How to Find the Best Contractors Insurance Company
As a contractor, it’s incredibly important that you have the right general liability, workers compensation, and commercial auto insurance policies in place to help safeguard your business over time. With a wide variety of insurance brokerages out there, how can you be sure you’re choosing the ideal one to meet your particular requirements?
Below are a few tips to help you during your search to find the best contractors insurance company:
1. Make Sure the Company Offers the Coverage(s) You Need
Different contractors have different insurance needs, so it’s important to ensure the company you’re considering offers the specific coverage that’s right for you. For example, if you work in a high-risk industry, you may end up needing more comprehensive coverage than someone who works in an industry with less inherent risks.
2. Look for a Company with Extensive Experience Insuring Contractors
As a contractor, you want to make sure you’re working with a company that knows the ins and outs of contractors insurance. Their agents should have no trouble thoughtfully answering any questions you have, and helping you pinpoint the coverages that will serve your business well. Ultimately, a good contractors insurance company is one that has the experience, knowledge, and resources to offer effective policies that address a range of concerns. Failing to have your business thoroughly protected from the start can prove extremely problematic down the line.
3. Get Quotes from Multiple Companies
While it may be somewhat tempting to do so, don’t immediately sign up with the first company you find. Getting quotes from several different companies gives you the opportunity to compare rates and various coverage options. This will help you ensure you’re getting the best possible deal on your insurance. Investing the time and effort to evaluate viable options can help provide peace of mind once you’ve made your informed decision.
4. Read Reviews Before Making a Decision
When you’re looking at different insurance companies, be sure to read online reviews to see what actual customers have to say about their experience. This can give you some valuable insight into the level of customer service and support you can expect from the company. As the insurance companies themselves are always going to seek to portray themselves in the best light possible, evaluating feedback from those that have worked with them can give you a better sense of what to expect.
We hope that these tips will help you find the best contractors insurance company to work with. With the right coverage in place, you can rest assured that your business is protected in case of an accident or unexpected event. As a top insurance brokerage for California construction companies and independent contractors, Built Insurance is here to get you the policies you need to thrive while providing world-class service. To learn more, please give us a call at (805) 413-4331, or request a quote online.