Massachusetts Contractors Insurance

Are you protected from the Hazards of your trade?

As a Massachusetts contractor, each job you win brings in extra money but it also brings extra risk. The same contractor’s insurance that protected you for a one-man project may not protect you during your new multi-year deal.

Think about this real life example of why you should have contractor’s insurance for your business.

Here is an example of a claim where a contractor was working on a home to install a new HVAC system in the basement. The contractor finished up for the day but left the job site incomplete and informed the home owners not to enter the basement because there was no power and his equipment was everywhere. That evening, the eager homeowner went downstairs with a flashlight to see how the project was progressing. While walking around his flashlight died and he ended up tripping on your toolbox. The customer broke his ankle and injured his back, causing him a permanent back injury and several weeks out of work. The homeowner sued the contractor to cover medical bills and pain and suffering. Fortunately, in this case the contractor had the proper insurance because an Insurance agent took the time to explain the benefits and sense of protection contractors insurance provided.

How many times have you left job sites without things done and advising customers to stay away?

But even on a more modest scale, you run many other risks, such as vandalism, damage, property theft, worker’s compensation claims, and the everyday problems that any contractor can experience, like business disruption and vehicle accidents.

Having the right contractor’s insurance policy may make the difference between you staying in business when accidents occur. Our insurance provides for contractors with purpose-built packages that can include protection for:

Commercial Vehicles Insurance

Workers Compensation Insurance

General Business Liability Insurance, Contractual Liability Insurance and Excess Liability Insurance

Business Owners Policies Insurance (BOP’s) and Packages are available

Indemnification for Damage On-Site or on Neighboring Sites

Property Coverage Insurance

Materials in Transit, Shipping and Warehousing

Specific risks associated with your business – for example roofing, demolition, construction, environmental contracting

If your contractor’s insurance misses any aspect of this protection, your job, your livelihood, and your company will be at risk.

Price is always a concern for contractors but with a custom contractor’s insurance policy, you are in control of what types and amounts of coverage that you want to pay for. It can be surprisingly affordable.