Customizing Commercial Insurance for Bricklayers
Running a contracting business
has its own unique set of challenges. Every business is different and each
contractor has their own set of clients and equipment. Specific insurance needs
can also vary greatly from contractor to contractor. Specialized and customized
commercial insurance coverage for bricklayers is available to provide the
perfect level of coverage for the specific needs of any masonry business.
More and more insurance
companies are offering new types of commercial insurance products that are
designed to either complement or take the place of the traditional turnkey
approach to insurance policies. Older blanket types of policies often resulted
in higher premiums with insurance coverage that was not necessary. These new
insurance products make it possible to tailor a fully customized insurance
solution that provides just the right amount of coverage - allowing contractors
to save money on rates by avoiding coverage that is not needed.
An experienced insurance
brokerage will have the expertise necessary to create a customized commercial
insurance package for your bricklaying business. They will take the time to
understand your contracting business and help to find the right solution based
on the unique business needs and the insurance products that are currently
available.
Understanding the Business
In order to effectively
customize a commercial insurance solution, the insurance broker should always
take the time to get to know your business. This type of personalized service
should include understanding how the business works, determining what risks are
present and advising what can be done to minimize the exposure to those risks.
A full risk analysisand consultation can be performed in order to become familiar with the business
and offer suggestions to help you qualify for the best rates.
There are experienced insurance
brokers that offer extensive expertise dealing with businesses from any
industry and trade sector. They can help you find the right levels of coverage
for physical assets, business income, liability exposure as well as any
employees and benefits. Depending on the risk assessment results and the
specific needs of the business, the following may be applicable:
- Property Insurance;
- Equipment Insurance – protects against loss, theft
and breakdown of equipment (whether it is owned, rented, leased or borrowed);
- Surety Bonds – covers
fines and damages when contractual obligations are not met;
- Commercial
General Liability;
- Business Income Protection – protects against
loss of revenue due to losses or damages at a contract site;
- Building Material Replacement Protection;
- Employee Protection including group accident
coverage.
Insurance Solutions You Can Trust
A reputable and respected
insurance brokerage such as Regional Insurance will work hard to meet the needs
of your business, gain your trust and develop a professional relationship that
lasts. Regional Insurance is family owned and operated with the experience
necessary to advise you on risk management. They are dedicated to providing
personalized service and customized insurance solutions for every client. The
service does not stop when you receive your insurance solution, Regional
Insurance will also be there for you if or when there is a need to file a
claim.
When it comes to protecting your
business, there is no one size fits all insurance solution. Contact Regional
Insurance to take advantage of their experience providing customized commercial
insurance coverage for bricklayers and other contractors today.