Insurance for construction contractors

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Insurance for construction contractors

Contractors face a wide range of risks during the execution of each project, the intensity of which varies according to the size and nature of the project. The specific nature of each case calls for tailor-made solutions. A situation that presents some difficulties for the brokers who help their customers to find the right products for construction professionals. And that's where the insurance company comes in, offering adequate protection for special requirements.

 

How to insure your construction?

In addition to liability coverage, construction contractors can also take out other types of coverage. These include contractor's liability for errors and omissions during project completion, protection against penalties for non-performance of contracts, faulty workmanship insurance and commercial general liability insurance. In addition to replacement cost coverage for equipment and materials, off-site portable tools and equipment, installation risks, goods in transit, as well as general contractors and road builders. Specialized brokers have the skills and know-how to assist construction companies to insure different risks by offering products tailored to their needs and expectations.

What does contractor insurance cover?

Insurance for building contractors covers building work, machinery, tools and site protection. By calling on the services of specialist construction companies, contractors can protect themselves against the various losses that can affect their structure and business, giving them an edge over the competition.

construction site insurance

Customized protection for every activity


Companies that carry out general or specialized work, and take on residential, commercial or industrial sites, have particular expectations when it comes to coverage. That's why they need tailor-made insurance adapted to each type of mandate or project. That's where Assur360 comes in, with its many years of experience and expertise in commercial insurance. As an insurance agent, the company offers carefully thought-out solutions that adapt to the expectations and requirements of every entrepreneur, with regular updates throughout the year. Whether for a new project, new risks or new equipment, Assur360 offers a personalized service for every customer. What's more, the company responds quickly and efficiently to any incident, especially since it can be reached in every region of Quebec.

Assur360 offers a wide range of products for every customer. For example, it offers insurance for masonry contractors. The company offers additional coverage to complement its basic insurance for more comprehensive coverage. It also covers painting and wallpapering contractors, offering additional protection over and above liability insurance.
Assur360's offer extends to insurance for specialized contractors, with coverage for property as well as civil liability and personal liability. company vehicles.

construction insurance quote

Assur360's protection covers construction sites and projects of all kinds, including hospitals, factories, highways, warehouses, bridges and tunnels, among other commercial, industrial and infrastructure projects. Guarantees also cover sewer installations, waterworks, mechanical and electrical infrastructures, plumbing, heating and air conditioning work, among others.

This type of insurance covers categories related to commercial building contractors, commercial or industrial plumbing, commercial, residential or industrial heating, cement or concrete work, excavation, roads and sidewalks, commercial or industrial electricity, as well as industrial installations. To stay ahead of the competition, it's essential to entrust your needs to construction specialists.
Why take out protection for construction companies?

The construction sector is subject to numerous incidents and claims that can occur on construction sites, in addition to the other risks associated with this activity. Accidents can happen very quickly on construction sites, due to the presence of machinery, tools, workers and other factors. An incident can quickly turn into a catastrophe, with disastrous consequences. A situation that proves perilous for the company and its business. That's why it's essential to take out adequate insurance so you can work on your projects with complete peace of mind.

Building contractor insurance

Managing risks on the job site

Calling on professional brokers who are fully conversant with this type of business and its particularities can offer the right solutions for each case. They have the knowledge and know-how to advise customers and help them better manage risks on a construction site. They work with top-quality insurers who offer comprehensive protection to policyholders. It's also an opportunity to be perfectly supported by a qualified team for the surety bond.

Here are just a few examples of the work we do:

  • general contractor
  • electrician
  • Sprinkler system installer
  • Signalman
  • Interior system, plasterer, drywaller, insulation
  • Roof except membrane
  • Tinsmith
  • Heating and air conditioning

To find out more about theconstruction insuranceIf you have any questions, please contact a specialized broker. 1-866-350-9763.

What is worksite insurance?

Site insurance, also known as construction insurance, is an insurance policy designed to cover risks related to the construction or renovation of a building. building renovation. It protects against damage or accidents that may occur during construction. This insurance can cover both the owner's civil liability and damage to the work itself. It is often compulsory for building professionals in many countries.

What is wrap-up insurance?

Wrap-up insurance is a type of comprehensive insurance policy designed to cover all participants in a specific construction project, such as owners, contractors and subcontractors, under a single umbrella. This type of insurance is often used for large construction projects, offering a simplified solution that replaces the need for each party to obtain their own individual insurance. It can cover a variety of risks, including civil liability and structural damage.

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