Aegis Insurance Markets specializes in providing contractor insurance with coverages ranging from Insurance for Subcontractors to General Contractor Liability Insurance. We also offer the other additional coverages vital to contractors including:
- Instant Issues California Contractor License Bonds
- Contractor Bid, Performance & Payment
- Insurance for Tools and Equipment
- Builders Risk or Course of Construction Insurance
- Workers’ Compensation for Contractors
- Commercial Auto Insurance
We currently offer insurance for contractors in Arizona, California, Colorado, Idaho, Nevada, Oregon, Texas, Utah and Washington.
Your business is your greatest asset, but did you also know that it can also be a serious liability which can cost you more than you own? It is important that you know what to look for to protect your business. The following are some insurance products you should consider.
Contractor General Liability Insurance
This generally protects you from most claims that arise from day-to-day operation of your business. This includes “slip, trip, or fall” type accidents on the premises, as well as accidents occurring as a result of day-to-day business activity. We offer insurance for subcontractors, general contractors, tradesmen and more.
Contractor Surety Bonds
Aegis Insurance Markets is your source for surety bonds of all types, including contractor license bonds, bid bonds, performance bonds and payment bonds. A contractor surety bond is a guarantee of correct performance of an obligation. We now offer instant issue contractor license bonds for California contractors on our online contractors license bond website AegisContractorLicenseBonds.com. That obligation may arise out of a contractual relationship, or it may exist because of a statute or ordinance governing the Principal’s conduct.
Tools & Equipment (Inland Marine)
Hand tools are normally covered on a blanket basis with no list or schedule. No item can exceed $500 in value. Tools and Equipment Insurance will protect your larger tools and equipment such as welders, generators, nail guns and other expensive, portable equipment.
Builders Risk – C.O.C (Course of Construction)
Builders Risk or Course of Construction Insurance is designed to protect from physical damage of a property under construction. Lenders will require it before issuing construction financing. They will usually require this coverage before funding remodeling projects as well and some policies can be endorsed to include the structure being remodeled also.
Contractors are responsible for providing Workers’ Compensation Insurance for employees but may also have the exposure because of subcontractors who have not provided workers’ compensation insurance for their employees. This exposure can be avoided by insisting that subcontractors carry appropriate workers’ compensation insurance.
Commercial Auto Insurance
Personal auto policies exclude autos used for commercial and business purposes. Because of this, if you use a vehicle for commercial purposes, you need a Commercial Auto Policy designed for your specific use. If you use your automobile in business be sure you have the right policy and the coverages you need to protect your assets.
For Information regarding any of the Contractor Insurance products above, complete the form to the left for a free, personalized, no-obligation quote within 24 hrs.