If you work in the construction industry, you know the unexpected can happen fast. From job site injuries to equipment damage, it’s all a part of the job. That’s why having the right insurance coverage is critical when it comes to making sure your business has the protection it needs to grow.
Here are important construction insurance coverages to keep your business secure and thriving.
Consider this the foundation of a solid construction insurance plan. General liability coverage protects your business if someone is injured on your job site or if you accidentally damage someone else’s property. It also provides legal defense and settlement costs in the event of a lawsuit.
Construction is a high-risk industry. In fact, accidents can happen even if you have established safety protocols in place. If an employee gets hurt on the job, workers' comp can help cover medical bills, lost wages, and even rehabilitation costs While they get back on their feet. And in many states, including Ohio, workers’ comp isn’t a “nice-to-have,” it’s a “need-to-have” because it’s required by law.
If your company owns and operates vehicles, commercial auto insurance protects against liability as well as physical damage. Whether you're transporting materials or people, this coverage protects your business in the event of an accident or theft.
Also known as construction insurance, this type of policy covers buildings and structures during construction or renovation. It typically includes protection against common risks like damage from fire, weather, theft, and vandalism.
Even if you don’t wear a hardhat to the office, you still need the right coverage. If your work includes design, project management, or consulting, professional liability insurance protects you against claims of errors, omissions, or negligence.
Construction insurance isn’t one-size-fits-all. Instead, you’ll need the right mix of coverages depending on your projects and size of your company, as well as other factors. At Roehr, we can work with you to make sure you have the right coverage to keep your construction business on solid ground, with the policies it needs to keep your employees safe, and your company thriving.
Learn more about these core construction insurance products and carrier resources:
General Liability Insurance (Travelers)
Workers’ Compensation Insurance (KEMI)
Commercial Auto Insurance (Progressive)
Builders Risk Insurance (Hanover)
Professional Liability Insurance (Liberty Mutual)
