What types of business insurance can I get for a construction business?


Top Answer
User Avatar
Wiki User
2010-04-13 18:51:39
2010-04-13 18:51:39

You need to have liability insurance in case you're sued for damages. You also need vehicle insurance for you trucks and business insurance to protect the property of the business. Almost always your insurers will require that the owner be insured so that they can lessen their risks.

User Avatar

Related Questions

Yes, you are required to have liability insurance if you wish to open, and have licensed, a small construction business.

F. N. Eaglestone has written: 'Insurance for the construction industry' -- subject(s): Business Insurance, Construction industry, Contractors, Insurance, Insurance requirements, Insurance, Business, Insurance, Liability, Liability Insurance

In the UK there are several types of insurance that are mandatory when running a business

Some types of ethical issues in the construction business include bribes and short payment. The construction industry is highly competitive and many are tempted with unethical practices.

The major types of insurance in the construction industry areInsurance of the works, Plants &Equipmentagainst lose, damage etc also called contractor's all risk (CAR) insuranceThird party insurance (insurance against third party property damage or lose)Workers compensation insuranceProfessionalindemnityinsuranceRarely some countries like in the middle east have decennial insurance (for period of 10yrs after construction)

form_title=Construction Insurance form_header=Reduce your total cost of risk with a construction insurance policy customized to cover your specific business. What type of insurance are you seeking? (Check all that apply)= [] Construction Liability Insurance [] Workers Comp [] Construction Bonds [] Commercial Auto [] Property Insurance [] Other [] Equipment Primary Trade:=_ Number of Field Employees:=_ Number of Owners Active in Field:=_

The three basic types of insurance that Allstate offers are Auto, Homeowners, and Life insurance. However, the company offers several other various types of insurance including but not limited to: Business insurance, motorcycle insurance, and flood insurance.

AIG has many types of insurance. They offer life insurance, home insurance, health insurance, business insurance, and even travel insurance. Those are the only five they offer.

The types of insurance offered by Cotton States Insurance are as follows, Car insurance, home insurance. It also offers Farm, Ranch, Business, and Life insurance for most individuals.

CEK is a well-known insurance company offering various types of insurance. These include automobile, home owner, business and life and healthy insurance.

AIG offers life insurance, home insurance, health and business insurance. They even offer travel insurance.

form_title=Business Auto Insurance form_header=Business auto insurance covers vehicles used for all types of business purposes. Hit the road today with the right insurance plan for your business. How many autos will be insured?=_ How is this vehicles(s) used in normal business practices?=_

Liability insurance covers third party lawsuits resulting from a contractors operations. This includes parties injured by faulty construction and also property damage resulting from faulty construction. Liability insurance DOES NOT cover the contractors property that is "their work" which needs to be covered by builders risk insurance. Construction insurance policies are complex so make sure you work with a construction insurance broker to get quotes and understand what you are buying. Policies can be written to exclude types of work, certain projects, certain types of claims, and prior work performed.

Construction Contractors typically purchase Commercial General Liability Insurance. Other considerations may be company vehicles, equipments, tools, materials and supplies.

Geico offers numerous types of insurance. It offers auto, homeowners, life insurance, flood, business, and identity theft insurance. It even offers insurance for snowmobiles.

The different types of insurance vary greatly with each individual business' needs. It can range from property, equipment, debris removal, glass, business interruption, and tenant's insurance are just a few examples. Each company will have a need for some or all of these services. There are literally hundreds of different types of business insurance. Each industry has its own insurance requirements,that must be accomodated.

"Business interruption insurance can be purchased by itself, but for optimal coverage, it is usually used to supplement Property insurance or other types of coverage."

Prestige Car Insurance is an insurance company that offers many types of insurance, including car, van, and bike insurance. Home and business insurance are also offered. The company's website provides information about the different types of insurance and provides quotes for those interested.

AAMI offers car insurance, motorcycle insurance, home insurance, life insurance, travel insurance and business insurance. This insurance is primarily available in Australia.

Careington offers Dental insurance, vision insurance, medical insurance and health insurance Plans. Insurance is available for business, individuals and families.

"Business insurance" actually covers a lot of different types of insurance. This page: has comprehensive coverage, including links to companies that sell policies.

There are only a few types of insurance policies offered by the Federal Insurance Company. They would include life and business insurance. There is not much information available other than that.

Wanwanesa have been offering many types of insurance since 1896. They offer automobile, home, business, and farm insurance. They also offer life insurance, annuity products, and group insurance products.

USSA offers many different types of insurance. Some examples of insurance that USAA offers are auto, home and property, and life. USAA also offers umbrella insurance, business insurance, and travel insurance.

Costco offers several types of insurance that businesses only can purchases through them. Business can purchase Health, Dental, and Injury insurance from Costco.

Copyright ยฉ 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.