If you’re responsible for construction projects anywhere in Ontario, building contractors insurance is essential. While working for yourself can be a benefit, the liability risks to you and your company can be exceedingly unfortunate. Instead of putting yourself and your livelihood at risk, the right insurance coverage can provide the protection you need.
No matter how careful you are, mistakes can happen, putting you at risk for a lawsuit. General liability coverage is designed to protect you, your team members, and anyone who may be at risk at a job site. Whether you drop your saw, put a hole in the wall, or inadvertently remove the load-bearing wall in a structure, the right insurance can protect you and your business from even millions in damages.
There’s always a possibility of causing property damage while you’re working on a job site. Instead of hoping that won’t happen and the property’s owner won’t take you to court, having the appropriate property insurance in place will protect you and your crew, as well as your tools and equipment, on your own premises and on job sites.
As a building contractor working in Ontario, you probably spend a lot of time going to various job sites. While no one anticipates an accident on the road, it can happen to anyone, even when you are driving defensively. Commercial vehicle insurance can be the safety net you need to keep your trucks on the road without delay or interruption. Even if you are using your own personal vehicle for commercial purposes, your standard auto policy will cover some of the risks of driving, but most policies do not cover all of the liabilities or property losses a contractor may face.
When it comes to your contracting company, there’s no such thing as being too careful. Inappropriate or insufficient building contractors insurance could put your entire business at risk, threatening you with costs you simply can’t afford. With the right combination of insurance options, you can rest easier knowing you, your team, and your business are protected from whatever the future may bring.
If you have any questions or would like a no-obligation, customized quote, please contact Sean McNamara at Mitchell & Whale Insurance Brokers at 1-800-731-2228 or email me at firstname.lastname@example.org. I’d be happy to help you with any type of commercial insurance.
Want to add to this story? Let us know in comments below! Mitchell & Whale is a fast-growing insurance brokerage in Ontario, striving to make insurance _not suck_ one customer at a time. Give us a call today to discuss any of your insurance needs at 1.800.731.2228.