Risk Management

Insurance for Contractors

Contractors face unique risks on every job site. Wright Risk Consultants provides tailored insurance solutions to protect your team, tools, and projects, ensuring you can build with confidence and handle challenges without disruptions.

Contact Specialist Phillip Wright
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Tools Protection

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Liability Coverage

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Job Site Expertise

Built for builders

Tailored Contractor Coverage

From general liability to tools and equipment protection, our policies address the challenges contractors face daily. Wright Risk designs coverage for contractors of all sizes, ensuring you’re prepared for workplace injuries, project delays, and unexpected claims.

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Comprehensive Job Site Coverage

Our policies cover tools, equipment, and materials, ensuring your operations stay on track even after unexpected incidents.

Regulatory Compliance Expertise

Wright Risk ensures your policies meet licensing and regulatory requirements, so you can focus on completing your projects without legal concerns.

Common Questions

Contractors Insurance FAQs

Contracting comes with unique challenges, but Wright Risk Consultants is here to help. Below are answers to common questions about protecting your contracting business.

  • What types of coverage does a contractor need?

    A comprehensive policy for security services includes general liability, workers’ compensation, and professional liability insurance. It may also include property insurance for your equipment and vehicles. Wright Risk tailors each policy to ensure you’re protected against the risks specific to your operations, such as false arrest or excessive force claims. With robust coverage, you can operate confidently while mitigating potential liabilities.

  • Why is general liability insurance critical for contractors?

    General liability insurance protects contractors from claims involving third-party property damage or bodily injury. For example, if a client’s property is damaged during a project, liability insurance covers repair costs and legal fees. Wright Risk ensures your policy provides comprehensive liability protection, safeguarding your business from financial losses and reputational harm.

  • What does builder’s risk insurance cover?

    Builder’s risk insurance covers materials, equipment, and structures under construction against risks like fire, theft, or weather-related damage. This coverage is essential for contractors to minimize financial loss and avoid project delays. Wright Risk designs builder’s risk policies that align with the scope and scale of your projects, keeping your operations protected.

  • How can contractors protect their tools and equipment?

    Tools and equipment insurance protects against damage, theft, or loss of the essential tools needed for your business. This includes hand tools, heavy machinery, and rental equipment. Wright Risk ensures your policy covers replacement or repair costs, minimizing downtime and keeping your projects on schedule.

  • Does contractors insurance include coverage for subcontractors?

    Subcontractor coverage depends on your policy and agreements. Some contractors require subcontractors to carry their own insurance, while others include subcontractors in their policies. Wright Risk helps you determine the best approach, ensuring comprehensive protection and compliance with contractual requirements.

  • What are the biggest risks contractors face?

    Contractors face risks like workplace injuries, property damage, and project delays due to equipment failure or unforeseen events. Liability claims and compliance issues also pose challenges. Wright Risk addresses these risks with tailored insurance solutions, ensuring you’re protected from all angles, allowing you to focus on delivering quality projects.

  • How do I file a claim for contractor insurance?

    Document the incident thoroughly, including photos and written accounts, and contact Wright Risk immediately. We guide you through the claims process, ensuring quick and efficient resolution with minimal disruption to your operations. Our goal is to help you recover quickly and continue building with confidence.