Contractors Insurance in Crown Point, IN
Proudly Serving St. John, Valparaiso, Winfield, and Merrillville Businesses
Running a contracting business in Crown Point, IN means showing up to job sites every day with a lot on the line. A single accident, a stolen tool trailer or damage to a client’s property can be a significant financial setback. Contractors insurance can financially protect your business when the unexpected happens.
What Policies Should My Business Have? 
Contractors insurance is not a single policy but a combination of coverages tailored to the risks you face on the job. Common components include:
- General liability insurance: This covers claims of third-party bodily injury and property damage that arise from your work.
- Commercial auto insurance: This covers damage or liability claims involving vehicles used for work caused by accidents, fire, theft, vandalism or weather events
- Tools and equipment coverage: This can help replace or repair tools and equipment that are stolen, damaged or lost.
- Builders risk insurance: This covers structures under construction against fire, theft, and certain weather-related damage.
- Workers’ compensation insurance: This helps pay for medical expenses and lost wages for work-related injuries. Certain exemptions apply, including for qualifying independent contractors.
Why Do Contractors Need Insurance?
A subcontractor could suffer an injury on your job site, a client might claim your work caused property damage, or tools could be stolen overnight. Any of these situations can generate expenses that far exceed what most small businesses can absorb out of pocket.
Insurance policies can help you manage these risks and avoid paying large claims on your own. It also shows professionalism to clients and positions your business to meet contractual requirements before work begins.
Contact Shirer Insurance Services today to talk through your coverage options and request a quote.