The time is now — to stop overpaying for coverage!
A couple minutes can save you up to 65% or more with the nation’s top maintenance contractors’ insurance programs –
Contractors’ insurance protects against the financial risks present at all stages of business operations.
Maintenance contractors specialize in maintaining and servicing properties or structures, exposing them to various risks such as falls, injuries from objects, and property damage while handling machinery and performing routine maintenance activities. Adequate coverage is essential to shield employees from job-related injuries or damage incurred during these tasks. Securing the right insurance is the most pragmatic approach to attain financial protection in unforeseen circumstances.
The construction specialist at Fairbanks Insurance Brokers recommend a robust commercial insurance portfolio to safeguard against unforeseen perils.
Maintenance contractors’ general liability insurance stands as a pivotal element in a comprehensive commercial insurance strategy.
This indispensable coverage shields your business from third-party injuries at the worksite or property damage caused by you or your workers when your company is deemed responsible.
Given that these professionals often operate in the presence of clients, having liability insurance for maintenance contractors serves as the primary defense against potential lawsuits arising from injuries.
The nature of maintenance operations, involving tasks such as equipment repairs and structural maintenance, exposes the industry to a heightened risk of injuries.
Maintenance contractors’ workers’ compensation offers protection to your workers in the event of injuries or illnesses resulting from job-related incidents.
This coverage aids in covering medical expenses, lost wages, and funeral expenses, providing financial support to employees during challenging times.
Most states mandate business owners with employees to maintain workers’ comp insurance for maintenance contractors before commencing business operations.
Various state licensing boards require a maintenance contractor bond to activate a contractor’s license.
A maintenance contractors’ surety bond serves as a financial guarantee that an awarded project will be completed as agreed upon in a bid, instilling confidence in clients and regulatory bodies.
A maintenance contractors’ commercial auto policy extends coverage to your business vehicles for liability in the event you or an insured driver are found liable for an at-fault accident.
This insurance also safeguards your business vehicles and trailers against damages resulting from accidents, theft, or vandalism.
Also known as maintenance contractors’ tool and equipment insurance, an inland marine policy for maintenance contractors reimburses you and your business for damages or theft of tools and equipment at the worksite or during storage.
Given the potentially high replacement cost of professional maintenance equipment, we strongly recommend maintenance contractors acquire our cost-effective and invaluable tool and equipment coverage.