Construction Insurance
Contractors and construction professionals in Tennessee may face risks in every job. Sunstar Insurance Tennessee offers construction insurance to help cover your business from costly setbacks.
What Is Construction Insurance?
Construction insurance is specialized coverage that addresses risks associated with b
uilding, renovating or repairing structures. These policies may help construction businesses manage financial losses resulting from accidents, property damage or other covered events.
What Does It Cover?
Standard construction insurance policies may include the following:
- Builder’s risk insurance may cover buildings and materials during construction, including losses from fire, theft, vandalism and specific weather events, as outlined in the policy.
- General liability insurance may provide coverage for third-party claims for bodily injury, property damage or personal injury that may occur on or off the job site.
- Contractor’s equipment coverage may apply to valuable tools and equipment if they are lost, stolen or damaged.
- Workers’ compensation insurance may provide benefits to employees who are injured or become ill due to their work, as required in most states.
- Commercial auto insurance may cover vehicles used for business purposes, including trucks, vans and trailers traveling to and from job sites.
- Professional liability insurance may offer coverage for claims alleging errors, omissions, or negligence in your professional services.
Who Can Benefit From This Policy?
This type of policy may be essential for:
- General contractors and subcontractors
- Developers and project managers
- Home builders and remodelers
- Specialty trades (electricians, plumbers, roofers, etc.)
How Much Does It Cost?
Rates may vary based on factors such as your work type, business size, number of employees, equipment and vehicles, coverage limits, deductibles and your claims and safety history.
Get Insured Today
Contact Sunstar Insurance Tennessee for a free personalized quote. Proudly serving Jackson, McKenzie, Humboldt, Martin, Memphis, Columbia, Franklin and Murfreesboro, TN.