New York Contractor Insurance
If you are a contractor in NY you need General Liability Insurance to protect yourself in the event of an accident that results someone else's bodily injury or property damage. You also may need coverage for a storage building, workshop, tools and mobile equipment. Tanner Insurance Agency, Inc. can write one low cost Contractor Insurance policy that will protect each of these potential exposures.
If you are a contractor and are building homes or additions or other types of structures - In addition to general liability you also need a builders risk policy to protect your investment of installed and uninstalled building materials. That way your work is covered in the event of an accident. A good example was a contractor was hired to build an addition on a home. The contractor hired a painter to come in and do the staining. The painter threw the rags with stain in a bucket and left it overnight until he returned in the morning. Spontaneous combustion happened and the rags caught fire (yes this really happens) and the addition was destroyed and there was smoke damage in the rest of the house. Their New York Contractors Insurance policy paid for the smoke damage throughout the rest of the house but didn't pay anything for the addition. The contractor needed a builders risk policy to cover the addition.
The Right Coverage For Your Business
In addition to having proper protection, you also need quick response in order to qualify for new jobs. Your policy makes sure that you get a Certificate of Insurance for each bid and don't get caught in red tape. The certificates are prepared immediately upon request directly by the Tanner Insurance Agency, Inc. staff. So there is no waiting around for someone else to get it to you. We wrote the policy for you, we will be sure you have what you need when you need it.
In many cases, Contractor Insurance can end up costing less than you think. With only the parts you truly need, this coverage avoids some of the overkill offered by other insurance policies.
Your coverage plan can include the following protection:
- General Liability Protection
- Business Property Coverage
- Builders Risk Insurance
- Commercial Auto Insurance
- Workers Comp
- Custom coverage: protection for installation, tools, storage and transit
Contractors Insurance is available to contractors such as landscapers, masons, electricians, plumbers, dry wall installers and finishers, painters, and other tradesmen who subcontract very little of their work. It includes basic coverage plus some custom protection for tools, transit and storage unique to artisans.
Many of our policies are based on the number of full or part time employees instead of sales. So if you included materials in your prices or estimates there is no need to worry about an end of the year audit.
If you do hire a subcontractor to work for you be sure and protect yourself, your family and your business by downloading our FREE REPORT: Sample Indemnification, Hold Harmless Insurance Agreement. and also ask for their certificate of insurance naming you as additional insured.
Tanner Insurance Agency, Inc: Your Insurance Experts
We, at the Tanner Insurance Agency, Inc., are considered the construction industry experts and can offer general liability, commercial property, builders risk, commercial auto, workers compensation and disability policies even for a one man operation. We want to be sure you have the proper protection and that doesn't mean it has to cost an arm and a leg. There may also be very important laws and information - specific to Contractors that may have been withheld or overlooked by your current insurer.
Here are two reasons to get started right now!
- Before you bid your next job, get NY Contractors Insurance that will protect your business and easily dovetail with the general contractor's coverage.
- Get a no-risk quote right away. Simply fill out this short form and we'll get back to you with an affordable quote on an excellent policy.