Find out what you need to know about excavation insurance for contractors.
Excavation contractors are tradesmen who perform a variety of jobs, including all phases of site preparation, septic installation, drainage systems, land grading, and road work. In essence, they move mountains, dig foundations for new buildings, roads, and other serious projects! Their job is to remove, reshape, and prepare the earth – allowing no rubble or earth to get in their way!
With that responsibility, however, comes significant risk. Hidden underground utility lines can be severed, trenches can quickly collapse, and heavy machinery can be dangerous. Fortunately, a few insurance companies have developed special insurance programs to address the insurance needs of excavation contractors.
The most important policy to an excavation contractor is the commercial liability insurance policy. This will defend you and pay on your behalf when you’re found legally liable for bodily injury or property damage that is caused by your business operations! In turn, your company won’t be faced with footing legal bills alone, and it can quickly recover from any pitfall.
Other important coverages can range from contractors’ equipment, contractors professional liability, contractors pollution liability, workers compensation and crime, among others.
Additionally, as a contractor, you’ll be asked to provide proof of insurance to customers and general contractors. They may even require you to add them as an additional insured on your general liability policy!
Talking directly to an insurance professional allows you to receive quality insurance for all of your excavation contractor needs in Renton, Seattle, and neighboring areas of Washington! Contact Humble & Davenport Insurance to get started on your policy today!