Who needs construction insurance?
As a construction professional, you face serious risks every day. A lot can go wrong at a job site even with safety precautions and protections in place.
At Hiscox, we understand the dangers inherent to your profession. We have worked with local general contractors and national construction companies to lower the total cost of risks and resolve catastrophic construction claims. Our talented team of industry underwriters specialize in the complex risks of construction, allowing them to keep your team safe and your business secure.
All businesses that work with building construction, heavy construction contractors, and specialty trade contractors can benefit from carrying construction insurance.
Example professions we insure
General Liability Insurance for construction professionals
It is very important for construction businesses to have general liability insurance, which is sometimes referred to as Commercial General Liability Insurance or CGL. This type of insurance may protect your construction business from a person’s or business’s claims of bodily injury, personal injury, and/or property damage.
Learn more about how much general liability insurance costs.
Having general liability coverage for your construction contracting business is beneficial in many instances. Here are a few hypothetical examples to demonstrate what we mean:
An elderly client trips over your worker's ladder at a job site. This causes the client to suffer from a spinal fracture and a concussion. Pending investigation, your construction company could be liable for the client’s medical costs. A Hiscox general liability insurance policy could cover those costs and protect your business.
With the skyrocketing costs of medical care these days, bodily injury claims can be extremely costly and put your business at serious risk. Get a general liability insurance quote for your construction business by calling us at 866-283-7545 or submitting your information online.
Your company is hired to install windows and doors in a client’s home as part of a renovation project. One of your installation professionals drops a door while carrying it, causing severe damage to a large section of antique flooring tiles. When you choose Hiscox, general liability insurance could cover the cost to repair the flooring tiles, door, and other related damage. Once again, your business may be protected.
Did you know that general liability insurance coverage from Hiscox is often as low as $29.17 per month? Our insurance products can be bought online or over the phone by calling one of our licensed agents.
An employee who works for your construction company makes false and derogatory comments to another contractor about your client. This client overhears the comments and sues your company for slander. A Hiscox construction insurance policy may protect you from third-party claims and may even pay for an attorney to defend you, if necessary.
It’s never been easier to get a fast, free, and no-obligation quote, from Hiscox, for your construction business. Don’t wait for one of these situations to happen to you!
You can learn more about general liability insurance, here, including why you need it, coverage details, and cost examples. Being informed about your options and the specific risks that insurance can protect your construction business from is the first step to long-term success in this challenging and competitive industry.
Why do construction professionals choose Hiscox?
Hiscox has extensive experience with the construction industry, and we are passionate about keeping workers safe and businesses profitable. It is in your best interest to protect your construction contracting business from worksite accidents.
Need more proof? Here are some other reasons why construction professionals choose Hiscox to keep their businesses safe and protected.
- Flexible payment options: We offer you the option of making monthly payments (with no additional fees) to help you manage your cash flow.
- Tailored insurance: We specialize in businesses like yours and tailor coverage to the risks in your field.
- Claims responsiveness: When a covered claim is reported, Hiscox will immediately assign a dedicated claims representative to assist you.
- Coverage for contracts: Our architects insurance coverage satisfies most standard contract insurance requirements.
- Worldwide coverage: A business insured through Hiscox is covered for work done anywhere in the world, as long as the claim is filed in the U.S., a U.S. Territory or Canada.
- Passion for service: Agents knowledgeable about your business concerns will provide you with excellent service—4.7/5 people surveyed recommended us.
Get a fast, free quote now and get that Hiscox confidence behind your construction business. If you prefer, you can call us at 1-866-283-7545 and speak with a Hiscox licensed agent, Monday – Friday, 7am – 10pm ET.
This information is provided to assist you in understanding the coverage we offer and does not modify the terms and conditions of any insurance policy, nor does it imply that any claim is covered. Coverages are subject to underwriting and may not be available in all states.