Contractors Insurance
Request a QuoteContractors know that winning bids is essential to being a successful builder. But, just as important is protecting yourself from unnecessary risk.
A job site accident could lead to a major financial loss for an uninsured contractor.
Protection for every budget or job
Because every business is different, commercial insurance solutions for contractors can range from a basic policy to a thorough mix of coverages.
Also, the type of contracting business you own, size, number of employees, and type of work all have an impact on the types of protection you may need.
We understand you need to stay focused on work, and not the risks you face every day. That's why we work with multiple carriers to find you the best coverage at the most affordable price.
Insurance keeps working, even after the job is done
Even when the job is finished, there is plenty more work to be done. You may have connected the final fixtures, flipped the switch, and handed over the keys, but the potential liability from your work goes on.
Our insurance keeps protecting you from any accidents or faults that may allegedly result from work you’ve overseen or performed. In the trades, you need a solid contractor insurance policy that keeps working to protect you long after you have moved to the next job site.
What does contractors insurance cover?
The list of coverage areas that need to be addressed in your contractors insurance include:
- Property in transit
- Workers Compensation
- Trucks and other commercial vehicles
- Errors and omissions
If your contractors insurance misses any of this protection, your job and your company could be at serious risk.
Do you need construction insurance?
Any person or business working in construction trades: building construction, heavy construction, or home improvement. We offer coverage for every trade, including:
- Contractors Insurance
- Carpenter Insurance
- Plumber Insurance
- Handyman Insurance
- Electrician Insurance
- Masonry Insurance
- Security Company Insurance
- Home Builder Insurance
- Developer Insurance
- Renovation Insurance
- Welding Insurance
- Artisan Insurance
What about the cost?
Understandably, price is always a concern for contractors. But, with a custom contractors insurance policy, you control what coverage you want to pay for, making it surprisingly affordable.
Frequently Asked Questions - Contractors Insurance
Contractors Insurance is a type of insurance designed to protect contractors and their businesses from various risks and liabilities. It typically includes coverage for general liability, workers' compensation, commercial auto, and property damage.
Contractors Insurance is essential because it protects your business from financial losses due to accidents, property damage, legal claims, and injuries that occur on the job. It ensures you can operate your business with peace of mind and comply with legal requirements.
Contractors Insurance typically includes several types of coverage: General Liability Insurance, Workers' Compensation Insurance, Commercial Auto Insurance, Property Insurance, and Equipment and Tools Coverage. Each type of coverage addresses different risks associated with contracting work.
Yes, Workers' Compensation Insurance is mandatory for most contractors in Colorado. It provides coverage for medical expenses, lost wages, and rehabilitation costs for employees who suffer work-related injuries or illnesses.
The cost of Contractors Insurance varies based on several factors, including the size of your business, the types of services you offer, your location, and your claims history. Contact Colorado Insurance Benefits for a personalized quote based on your specific needs.
Yes, Contractors Insurance can include coverage for your tools and equipment. This coverage protects your valuable assets from theft, damage, and loss, ensuring you can continue your work without interruptions.
To file a claim, contact your insurance provider as soon as possible. Provide all necessary details and documentation related to the incident. Colorado Insurance Benefits will guide you through the process and ensure your claim is handled efficiently.
Contractors Insurance may cover subcontractors, but it depends on your specific policy. It's important to discuss this with your insurance provider to ensure subcontractors are adequately covered under your policy.
If your business expands or undergoes significant changes, it's crucial to update your Contractors Insurance coverage to reflect these changes. Contact Colorado Insurance Benefits to review and adjust your policy to ensure you remain adequately protected.
Colorado Insurance Benefits offers tailored Contractors Insurance policies to meet the unique needs of your business. Our experienced team will work with you to identify potential risks and ensure you have comprehensive coverage. Contact us today for a consultation and personalized quote.
Why we're different
You may think you want the cheapest insurance you can find, but cheap isn't everything.
While most insurance products are similar in price and function, insurance providers vary when it comes to structuring a policy that actually covers you.
There’s no such thing as a one-size-fits-all insurance policy when it comes to your business.
Contact us today, and we'll help you protect what matters most.