Excavations are one of the riskiest constructions jobs there is. As such, it’s critical you have a partner that understands the risks involved and can procure a comprehensive, specialized insurance program that will respond to the various exposures you face. That partner is Sine Insurance Group.
We work with several leading insurance companies and can provide you with specialized insurance coverage that serves your unique needs and covers your varied operations. This includes everything from site preparation, septic installation, drainage system maintenance, land grading, and roadwork.
Policies Designed For Your Business
One of the key policies required for excavation contractors is general liability. If your construction or contracting firm is accused of, or found legally liable for, bodily injury or property damage that is caused by your business operations, this policy will offer defense coverage and the financial reimbursement needed to restore your business. You also need a host of other coverages including:
- Property Insurance
- Business Interruption
- Equipment Breakdown
- Contractors Professional Liability
- Contractors Pollution Liability
- Commercial Automobile
- Commercial Umbrella
- And More
In addition, you have a legal obligation to pay employee’s medical bills and lost wages from job-related injuries or illness, making workers’ compensation insurance coverage vital. Another factor to keep in mind is if you hire sub-contractors, make sure they have workers’ compensation coverage as well. Otherwise, you will be charged a premium just as if they were your employees.
In addition to procuring the right workers’ compensation coverage, a sound safety plan is key to running a successful excavation business. Our staff can help with not only your insurance needs but also provide assistance with your safety program.