What is construction insurance?
Construction work of any type presents multiple risks. Facilities can burn down, vehicles can get in accidents, tools can be stolen, and plenty of things can go wrong on a job site. To protect against covered risks, contractors in Massachusetts can get construction insurance.
Construction insurance is a specialized form of commercial insurance for contractors working construction. Policies may protect against a range of property and liability risks.
What Massachusetts contractors are construction policies for?
Most Massachusetts contractors in the construction sector should have a construction policy. This generally includes those doing residential or commercial construction, as well as other contractors. For instance, the following contractors might get one of these policies:
- General contractors
- Specializes contractors
- New home builders
- Renovators and remodelers
- Heavy construction companies
- Maine construction companies
Policies are purchased by everyone from individuals doing kitchen remodels, to commercial construction companies working on major buildings.