Maine Contractors Insurance
With unlimited access to a nationwide network of wholesale specialty insurers, our Maine Contractors' Insurance packages shield construction companies from direct lawsuits and third-party claims –
Why do I need Contractors Insurance?
Contractors’ insurance protects against the financial risks present at all stages of business operations.
No matter how you look at it, a construction site remains one of the most dangerous places in the US. A typical workday can involve a wide variety of hazards, including equipment mishaps, dust particles, toxic chemicals, elevated heights, and extreme heat, among many others. Unfortunately, some exposures are discovered through an unanticipated event — resulting in workplace injury or property damage — leaving small business owners jumping through hoops to avoid the impending financial fallout of third-party legal action.
A formidable commercial insurance package will protect against the risks involved with normal day-to-day business operations.
Protect Against the Unpredictable
We encourage Maine contractors to visit their local city, county, or state authority to confirm all licensing and insurance prerequisites before the commencement of operations.
With service you can count on, our insurance experts are standing by to assist Maine contractors with affordable insurance options that suit your business budget and needs.
Our Recommended Products
General Liability
General Liability
Maine contractors’ general liability is a foundational component of a formidable commercial insurance package.
A Maine contractor general liability policy protects against third-party injury and property damage claims due to business products, services, or operations.
Maine contractors’ general liability insurance provides essential coverage for:
- Business Liability
- Contractual Liability
- Products-Completed Operations
- Defense Costs
- And More
Workers' Comp
Workers' Comp
Maine contractors’ workers’ comp insurance provides benefits for occupational injuries or diseases suffered by an employee, regardless of fault.
Maine contractors’ workers’ compensation provides benefits for:
- Medical Services
- Lost Wages
Employers that violate Maine contractor workers’ compensation regulations may be subject to fines and penalties.
Please visit Maine Workers’ Compensation Board to confirm employer laws and insurance requirements.
Surety Bonds
Surety Bonds
A Maine contractors’ surety bond is a consumer protection product that guarantees all obligations are complete per the contractual terms of the bid and subcontractors or vendors paid upon completion.
Maine contractor bonds are like a business line of credit that guarantees the principal (contractor) will adhere to the rules and regulations of their trade.
Depending on the city, county, or jurisdiction, a Maine contractor surety bond may be required to obtain a license or bid on a project.
Commercial Auto
Commercial Auto
Maine contractors’ commercial auto insurance protects business owners against financial liability caused by damaged vehicles and injured occupants of an accident or vehicles damaged by vandalism or theft.
A Maine contractors’ business auto policy financially safeguards company vehicles if a covered driver is liable for an at-fault accident.
Maine contractor commercial auto insurance provides essential coverage for:
- Bodily Injury and Property Damage
- Comprehensive and Collision Damage
- Uninsured and Underinsured Motorists
- Hired and Non-Owned Vehicles
- Medical Payments
- And More
Inland Marine
Inland Marine
A Maine contractor tool and equipment policy — Maine contractors’ inland marine insurance financially covers hand tools, equipment, and material at a job site, transported, or offsite storage.
A Maine contractor inland marine policy provides “installation” and “builders risk” coverage.
Maine contractors’ tool and equipment insurance provides coverage for a broad range of perils, including:
- Theft
- Fire
- Wind
- Hail
- Water Damage
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