Construction Casualty
Construction casualty insurance protects contractors, subcontractors, and construction companies from third-party claims of bodily injury and property damage arising from construction operations. This essential coverage addresses the unique risks inherent in building and construction projects.
Who Needs This Coverage
- General contractors and subcontractors
- Commercial builders and residential construction companies
- Specialty trade contractors (electrical, plumbing, HVAC)
- Renovation and remodeling contractors
- Heavy construction and infrastructure projects
What's Covered
- Bodily injury liability for third parties
- Property damage to non-owned property
- Completed operations coverage
- Products and completed operations liability
- Contractual liability protection
- Personal and advertising injury coverage
Frequently Asked Questions
What does construction casualty insurance cover?
Construction casualty insurance covers third-party bodily injury, property damage, completed operations liability, and contractual liability arising from construction activities. It protects contractors from lawsuits and claims related to their work …
How much does construction liability insurance cost?
Construction liability insurance typically costs between $500 to $2,500 annually for small contractors, depending on factors like project types, annual revenue, number of employees, claims history, and coverage limits needed.
Do I need construction insurance if I'm a subcontractor?
Yes, subcontractors typically need their own construction casualty insurance. Most general contractors require subcontractors to carry liability coverage before allowing them on job sites, and it protects your business from claims arising from your w…