5 Policies You May Need to Insure Your Construction Business


If you’re in the construction industry, you know how important being properly insured is. The right insurance can save you thousands of dollars if an accident happens on a worksite. Part of knowing how to find the best construction insurance in New Jersey is knowing what sort of policies are commonly needed for construction businesses.

  1. Commercial General Liability: Covers your business from claims of bodily injury or property damage on one of your worksites or your property.
  2. Employment Practices Liability: Offers defense fees in the case of an employee suing you due to sexual harassment, discrimination, wrongful termination or similar accusations.
  3. Errors and Omissions Liability: Protects your business from claims of inadequate or negligent work.
  4. Umbrella Insurance: This is extra liability insurance that helps cover more than regular liability.
  5. Builder’s Risk Insurance: Protects from losses due to damage to materials, fixtures or equipment being used in construction.

Of course these are not the only policies that your business needs to be fully covered, but they are a few. You should make sure to talk with an insurance provider to figure out how to find the best construction insurance in New Jersey. They’ll be able to ensure that you get the coverage that is right for your business.

This post was written by , posted on December 5, 2015 Saturday at 10:00 am