Construction management insurance is often required by contracts, lenders, and state laws. Yet insurance requirements aren’t the only reason to buy a policy. With the right coverage, project managers are financially safe from incidents that could devastate a small business: a worker injury, theft of materials, or a lawsuit over a project delay.
A commercial general liability policy protects against basic third-party risks, such as a visitor injury at a construction site. It's often required by commercial leases and client contracts.
A business owner’s policy, or BOP, is a cost-effective way for construction professionals to buy general liability coverage and commercial property insurance together.
Professional liability coverage helps pay for legal fees if a project manager is sued over a mistake or oversight. It's also called errors and omissions (E&O) insurance.
Most states require workers’ comp for businesses of any size in the construction industry. It also protects sole proprietors from work injury costs that health insurance might deny.
This policy helps construction project managers recover from data breaches and cyberattacks. It's strongly recommended for any small business that handles sensitive information.
This policy helps cover the cost of property damage and injuries in an accident involving your business vehicle. Each state has its own requirements for auto liability insurance.
It's easy to get construction project manager insurance and surety bonds if you have your business information on hand. Our application will ask for basic facts about your company, such as revenue and number of employees. You can buy a policy 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 right insurance coverage for your project management business, whether you’re an employer, contractor, or subcontractor.