Best Insurance Companies For General Contractors
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.
Best insurance companies for general contractors. This is best for companies with a significant online presence. 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. General contractors insurance fifty three percent of contractors report that professional positions project supervisors estimators and engineers are difficult to fill 1. We reviewed dozens of providers to find the top 10 based on key criteria like coverage types customer service and pricing.
Although for any specific number you should ask for a quote your average cost for general liability. Also known as errors and omissions e o this type of coverage protects service providers from mistakes they make during the. Breckenridge insurance services understands the construction industry and the challenges and significant risks that developers and contractors often face. For contractors the ability to keep all insurance policies with one provider saves significant time energy and money.
Insurance companies offer a wide variety of pricing options for businesses individual needs. This can help you save on costs while getting higher levels of coverage for one time needs. Timelines change orders and contract administration add to your concerns. Travelers offers specific liability insurance policies for contractors with unique features and benefits compared to general liability policies for larger businesses.
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. Top small business insurance companies which insurance carrier is. It covers media related risks such as defamation libel slander emotional distress copyright infringement plagiarism and misleading advertising. Protection on a budget.
Below we ve assembled our picks for this year s best general liability insurance companies for small businesses. 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.
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