As one of the leading construction insurance experts, Benchmark provides creative solutions for the risks you face everyday. By providing specialized insurance coverage with customized analysis and risk management services, reduce your total cost of risk. Our highly trained staff has years of experience to the functional, procedural and legitimate aspects of construction.
As an independent insurance agency, Benchmark has the expertise to recommend the best coverage and premium for each client from the many companies which provide protection.
Types of Contractors Insurance
General Liability Insurance – This liability insurance will protect you from most claims that would arise from the day to day activities. This includes the activity of running a business and the type of accidents that would occur at a job site.
Tools and Equipment – Hand tools are normally covered on a blanket basis with no list or schedule. No item can exceed $500 in value. Equipment Insurance will protect your larger tools and equipment such as welders, generators, nail guns and other expensive portable equipment.
Builders Risk – C.O.C (Course of Construction) – Physical damage insurance for property under construction. Lenders will require it before issuing construction financing. They will usually require this coverage before funding remodeling projects as well and some policies can be endorsed to include the structure being remodeled also.
Workers’ Compensation – Contractors are responsible for providing this coverage for employees but may also have the exposure because of subcontractors who have not provided workers’ compensation insurance for their employees. This exposure can be avoided by insisting that subcontractors carry appropriate workers’ compensation insurance.
Business Auto Insurance – Personal auto policies exclude autos used for Commercial and Business purposes and would therefore require coverage on a policy designed for such use. If you use your automobile in business be sure you have the right policy and coverage is not excluded.
Businesses We Cover
- Commercial and Residential General Contractors
- Artisan Contractors
- Restoration Contractors
- Crane Operation/Rental
- Sprinkler Contractors
- Architects and Engineers
- Home Builders
- HVAC Contractors
- Builders Risk
- Street and Road
- Special Trade
- Utility Construction