Contractors and Builders
The Special Needs of Contractors and Builders
Contractors and builders have very special needs. They are considered by the insurance industry as a high risk due to the many hazards involved with construction.
Generally, a builder or contractor needs to carry a Bond (as mandated by the state), a General Liability policy to cover the operations, possibly Builders Risk insurance for new and/or remodel projects and Workers Comp for any of their employees.