Industrial Builder Insurance

Customized insurance solutions for your needs

Construction teams are responsible for building industrial buildings. Industrial buildings include warehouses, assembly plants, labs, mills and factories. Building these locations takes a specialized team that knows how to minimize the risk for both the construction team and their clients. Even with precautions in place, there is always a few unpredictable risks. To properly manage these risks, you will need insurance policies, such as the ones stated below:

Commercial General Liability Insurance

If you are digging to create a foundation for an industrial building and hit a water pipe by accident, you may be liable to pay thousands of dollars in repair costs. When you have commercial general liability insurance, your policy may be able to cover these costs. Commercial general liability insurance covers financial losses from personal injury lawsuits or third-party property damage that occurs following business practices, your employees or faulty construction.

 

Tools & Equipment Insurance

As a builder, your equipment, tools and machinery are essential to completing jobs. If something breaks down, you could face a backlog at work, along with repair costs. When you purchase a tools and equipment insurance policy, you could receive a payout that may cover repair or replacement costs for your tools and equipment.

 

Tools & Equipment Insurance

As a builder, your equipment, tools and machinery are essential to completing jobs. If something breaks down, you could face a backlog at work, along with repair costs. When you purchase a tools and equipment insurance policy, you could receive a payout that may cover repair or replacement costs for your tools and equipment.

 

Mobile Property Insurance

While transporting material to a job site, something could happen and your materials could be destroyed or damaged. Many materials can be extremely expensive and without a replacement, you could be set back on site. Mobile property insurance insures your building site materials until they can be installed. If something breaks during transit or even as you are installing, you may be covered.

 

Commercial Bonds

While the previous four kinds of insurance aim to protect you, commercial bonds are to protect your client. Commercial bonds are essentially an agreement that you vow to complete the construction job without cutting corners and within a reasonable timeline. Many customers require you to have a surety bond because it's a sign you believe in your own workmanship.

For more information regarding industrial builder insurance or for specific questions, contact an isure broker today. We can help you find the best insurance coverage for a great rate to keep you protected!

 

Commercial Bonds

While the previous four kinds of insurance aim to protect you, commercial bonds are to protect your client. Commercial bonds are essentially an agreement that you vow to complete the construction job without cutting corners and within a reasonable timeline. Many customers require you to have a surety bond because it's a sign you believe in your own workmanship.

For more information regarding industrial builder insurance or for specific questions, contact an isure broker today. We can help you find the best insurance coverage for a great rate to keep you protected!

 





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