As your trusted insurance agency, we understand the unique risks faced by general contractors. With our deep knowledge and experience in the construction industry, we guide you towards the right insurance coverage to protect your business, projects, and reputation.
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As a general contractor, you face unique risks and challenges every day. Timelines, change orders, and contract administration can add complexities to your projects. At Torian Insurance, we are dedicated to help you proactively manage risks, reduce loss costs and keep your projects running smoothly.
With our tailored insurance solutions, you can focus on what you do best – building. Our coverage options provide financial protection against potential accidents, damages, and legal liabilities on job sites. We ensure that you are prepared for unforeseen risks and have the necessary coverage in place to safeguard your business and reputation. Residential & commercial general contractors often need:
You can rest easy with Torian. As independent Insurance agents, we work for YOU, not the insurance companies! Our expert staff has your best interest at heart which means providing the best coverage.
Residential or commercial general contractor insurance is a type of insurance that provides protection to general contractors who work on residential or commercial construction projects. The insurance typically covers claims for property damage, third-party injuries, and liability-related claims. As a contractor, you are responsible for ensuring that your work is safe and of high quality. However, accidents can happen on any job site, and contractors need to protect themselves and their businesses from financial losses that may result from such accidents.
Yes, general construction contractors need insurance. This is because construction contractors oversee construction projects, which can involve risks such as accidents, property damage, and injury to workers or third parties. Having proper insurance coverage can protect the contractor from financial liabilities associated with these risks.
The cost of general contractor insurance varies depending on several factors, including the type and scope of coverage desired, the size of the business, and the location of the business. Contact us today to get a contractor insurance quote.
General contractor insurance can be beneficial for contractors who build:
To get a residential or commercial general contractor insurance quote, you will typically need to provide information about your business, including details such as the types of projects you work on and the size of your team. You may also need to include information about your company’s history, financials, and any past claims.
In addition to basic business information, you may also need to provide specific details about the types of coverage you are interested in, such as liability insurance, property insurance, and workers’ compensation insurance.
A Business Owners Policy (BOP) typically covers:
1. Property Insurance: This covers the buildings and content owned by the company. This includes your work equipment, furniture, inventory, etc.
2. Business Interruption Insurance: This covers the loss of income resulting from a disaster that disrupts the operations of business. It may also cover the extra expense of operating out of a temporary location.
3. Liability Protection: This covers your company’s legal liability for harm it may cause others. This harm could either be a result of things your company does or fails to do in conducting its business operations.