General 39 People Used
General Contractors Insurance Fifty-three percent of contractors report that professional positions – project supervisors, estimators and engineers – are difficult to fill 1. Timelines, change orders and contract administration add to your concerns. The need for a knowledgeable, specialized insurer is paramount to your success.
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Insurance 32 People Used
Insurance Programs Get your quote TODAY! Call 855-486-9818 to speak to a specialized agent in contractor’s insurance OR fill out our custom instant quote form! It’s not only critical, but also a challenge to quickly find the right coverage at the right price. It doesn’t have to be, because eContractors Insurance has been in the
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Insurance 47 People Used
Under a CCIP, a general contractor controls the insurance program. The sponsor is in charge of securing and paying for coverage, as well as administering the program for all of the enrolled participants. Participants typically include all contractors and subcontractors involved with onsite construction.
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General 57 People Used
General liability insurance for contractors and construction businesses helps protect your business from claims that it caused bodily injuries or damage to someone else’s property. Without general liability insurance, or business liability insurance, business owners would have to pay out of pocket for certain liability claims.
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WrapUp 48 People Used
The sponsor can be the general contractor of the project. 2 - The general contractor sponsored wrap-up is called a Contractor Controlled Insurance Program (CCIP). On rare occasions the owner and contractor jointly sponsor the project. Both want to control it in order to reap the financial benefits but also to retain control of the jobsite.
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General 60 People Used
General Contractor Insurance Programs - Lakewood Associated Agents Insurance General Contractor Insurance Programs Types Of Insurance For Our Contractor Clients General Liability Builders Risks Property Coverages including tools and equipment Bonds-both license/permit and performance Auto, Workers Compensation, and Umbrella
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Insurance 53 People Used
Align’s Commercial Contractors Program is a construction risks insurance facility for both subcontractors and general contractors. The general liability product can be written as primary, excess or umbrella for commercial and residential risks and any derivative thereof. The general contractors Align is targeting tend to be on the small to
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Vendors 50 People Used
The Vendors and Contractors Insurance Program was designed with the strength and flexibility to cover a broad array of organizations and public entities, including: Nonprofit foundations and organizations Risk-sharing pools Joint powers authorities (JPAs) States, counties, cities, and townships Native American tribes Special districts
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Costs 59 People Used
The market for contractor insurance programs is enormous. According to U.S. Census data, the construction industry has 680,000 employers who hire more than seven million people. Their work is responsible for creating $1.3 trillion worth of structures each year. Alternatively, the Associated General Contractors of America (ACG) states even higher employer numbers in …
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Benefits 59 People Used
A contractor-controlled insurance program (CCIP) is a wrap-up policy that provides insurance coverage to all parties enrolled in a construction project and is managed by the General Contractor. For contractors, CCIP insurance leads to cost reductions, greater project control, simplified claims management, and safer project sites.
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Insurance 67 People Used
Contractors Insurance Contractors insurance is coverage that can protect your business from devastating financial debts that can result from work-related accidents. It’s important to protect your livelihood with adequate coverages and limits that match your exposure in case your business is threatened.
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Insurance 31 People Used
Our dedicated Construction team delivers a deeper understanding, attentive approach and carefully tailored solutions that help contractors navigate unique and evolving exposures. We offer end-to-end programs for a wide array of industry-specific coverages, and our specialized Underwriting, Risk Control and highly skilled Claim teams work hard
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The need for a knowledgeable, specialized insurer is paramount to your success. Our Risk Control, Underwriting and Claim professionals, dedicated to your industry, are skilled in helping you better manage complex indemnity, additional insured and contractual exposures. General contractors have unique risks.
Because every business is different, commercial insurance solutions for contractors can range from a standard policy to a more thorough mix of coverages. The type of contracting business you own – such as masonry, landscaping or new construction– as well as its size and location will affect the types of insurance you may need.
Protect equipment that you have rented or leased for your electrical contracting business, such as forklifts and backhoes. When you insure your business with Nationwide, you get loss control tools and resources, including a Loss Control Services team who can review your operations, procedures and programs.
The need for a knowledgeable, specialized insurer is paramount to your success. Our Risk Control, Underwriting and Claim professionals, dedicated to your industry, are skilled in helping you better manage complex indemnity, additional insured and contractual exposures.