CONTRACTORS

Contractor Insurance

Protecting projects, people, and contractual obligations

Contractors operate in high-risk environments where jobsite safety, contractual requirements, and financial exposure intersect. From bodily injury and property damage to project delays and compliance issues, contractor risk exists on every job — regardless of size.

A properly structured insurance program is essential to protecting projects, cash flow, and long-term growth.

Key Risks in Contractor Operations

Contractors face exposure related to:

• Jobsite injuries and workplace safety

• Property damage to client or third-party property

• Contractual insurance requirements and indemnification

• Use of subcontractors and independent labor

• Vehicle and equipment exposure

• Project delays and dispute-related claims

Even routine jobs can result in severe losses.

Core Coverages for Contractors

Contractor insurance programs typically include:

General Liability
Protects against bodily injury and property damage claims arising from construction operations.

Workers’ Compensation
Provides statutory benefits for employees injured on the job and protects employers from workplace injury claims.

Commercial Auto
Covers vehicles used for business operations, including trucks and vans.

Builders Risk
Protects structures and materials while projects are under construction or renovation.

Umbrella / Excess Liability
Provides additional limits for high-severity jobsite or auto claims.

What’s Commonly Overlooked

Contractor insurance programs are often weakened by:

• Improper classification of operations or trades

• Missing additional insured or waiver endorsements

• Inadequate limits to meet contract requirements

• Misclassification of subcontractors

• Gaps between builders risk and liability coverage

These issues often arise when certificates are reviewed or claims occur.

Real-World Claim Examples

• A worker is injured on a jobsite

• A contractor damages an existing structure

• A vehicle accident occurs while transporting materials

• A fire damages a partially completed project

Without proper coverage, contractors can face work stoppages or financial strain.

Why Proper Placement Matters

Contractor coverage varies significantly based on:

• Trade type and scope of work

• Jobsite environment and risk controls

• Contract language and insurance requirements

• State-specific workers’ compensation laws

Improper placement can delay projects or lead to uncovered losses.

Our Approach

At Cory Washington & Co., we approach contractor insurance with a job-specific mindset. We align coverage with trade operations, contract requirements, and project timelines — ensuring protection supports performance, not disruption.

Strong projects depend on strong coverage.