Insurance for Concrete Construction Companies

Insurance for Concrete Construction Companies

Concrete Construction Companies offer an important service that many homeowners rely on. With this responsibility comes a responsibility to carry the right Insurance coverage in case of an accident. We are going to explain which coverages you should purchase for your Concrete Construction Company.

Insurance for Concrete Construction Companies – General Liability

Like with most Construction Companies, you should carry General Liability for your Concrete business. This is a very important coverage that is very affordable, depending on your operations. When shopping for General Liability, make sure to clarify if you are working on foundations, new home, or tract homes. This is because many carriers will offer discounts on the General Liability if you are doing repair work only. You should not just assume these discounts have already been applied,
because in many cases they have not.

Insurance for Concrete Construction Companies – Commercial Auto

Depending on your company operations, you may need to carry a Commercial Auto policy for your vehicles. This is especially important if you have any dedicated company vehicles, or vehicles that are used primarily for business purposes. Depending on the vehicle you operate, you can often add permanently attached equipment to the policy
coverages. This coverage may be especially important for those Concrete Construction Companies that have vehicles with Concrete pumps attached to their vehicles. You can often cover these pumps to full replacement cost in case of an accident.

Insurance for Concrete Construction Companies – Business Personal Property and Inland Marine

Business Personal Property and Inland Marine are very useful coverages that every Concrete Construction Company should consider. With Business Personal Property coverage, all of your on-site property, including tools, mixing equipment, and diagnostic tools can be covered in case of an accident. With Inland Marine, you can cover all of the off-site property that you take with you to jobsites. Again, this is an optional coverage, but it may save your business if there is a large loss. In many cases you can
purchase these coverages with the same carrier as your General Liability, which will often make you eligible for discounts.

If you would like to learn more about obtaining the right Insurance for your Concrete Construction Company, give us a ring! We can be reached at 925-297-4829.

All information is general in nature and is intended to provide guidance only. It is up to you to request specific coverage options, the agency and agent do not bear this responsibility. Always read the policy if there is a questions about coverage or a claim. If any information herein should conflict with your actual policy’s specific language, the policy language will be controlling.

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All information is general in nature and is intended to provide guidance only. It is up to you to request specific coverage options, the agency and agent do not bear this responsibility. Always read the policy if there is a questions about coverage or a claim. If any information herein should conflict with your actual policy’s specific language, the policy language will be controlling.