Best Insurance Companies For General Contractors
Travelers offers specific liability insurance policies for contractors with unique features and benefits compared to general liability policies for larger businesses.
Best insurance companies for general contractors. We recommend nationwide insurance as the top provider of builders risk coverage for contractors not only because of their builders risk offering but because they also have a large offering of policies for all contractor insurance needs. Our approach we looked at 30 of the biggest and most promising small business insurance carriers and spent over 60 hours researching the details of their general liability policies. Below we ve assembled our picks for this year s best general liability insurance companies for small businesses. General contractors insurance fifty three percent of contractors report that professional positions project supervisors estimators and engineers are difficult to fill 1.
We researched the best independent contractor insurance companies based on liability coverage price and more. Also known as errors and omissions e o this type of coverage protects service providers from mistakes they make during the. Although for any specific number you should ask for a quote your average cost for general liability. This is best for companies with a significant online presence.
That includes coverage for working on a client s job site errors and omissions and other coverage for a specific project. Protection on a budget. For contractors the ability to keep all insurance policies with one provider saves significant time energy and money. Breckenridge insurance services understands the construction industry and the challenges and significant risks that developers and contractors often face.
We reviewed dozens of providers to find the top 10 based on key criteria like coverage types customer service and pricing. Insurance companies offer a wide variety of pricing options for businesses individual needs. It covers media related risks such as defamation libel slander emotional distress copyright infringement plagiarism and misleading advertising. The best small business insurance companies offer core policie like general liability plus a broad range of additional coverages that most small business owners need.
Even for companies with the best safety and training records some types of classes are simply hard to find comprehensive competitive coverage tailored to your insureds needs. Nationwide s full suite of quality insurance policies for contractors includes general liability inland marine mobile equipment.
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