Construction Insurance

Are you looking for Construction Insurance? Whether you are a contractor building small projects or a consultant overseeing large projects with many sub-contractors, Construction insurance is essential in providing all types of Ontario construction companies and related parties in a project the peace of mind during construction. Construction projects are expensive undertakings with complex risks, unforeseen events, delays, mistakes, or errors. If these occur, a properly written Construction insurance policy protects your project, and business.

Construction Insurance isure

 

Construction companies need to consider many risks. It is complex; having the right construction insurance is critical to ensure your business has the right coverage to protect you after a loss.

Construction Insurance coverage options are extensive, and will depend on your specific business or project needs:

 

If you are a construction contractor or own a construction business, you will need to protect your interests with construction insurance. One of our professional isure brokers can find and compare customized insurance quotes for carpenters, electricians, painters, interior designers and other construction contractors.

There are different kinds of insurances for the construction business:

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Commercial general liability

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Commercial property
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Mobile property
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Commercial vehicles
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Surety bonds

Save when you bundle your Construction Insurance

Lower your Construction Insurance rates by bundling all your insurance products together.

What is Commercial General Liability Insurance?
Commercial general liability insurance offers you and your business protection against property damage claims or personal injury arising from your operations. If you are sued for any claims, commercial general liability insurance will cover the legal costs to defend the claim in court. The insurance also serves to cover damages to pay third parties.
What is commercial property insurance?
Commercial property insurance protects you against loss or damage such as theft, fire, vandalism and more. You will need commercial property insurance if you own a commercial space, lease an office or work from home. Commercial property insurance covers the physical structure of your business- inside and out. The coverage includes inventory, electronics, equipment, fencing, landscaping and more.
What Is Mobile Property Insurance?
This insurance protects your property and equipment while in transit from one job location to another. This is particularly useful in situations when your business does not have a physical address or you regularly move equipment across areas. Mobile property insurance covers risks, such as transit and theft exposure that arise when the property is not stored in a safe location.
What Is Commercial Vehicle Insurance?
Whether you own one or multiple cars, small or big trucks, you will need commercial vehicle insurance for your business. Depending on your business requirements, you can choose the coverage level to ensure that your fleet is protected.

Third-party liability coverage protects you if you are responsible for damaging someone’s property or injuring someone.

Direct Compensation Property Damage coverage protects your vehicle, its contents and its immobility from an accident when you are not at fault or partially at fault. With DCPD, you communicate directly with your insurer instead of suing the other driver for damages.

What is a Surety Bond?
A surety bond is a three-way contract among the contractor, client and the insurer. It protects the client from loss when the contractor fails to perform their obligation.

For all your construction insurance needs, contact isure insurance today. We will help you find a high-quality construction insurance quote in Ontario!

Not sure where and how to start?

isure experts are here to HELP you get the best Construction Insurance for your needs!