Insurance for Construction Companies and Contractors

This policy covers basic risks for construction companies and contractors, such as damage to client property. Bundle it with property insurance for savings in a business owner’s policy.

Most states require workers' comp for construction companies that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.

This policy for construction businesses and contractors can pay for property damage and medical bills in an accident. It can also cover vehicle theft, weather damage, and vandalism.

This policy helps pay for repair or replacement of a construction or contracting professional’s tools and equipment if they are lost, stolen, or damaged.

Professional liability insurance for contractors, also called errors and omissions insurance (E&O), covers legal expenses when a construction error leads to a lawsuit.

A surety bond is an agreement between a contractor, a client, and an insurance company. It guarantees the insurer will reimburse the client if the contractor fails to fulfill the terms of their contract.