that is only half complete.
LIABILITY COVERAGE FOR YOU AND YOUR WORKERS
Liability insurance helps protect your construction business if someone files a lawsuit against you. If you oversee subcontractors, require them to carry liability coverage that also protects the business owner or general contractor from potential liability resulting from negligent acts of the subcontractor. We will work with you to ensure your liability exposures are properly addressed.
INSURE WORK VEHICLES
Commercial vehicle insurance is essential if you use your truck or other vehicle for construction work. Some artisan contractors may believe their personal auto insurance is sufficient, but the limitations of individual car insurance could put both your personal finances and your business at risk. We can help you determine the right coverage for your construction vehicles.
WORKERS’ COMP HELPS COVER RISKS
Workers compensation insurance may be required if you employ even one person in your construction business. Because construction work involves a high level of risk, workers comp helps protect you if someone is injured or becomes ill on the job. In addition, our risk management specialists offer training and services that may benefit your employees and help maintain safer job sites.
SURETY BONDS AND OTHER PAPERWORK
An essential part of your operation is managing the paperwork required to perform the job. You need proper surety bonds and certificates in place so you do not delay a project or put your business at risk. You can count on our experienced staff to produce the documentation you need, when you need it.