Contractors Insurance

What type of contractors can we insure? Here are a few examples: 

    Landscapers
    Drywall Installation
    Painters
    Restoration Companies
    Plumbers
    Electricians
    Heating & Cooling 
    Residential & Commercial Builders
    Concrete Contractors

Contractor Insurance Programs and Information:

General Liability


General Liability - Key coverages include:

    • Blanket additional insured coverage for ongoing operations on a primary and non-contributory basis
    • Electronic Data Liability coverage

• Contractual Liability for contracts in which you become involved including assumption of sole negligence
• Coverage for General Liability claims arising from your work and from work performed by your subcontractors
• Blanket Additional insured for Completed Operations when required by a written agreement
• Worksite Damages (jobsite pollution)
• Limited property damage for real and personal property in your care, custody, or control
• Herbicide & pesticide Applicator Coverage

Unfortunately for every business owner, the chances of getting sued have dramatically increased in the last decade. General Liability insurance can prevent a legal suit from turning into a financial disaster by providing financial protection in case your business is ever sued or held legally responsible for some injury or damage.

Business Automobile


Blanket additional insured coverage on a primary & non-contributory basis
• Blanket waiver of subrogation
• Towing and labor for private passenger vehicle/trucks up to 20,000 lbs, when auto physical damage is purchase for that vehicle
• Liability, collision and comprehensive, medical payments and coverage for uninsured motorists

Whether you need to buy a business auto insurance policy will depend on the kind of driving you do. A good insurance agent will ask you many details about how you use vehicles in your business, who will be driving them and whether employees, if you have them, are likely to be driving their own cars for your business.

Property


Business Interruption, including extra expense
•Coverage can include sub-limits for computers & media, employee dishonesty, installation property, personal effects of others, pollution clean-up, accounts receivables, property in transit, and property off premises

Inland Marine

•Contractors Equipement
•Builders Risk
•Installation Floater
•Tools

Commercial Umbrella

•Protection above the general liability and business auto policies

Workers Compensation


Protects employees who are injured on the job

Workers Compensation Insurance is designed to help companies pay these benefits. As a protection for employees, most states require that employers carry some form of Workers Compensation Insurance. Workers Compensation Insurance is not health insurance. Workers Compensation is designed specifically for injuries sustained on the job.

In most states, if you have employees, you are required to carry Workers Compensation coverage. Even in non-mandatory states, it can be a very good idea, particularly if you have many employees, or if they are engaged in hazardous activities.

Do I need workers compensation insurance?

Employers have a legal responsibility to their employees to make the workplace safe. However, accidents happen even when every reasonable safety measure has been taken.

To protect employers from lawsuits resulting from workplace accidents and to provide medical care and compensation for lost income to employees hurt in workplace accidents, in almost every state, businesses are required to buy workers compensation insurance. Workers compensation insurance covers workers injured on the job, whether they're hurt on the workplace premises or elsewhere, or in auto accidents while on business. It also covers work-related illnesses.

Workers compensation provides payments to injured workers, without regard to who was at fault in the accident, for time lost from work and for medical and rehabilitation services. It also provides death benefits to surviving spouses and dependents.

Each state has different laws governing the amount and duration of lost income benefits, the provision of medical and rehabilitation services and how the system is administered. For example, in most states there are regulations that cover whether the worker or employer can choose the doctor who treats the injuries and how disputes about benefits are resolved.

Workers compensation insurance must be bought as a separate policy. Although in-home business and business owners policies (BOPs) are sold as package policies, they don't include coverage for workers' injuries.

Thank you for your interest in Carolina Underwriters Insurance if you are ready to begin your contractors insurance quote click here. If you have questions and would like to speak to one of our insurance professionals please call us at 704-849-8080 or 800-418-9092 or via email.