Construction Insurance in Savannah, GA

Construction insurance combines different types of business insurance to cover various construction risks. This type of policy can help shield your construction company against financial losses arising from everyday operations.

Why Is Construction Insurance Important?

Construction sites are unpredictable. Equipment breaks, accidents happen and sometimes projects don’t go as planned. Without appropriate coverage, your business could face severe financial setbacks. Construction insurance may mitigate the financial impact of these risks and help keep your business on track.

What Types of Insurance Does My Construction Company Need?

Before diving into policies, think about the kinds of projects you handle and the risks involved. Every construction company faces different challenges, but some types of insurance are considered essential across the board:

• General liability insurance may cover your business against third-party claims of bodily injury, property damage and personal injury. This may also cover your legal defense fees if an incident leads to a lawsuit.
• Workers’ compensation insurance may provide medical and wage benefits if an employee is injured or falls ill due to work.
• Commercial auto insurance may help prevent financial losses related to accidents involving your business vehicles.
• Builders risk insurance may cover construction materials and buildings under construction against fire, theft, vandalism and severe weather events.
• Tools and equipment insurance may pay to repair or replace tools and machinery used on-site if stolen or damaged by covered events.
• Professional liability insurance may cover losses from claims of errors, omissions or negligence.

Considerations Before Getting Started

Before shopping for policies, take stock of your current projects, crew size and equipment. Talk to your team and review contracts to spot any insurance requirements you might be missing. Working with an insurance agent with expertise in construction insurance can help you identify gaps in your current coverage and recommend suitable policies.

Contact Us

R.M. Bush & Company Inc is here to assist with your construction insurance needs. Our agents can help you build a custom policy. Contact us today to learn more.