Protect Your License With Commercial Insurance for Contractors

February 21, 2018

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If you are a Commercial Contractor, having the right protection is vital to your livelihood.

My insurance brokerage offers several essential products for contractors, including builders risk, inland marine, excess and of course, Contractor General Liability. Our Contractor General Liability products offer:

  • Minimum premiums as low as $350
  • Competitive rates
  • A simple rating and submission system
  • Quick turnaround times
  • Great discounts
  • Valuable optional coverage
  • Superior customer service
  • New ventures eligible
  • Faulty Workmanship coverage endorsements available
  • Contractors Miscellaneous Tools and Small Equipment coverage
  • No loss runs required on accounts with premiums under $7500

  Are you a contractor that is working on Condos/HOA/Apartment properties, a Remodeler or, hiring subcontractors? Things happen in this line of work. This is why we also offer a faulty workmanship coverage endorsement.   Our Faulty Workmanship Coverage endorsement offers:

  • This unique coverage may be added to the general liability policy and provides a $10,000 limit for as low as $30.
  • This endorsement protects you against claims arising out of faulty workmanship, materials or products.
  • These claims would otherwise be excluded by the “business risk” exclusions found in every standard ISO Commercial General Liability policy.  

  Protect your licence: In states that require a contractor's license bond, claims arising out of faulty workmanship, materials or products may also be made against the contractor’s license bond. If the bonding company pays any such claim, the contractor must repay the bonding company. The contractor’s failure to repay the bonding company could result in suspension or revocation of their contractor’s license. By protecting against bond claims, the Contractors Faulty Workmanship Coverage also protects the contractor’s license.   We’d like the opportunity to see if your rates and coverage could measure up to the best deal in town. We work directly with the Builders and Tradesmen’s Insurance Services, Inc. programs offering you the exact coverage you need to ensure you are adequately covered.   Keeping you protected,   Rick   All Access Insurance in Littleton, CO,  who represents multiple insurance companies as a “Broker” and provides products for auto, home,  commercial, workers compensation, and much more!   Call us today for a free quote at (303) 932-1700