Steady downpours, raging rivers, and rising water levels often lead to flooding, and that’s a growing concern for businesses. According to the Red Cross, floods
General Contractors Insurance
Overseeing complex projects with many moving parts? Our general contractors’ insurance policy covers the duration of your project, helping you over the bumps you may meet along the way.
We know that contracting risks come in different forms. Exposures can vary in size and complexity, and they can evolve as the project continues. We’ve built our general contractors’ insurance package with these facts in mind, and it will cater to your work, whether your operation is large or you run a small business.
Insurance coverage suited to your daily work
Our insurance policy for general contractors combines the core coverage you expect with enhanced features that could save your project and your bottom line, like contractor’s equipment floater and loss of income. We have other handy features like Rental Reimbursement, Replacement Cost, and Fungi and Spores coverage.
Our tailored coverage is ideal for building contractors who specialize in:
Commercial, residential, institutional, and industrial
New construction, additions, and renovations
When can our general contractors’ insurance policy come to your rescue?
When a contracting project involves many people, many tasks, and many risks, problems can arise quickly. The key is to have the support you need to react immediately and get things back on track as soon as possible. There are a couple of coverages in your general contractors’ insurance policy that can be particularly helpful in these situations.
Picture this: a contractor spots flames in the excavator engine bay, and although the engine operator attempts to extinguish the fire, the flames engulf and destroy the relatively new machine. Your operations could grind to a halt in this situation if it weren’t for Contractor’s Equipment Floater, an extension that will pay to replace the excavator with a similar model.
We know that your unique set of risks can differ from the risks other construction and contracting companies face. We believe that you can avert some of those exposures with the right information and some smart guidance.
Our value-added services focus on helping you identify and mitigate the risks your business faces each day. From fire and theft to water damage and third party injury, general contracting hazards can come in many forms. In-person consultations and project site assessments carried out by our experienced Risk Services experts can leave you with the knowledge and confidence you need to protect every aspect of the business you’ve worked so hard to build.
Resources for Construction & Contractors
When things go wrong at work, you could face two types of consequences: immediate challenges and long-term repercussions. Unfortunately, business interruption risks – those factors
Throughout the coronavirus pandemic, the construction industry has had to pivot on a dime, dealing with everything from labour and supply shortages to an increased