Contractors Insurance in Austin, TX
At Contractors Insurance Services, we provide coverage to help independent contractors, construction business owners and trades professionals in Texas manage their business and reputation.
What Is Contractors Insurance?
Contractors insurance is a group of policies that may help your business handle costs from accidents, property damage, injuries or legal claims. Having the right coverage can be important for meeting client requirements and helping your business recover from unexpected events.
What Does It Cover?
Standard contractors insurance policies typically include the following:
- General liability insurance may cover third-party bodily injury, property damage and completed operations. Clients often require this before work begins.
- Workers compensation insurance may cover medical expenses and lost wages for employees injured on the job.
- Commercial auto insurance may apply to vehicles used in your business, such as pickup trucks and service vans.
- Tools and equipment coverage may help replace or repair them if they are stolen, lost or damaged.
- Professional liability insurance, also known as errors and omissions insurance, may provide coverage against claims of negligence or mistakes in your professional services.
- Builders risk insurance may cover buildings and materials during construction or renovation projects.
How Much Does It Cost?
Rates may vary based on several factors, such as the type of trade you work in, the number of employees you have, the value and location of your business property and your previous claims history. Additional factors that may affect your premium include the coverage limits you select, your deductible amounts and the types of policies you choose. Customized add-ons or endorsements can also influence overall costs.
Our Team Can Help
Contact Contractors Insurance Services today to discuss your insurance options and get a free custom quote.