Construction Insurance in Jerome, ID

Construction projects often involve risks, including property damage and workplace injuries. At Prescott & Craig, Inc., we understand the challenges that contractors, builders and construction company owners face in Idaho.

What Does Construction Insurance Cover?

Standard construction insurance solutions may include:

• General liability insurance may help cover third-party claims for bodily injury, property damage or personal injury that may occur both on or off the job site.
• Builder’s risk insurance may cover buildings and materials during construction and can help mitigate losses from events such as fire, theft or vandalism.
• Workers’ compensation insurance may provide benefits to employees who are injured or become ill because of their work.
• Commercial auto insurance may cover vehicles used for business purposes, including trucks, vans and trailers.
• Contractor’s equipment coverage may insure valuable tools and equipment against loss, theft or damage.
• Professional liability insurance may apply to claims of errors or omissions in your professional services.

Why Is This Policy Important?

Having the right insurance coverage can help your business in the following ways:

• Meet state and client requirements for liability and workers’ compensation
• Address costly lawsuits and property losses
• Keep projects on track if issues or delays arise
• Show clients and partners that you are professional and dependable

How Can Contractors Manage Risks?

Here are steps you may take to help reduce risks on the job:

• Reviewing contracts may help clarify insurance requirements and responsibilities.
• Providing regular safety training can help employees and subcontractors avoid common hazards.
• Keeping records of incidents, equipment maintenance and site inspections may support claims and compliance.
• Checking job sites for hazards can help address issues before they cause delays or losses.
• Working with an insurance advisor may help keep your coverage in pace with your business needs.

Get Covered Today

Contact Prescott & Craig, Inc. to review your insurance options and get a customized quote.