Contractors & Construction Insurance
Contractors get the job done—but take on a lot of risk while doing it. Due to the many risk factors contractors routinely face in their work, good insurance policies become essential to any successful contractor's operation.
What a Contractors Insurance Package Covers
Contractor's insurance covers problems typically associated with the risks of construction and renovation projects, including risks to your employees, your work site, and anyone or any equipment involved. Most of these policies are a combination of other policies, often including:
Lighthouse Commercial Insurance: A team you can trust.
With over 60 years combined experience in writing Contractors and Construction insurance in the Tri-State Area we have the expertise and resources to protect your business.
Contractors Equipment Insurance
Getting a job done takes more than human expertise and a keen eye for detail—you need to have the right tools for the job, or it’s probably not going to be finished. However, if something goes wrong and your equipment is damaged or destroyed, you stand to lose a lot of money. This is particularly true if your company operates any larger pieces of equipment (bulldozers, etc.), which are sometimes omitted from normal coverage.
Lighthouse Commercial Insurance, Inc.’s goal is to mitigate your risks as much as possible, and the more we know about your equipment, the better the policy we can offer. On request, we can let you know about how certain pieces of equipment are classified, the associated level of risk, and what kind of reimbursements you can expect if something goes wrong.
Contractor Vehicle Insurance
If you’re one of the growing number of contractors who use vehicles during a job—not just to get to and from a worksite—then you may need an additional commercial vehicle policy that covers the vehicle(s) you use.
If you don’t use your vehicle for commercial purposes, you may be able to lower your monthly premiums by having this coverage removed from your policy. The choice is ultimately yours, but if you’re having trouble deciding, our agents can help you figure out whether or not your use of a given vehicle qualifies as a commercial purpose.