In the construction industry, there are many different types of insurance products designed to protect projects, builders, employees, and owners from risk. From builders risk and general liability to OCIPs and commercial auto, navigating the various types of available policies (and knowing which are required) can be a daunting task.
To start, read our complete guide to construction insurance below before diving into our reviews of specific insurance products.
A contractor’s general liability insurance premium is calculated by underwriters using several core risk variables: trade classification, geographic location, the volume of subcontracted work, and…
This guide is for contractors, trades, and construction business owners who need to know exactly what their policy protects, what it excludes, and how to…
This guide is for for small contractors needing to know their state’s minimum licensing requirements to legally operate, as well as growing trades and general…
How a construction business buys insurance directly impacts its bottom line and its ability to pull permits or step onto a job site. The wrong…
Commercial property insurance is coverage that protects a business’s physical assets. This includes real property, such as commercial buildings and structures, as well as business…
Contractor general liability insurance primarily covers physical accidents, such as third-party bodily injury and property damage, that happen during active operations on the jobsite. It…
Anyone in the trades knows how important it is to have the right tools for the job. Unfortunately, construction tools and equipment are prone to…
The top insurers for handymen offer tailored general liability, commercial auto, and equipment coverage to protect your assets from expensive on-the-job accidents. In certain states,…
For most property owners, a major renovation or new build is a calculated financial investment. While you likely budget for materials, labor, and permits, it…
Inland marine insurance is a specialized commercial property policy that covers business assets, materials, and mobile equipment while they are in transit over land, stored…
Electrical work can be a fairly risky business, with a higher potential for injuries and property damage than many other professions experience. As a result,…
Despite every business’s best efforts, mistakes are inevitable. These mistakes can often lead to difficult situations with clients or customers who have experienced financial losses…
Understanding Owner Controlled Insurance Programs Owner controlled insurance programs are complex insurance products that can offer great opportunities for cost savings, superior risk management, and…
A surety bond is a three-party financial agreement where an insurance company or financial backer guarantees that a business will fulfill its obligations—such as completing…
Workers’ compensation insurance (also known as workers’ comp or, sometimes, workman’s comp insurance) is a type of insurance coverage designed to provide financial protection for…