Every construction project has its risks. Commercial builders insurance helps cover costs when a worker gets hurt in an accident, or a thief makes off with valuable equipment. Some policies may be required to comply with state laws or client contracts.
These policies cover common risks in the commercial construction industry.
A general liability policy covers basic third-party risks, such as a property owner who sues over accidental damage to a fence. Bundle it with commercial property insurance for savings in a business owner’s policy.
A business owner's policy, or BOP, bundles general liability coverage and commercial property insurance at a discount. It protects against common lawsuits and property damage.
Most states require workers’ comp for commercial building companies that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
This type of coverage pays for financial losses in an accident involving your construction business’s truck or other vehicle. Each state has its own laws for auto liability coverage.
This insurance policy helps pay for replacement if a commercial builder’s tools are stolen from a construction site. It's a form of inland marine insurance.
Professional liability insurance covers legal costs when a commercial builder is sued for a mistake or oversight that causes financial harm. It's also called errors and omissions insurance (E&O).
It’s easy to get business insurance for commercial builders and general contractors if you have your business information on hand. Our insurance application will ask for basic facts about your construction company, such as revenue and number of employees. You can buy policies online and get a certificate of insurance with Insureon in three easy steps:
Insureon's licensed insurance agents work with top-rated U.S. providers to find the most affordable commercial construction insurance for your business, whether you work independently or hire employees.