Contractors Insurance

Contact Mark Rivard at CCIS. 
He writes insurance on all types of Contractors. Liability, Umbrella (Excess),
Work Comp, Business Auto, Professional Liability, Equipment (Inland Marine) Coverage
and Builder's Risk are just a few of the coverages that are needed by all contractors. 
CCIS has access to multiple companies who write these lines of business. 
If Mark is unavailable, ask for Diana De Leon

Office 559-320-2247

Contractors have unique insurance needs, so it’s essential to understand the various types of insurance coverage that can help address perils common in this industry. 

Talk with the agents at CCIS Insurance Group in Fresno, California, to learn more about how a business insurance plan tailored to meet the needs of a contractor can help protect your company’s financial well-being. 

What Is Contractors Insurance? 

Contractors insurance isn’t one type of insurance, but rather, a handful of policies that can help pay for your liability if you accidentally cause third-party property damage or injuries. It may also cover your property, including your tools, vehicles and equipment. 

Is Contractors Insurance Required? 

Contractors in the state of California must carry workers’ compensation insurance. This coverage helps pay medical bills and may provide wage replacement benefits if one of your workers is injured or becomes ill in a work-related incident or accident.  Contractor Bonds are a requirement for a contractor license. CCIS can issue a bond within 5 minutes using your credit card or bank account information. The bond is electronically sent to the CSLB.

While California may not require contractors to carry insurance coverage beyond workers’ compensation, it’s common for clients to request proof of insurance before starting work on a project. 

What Types of Insurance Are Available for Contractors? 

Depending on details about your business, your agent may recommend several insurance policies, including: 

General liability insurance helps pay damages if you or one of your workers accidentally cause third-party injuries or property damage. It’s crucial to go over policy exclusions with your agent to ensure you have appropriate coverage for your construction company. 

Property insurance helps pay for your property loss, including your building and permanently installed equipment after a covered event like a fire or storm. 

Professional liability insurance is necessary if you perform design or engineering work or make decisions on the building or project.  This policy helps protect you against negligence claims. 

Commercial auto insurance helps pay for damages if you or one of your workers causes an accident with a company vehicle. Auto liability insurance helps pay for damage to someone else’s property as well as their accident-related medical bills. If you choose collision and comprehensive coverage, the policy may also pay to repair or replace your vehicle after an accident. 

Umbrella insurance helps cover liability claims that exceed the limits of your other insurance policies. While umbrella insurance rates vary, you can generally get a lot of this essential coverage for a relatively small amount of money. 

Inland marine insurance can help pay to replace tools you store in a trailer, truck or work shop. This policy helps pay to replace your important tools and equipment if it’s stolen or damaged in a covered event like a fire. 

Builders risk and installation floaters help provide coverage for supplies, materials, the entire building and equipment purchased and sent to a job site but not yet installed. 

Get the Contractors Insurance You Need Today 

CCIS Insurance Group can help you understand your construction insurance options and get a quote.