Looking For Builders’ Insurance? We Can Help!
Why Is Builders’ Risk Insurance Important?
Construction is a risky business. A builders’ risk insurance policy protects construction projects against claims arising during construction, as well as for all associated property loss or damage.
Insurance Coverage for Builders
Risks such as fire, wind, theft, and vandalism are covered under a builder’s risk policy, but perils such as earthquake, flood and hurricane damage may not be covered unless specified under policy. Check with your broker if you need insurance against such risks.
Insurance Costs Depends on Many Factors
Number of Employees
Inexperienced construction workers are more likely to make errors. The number of employees you have and the years of experience they have may affect your insurance premium.
Location
Fluctuating temperatures and weather conditions vary from coast to coast. If you’re in BC, Alberta, Ontario, or Nova Scotia weather risks are different and so are your policy costs.
Other Factors
Working on residential buildings versus commercial buildings, number of stories in the buildings you work on, whether you do structural work on load-bearing walls or not – these are all factors that may affect your premium.
Fire Damage
Whatever the circumstances are, being protected with a comprehensive builders’ risk insurance policy is the best option!
Why Get an Insurance Quote From Us?
Forget about finding a local broker, booking an appointment, and waiting for up to a month before receiving a quote. Getting a builders’ risk insurance quote is a breeze with us. Here are four reasons why:
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Our Insurance Providers
We help contractors get business insurance from top Canadian providers through our partner, Zensurance.