Most state licensing boards require contractors’ workers’ compensation insurance to financially protect employees if they become injured or ill on the job.

Paving contractors’ workers’ compensation coverage pays medical expenses and lost wages for employees unable to work from a job-related injury or illness.

In many U.S. states, employers that fail to carry contractors’ workers’ compensation coverage can face heavy fines, lawsuits, and criminal charges.

Since paving contractors use heavy trucks and mobile equipment, a commercial auto policy will financially protect if found liable for an at-fault accident or incident.

Contractors’ commercial auto insurance provides up to $1 million combined single limits.

Paving contractors’ commercial auto insurance protects your business vehicles if damaged in an accident, stolen, or other covered peril.

Most private and governmental project owners or managers require a contractors’ surety bond from the start of the bidding process until the project is complete.

The contractors’ surety bond is a financial guarantee that the contractor will perform according to the terms of the project agreement.

Paving contractors’ surety bonds benefit consumers damaged from defective construction or other license law violations and employees who have not been paid wages due to them.

A paving contractors’ surety bond acts more like a business line of credit than a contractors’ insurance policy.

Contractors’ inland marine insurance provides broad coverage for tools and mobile machinery.

Paving contractors’ tools and equipment coverage financially safeguard tools and equipment while at the job site, in transit, or in storage between projects.

Paving contractors’ tools and equipment insurance protects against fire, theft, and other covered perils.