How to Protect Your Construction Business With the Right Insurance

Having the right construction insurance is essential for safeguarding your company, employees, and assets. Here are some key types of coverage every construction business in California should consider:

General Liability Insurance

This foundational coverage helps protect your business from third-party claims of bodily injury, property damage, or personal injury that may occur on the job site. It’s often required for licensing and contracts in California.

Workers’ Compensation Insurance

California law requires most employers to carry workers’ compensation insurance. This coverage provides benefits to employees who are injured or become ill due to work-related activities, helping you comply with state regulations and support your team.

Commercial Auto Insurance

If your business owns or operates vehicles, commercial auto insurance is likely required by law. It can help cover accidents, property damage, and liability involving those vehicles.

Contractor’s Equipment Coverage

Construction relies on specialized tools and machinery. This coverage helps financially protect your valuable equipment from risks like theft, vandalism, or accidental damage, whether on-site or in transit.

Builders Risk Insurance

This policy covers buildings and materials during construction or renovation. It can help cover losses from fire, weather events, theft, and other hazards while a project is underway.

Why Tailored Insurance Matters

Every construction business is different. Factors like your trade, project size, and number of employees can affect your insurance needs. Your insurance broker can work with you to assess the unique risks of your business and recommend coverage that fits your operations and budget. Contact us today to get started.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.