Insurance Every Construction Business Needs

Construction workers face a large number of unique risks on the job on a regular basis. When your employees are operating heavy machinery as a part of their daily routine, you absolutely need insurance policies in place to protect their safety and your business. Below are just a few examples of insurance policies that construction workers can benefit from.

General Liability Insurance

General liability insurance is the most basic type of insurance that any business should have regardless of its industry or size. This policy will provide you with top-notch legal representation and pay for covered damages caused by you or an employee up to the maximum limit provided on the policy. General liability insurance will typically be required when entering into a contract with a third party or pulling permits in a city like Philadelphia.

General liability insurance, however, does not cover the costs of an employee’s medical bills if they get injured on the job. This type of coverage would require workers compensation insurance.

Commercial Umbrella Insurance

Commercial umbrella insurance provides an additional layer of liability protection for your business in the event of a loss that exceeds the limits of policies you have in place. For example, if you have a $2 million limit on your general liability policy and the costs of a claim end up adding up to $2.7 million, your commercial umbrella policy will step in to make up the $700k difference.

With construction being a high-risk industry, employee injuries and property damages can be costly without sufficient coverage in place. Commercial umbrella insurance will help protect your construction company from major losses and even closing its doors for good.

Workers’ Compensation

Workers compensation insurance is necessary for all business owners who have at least one full-time or part-time employee. If you have “sub-contractors” or 1099 employees, you may still need coverage. These sub-contractors can be considered employees, making you responsible for injuries occurring on the job.

Workers’ Compensation insurance will provide wage replacement and medical benefits to an employee who is injured on the job. In return for these benefits, the employee waives the right to sue you, the employer, for negligence.

Construction workers are on the move for hours at a time using power tools, lifting heavy objects, and working at height; almost 40% all construction worker deaths in 2017 were due to falling. If one of your employees falls off a roof and breaks their arm, you could be expected to pay for their medical bills. A trip to the hospital can be very costly depending on the nature and severity of their injury, so a workers compensation policy will help cover these costs. Furthermore, if your employee decides to sue you after an accident, a workers compensation policy would also help cover the cost of any legal fees.

Call Risk Averse Insurancein Media, PA to discuss workers’ compensation coverage for your business.

Risk Averse Insurance is an independent insurance agency in Delaware County that specializes in providing high-quality insurance products at an affordable price.

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Don and Megan were extremely helpful and a pleasant to work with. Highly recommend. They went above and beyond to get me insured quickly and at a really good rate.
Jojo Anaya
Jojo Anaya
Friendly, helpful and great prices.
Susan Young
Susan Young
Our construction company recently switched over to Risk Averse Insurance. We moved all of our policies over to this company. Our agent, Don Blizzard, was amazing! He was upfront and explained everything to us so we understood what we were getting. He made the process very easy and the turn around was very fast! There were no issues! Not only did we get great deals, we got better coverage than we ever had. I would definitely recommend this company! They are the best!
Kelly Robb
Kelly Robb
I recently switched to this company this year for all my business insurances and couldn’t be happier. The service my agent Don Blizzard provides is amazing. I started recommending to all my colleagues and family. Definitely worth reaching out for quotes if you’re a business contractor. Thanks again team
Louis Litwin
Louis Litwin
Just had to file a big claim for a stolen vehicle full of all my professional equipment----the policy they wrote allowed me to get real value back for my stolen equipment so I can come back even stronger!! Big thanks to my agent Don Blizzard for doing such a great job!
Ed Sheridan
Ed Sheridan
Don Blizzard is my agent with Risk Averse and he is absolutely the best. He is quick to respond with any questions or concerns I may have, gets me my certs way faster than expected, and is great at explaining things in a way that a layman can understand. I highly recommend Don and Risk Averse Insurance.
Sean Carter
Sean Carter
Don is a great insurance guy he dose my personal and business insurance every time I call he answers and takes time to answer all my questions and guides me in the right steps
Blaine Kunselman
Blaine Kunselman
I have been using them for over 5 years now and I'm very happy with the service; they always do the best to get me the best and current up-to-date deals and excellent to deal with. I recommend.
Chauncey Brown Jr.
Chauncey Brown Jr.
Ive worked with Don for the last few year's. When I started my buisness I knew I needed help and didn't know where to start.I knew I needed an absolute beast of an agent and every other owner/ operator I talked too said if "You don't have Don Blizzard as an agent then you dont have the best agent. "He took a chance and helped me grow my buisness to where its at today. Riskaverse is the absolute best and since starting my buisness all my insurance is through them with help from Don Blizzard. He has a way to explain it to me where I understand my coverage and exposure and the commercial side including Meghan are the absolute best at getting COI'S sent to potential clients within minutes of requesting the copy.Hands down I only go where Don goes and I know whatever policies are written and where my coverage goes my loyalty will always lay with Don.He took a chance and grew with me and I'm forever grateful to all the staff at RiskAverse for being family and buisness friendly and not looking at me as a number or a client but actually caring and finding us the best for which suits our needs.#TeamDonBlizzard #TeamRiskAverse#TeamMegan
James LeBoon
James LeBoon
I work with Don. He has helped lots of my family and friends for their business and personal insurance. He is super responsive, honest, and hardworking to make sure you are fully taken care of in every aspect of your policy. He cares a great deal about each unique situation. I am fully confident anytime I refer Don.
Molly Eckman
Molly Eckman
Anytime I’ve needed assistance, the staff has always been accommodating. I have, and will continue to refer people here.
Allison Parasink
Allison Parasink
The best I've ever used. Don and the team make u feel protected and being able to lay your head on your pillow at night knowing you are protected is worth more than gold.
Dolans Bar
Dolans Bar
Don and his team have been great to work with and always very accessible which is important when dealing with the stress of getting your insurance set up and doing it right. Highly recommend!
Ryan Callahan
Ryan Callahan
I had the best experience. Don helped me with both auto and homeowners insurance in getting us the best price with great service. Highly recommend!
Gloria McAllister
Gloria McAllister
Fred Burns is the absolute best! Highly recommend!
joanne kelly
joanne kelly
Highly recommend!
Jennifer McGonagle
Jennifer McGonagle
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