Understand Installation Floater Coverage

| Contractor insurance, Installation floater.

What is an installation floater and should your construction business insurance coverage include this valuable coverage? A standard property insurance policy does not provide coverage for materials being installed. Contractors could be left unprotected if materials intended for a jobsite are damaged in transit or during installation. The solution to this problem is installation floater… Read more »

Types of Construction Insurance

| Business Insurance, Contractor insurance.

The construction industry is full of opportunities and risk. Managing the risk is critical to running a successful and profitable construction firm. An effective safety program is the first step in managing risk. A comprehensive insurance plan is the next step and is just as important. There are many types of construction insurance available to… Read more »

Types of Contractor Insurance

| Agency Customers, Contractor insurance, General Liability Insurance, Insurance education, Risk Management, Umbrella Liability, Workers Compensation Insurance.

Contractors face a myriad of risks and require a customized business insurance program. There are many types of contractor insurance that should be considered. Fortunately, the professional agents at Safeguard Insurance have been working with contractors, large and small, for nearly 20 years. We can help contractors find the right insurance coverage, at the right… Read more »

5 Contractor Insurance Tips

| Business Insurance, Commercial Umbrella, Contractor insurance, General Liability Insurance, Insurance education.

Like many industries, contractors have very specialized business insurance needs. When choosing an insurance provider, contractors would be well served to work with an agent that understand their industry. Here are 5 contractor insurance tips to make sure you have the right coverage for your business. Understand additional insured endorsements. There are dozens of additional… Read more »

Builders Risk Insurance Protects Construction Projects

| Business Insurance, Contractor insurance.

Whether you are involved in residential projects, commercial work, or general remodeling, builders risk insurance protects construction projects. At Safeguard Insurance, we have provided affordable builders risk insurance to contractors and owner-builders for nearly 20 years. No matter what size construction project, we can find you the right builders risk insurance at a price you can… Read more »

General Liability: The Foundation of Construction Insurance

| Business Insurance, Commercial Auto Insurance, Commercial Property Insurance, Contractor insurance.

A solid foundation is the start of every construction project.    With the proper footings and reinforcement, a well-engineered foundation can support the weight of a building for many decades.  Construction insurance, likewise, needs a foundational coverage that protects your contracting operation from liability claims.   General liability is the foundation of contractor insurance coverage. What is… Read more »

Understanding the Certificate of Insurance

| Additional Insured, Business Insurance, Contractor insurance, General Liability Insurance, Insurance education, Workers Compensation Insurance.

Business insurance policyholders are commonly asked to provide a certificate of insurance to a 3rd party. Typical requestors include a landlord, finance or leasing company, government entity, or as part of a construction agreement. While commonly requested, the purpose of insurance certificates is often a mystery to policyholders. What is a certificate of insurance? A… Read more »