Based in Long Island, NY.
CONTRACTOR INSURANCE
What are the financial risks involved with owning a boat?
A contractor insurance policy is an easy way to cover multiple risks without having to settle for a one-size-fits-all policy that could potentially waste money on coverage you don’t need. There are a variety of options available depending on what type of contracting work your business does. From general contractors to HVAC technicians, plumbers, carpenters, electricians, painters, and the like, contractor insurance may help provide your business with coverage and peace of mind. Here are some coverage options to consider in your contractor policy:
- Builders Risk
- Business Auto
- Commercial Property
- Contractor’s Equipment
- Equipment Breakdown
- General Liability
- Inland Marine
- Workers’ Compensation
The benefits of general liability for contractors.
As part of your contractor insurance policy, general liability insurance may cover you against claims of damage or injury caused on-site or to visitors on your premises. Such costs can be immense, and general liability insurance is often mandatory if you want to bid for government contracts.
Protection for the equipment you use.
You should also make sure that you protect your stock, machinery, and equipment against damage or loss from fire, theft, flooding, and other risks—both on-site and off-site. Just as important, you need to have insurance coverage against loss of income if you are unable to carry out work because your equipment is damaged, breaks down, or is stolen.
Coverage for your employees.
Remember to also get workers’ compensation insurance, which is usually mandatory and helps protect employees against lost income and medical bills resulting from workplace injuries. You might be worried that the costs of a workers’ compensation policy will be high given the inherent risks of construction work, but many insurers may offer discounts if you follow safety programs.
contractor Insurance Quote Request
Get your contractor insurance today.
Do you need contractor insurance to protect your contracting business? Contact us to go over your business needs and coverage options.
Hunter Robert Insurance Agency
510 Hempstead Turnpike STE 212, West Hempstead, New York 11552, United States
Phone: (516) 418-8000 Email: info@hunterrobertagency.com
