Some of our staff is working remotely from their homes. We are committed to continuing to provide the service you have come to expect, and will still be answering phone calls and responding to emails in a timely manner.
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
JMG Insurance Corp Logo

JMG

Personal, Business & Specialty Insurance Brokerage

Our Locations 1-844-304-7332
  • Personal
    • Auto Insurance
    • ATV Insurance
    • Boat & Yacht Insurance
    • Motorcycle Insurance
    • RV Insurance
    • Snowmobile Insurance
    • Flood Insurance
    • Homeowners Insurance
    • Rental Property Insurance
    • Renters Insurance
    • Umbrella Insurance
  • Business
    • Business Owners Policy
    • Auto Insurance
    • Flood Insurance
    • Errors & Omissions Insurance
    • General Liability Insurance
    • Workers Compensation Insurance
  • Life And Health
    • Client Services
    • Compliance
    • Employer Benefits
    • Individual Life and Health
    • Medicare
    • Student Accident & Specialty Coverage
    • Travel Insurance
  • Specialty
    • Car Wash Insurance
    • Commercial Marine Insurance
    • Condominium Insurance
    • Construction Insurance
    • Contractors Insurance
    • Cyber Liability Insurance
    • Franchise Insurance
    • Garage Insurance
    • Habitational Insurance
    • Homebuilders Insurance
    • Limo Insurance
    • Non-Profit Organizations
    • Pool & Spa Contractors Insurance
    • Public Transportation Insurance
    • Rage Room Insurance
    • Restaurant Insurance
    • Retail Insurance
    • School Accident Insurance
    • Special Event Insurance
    • Sports Insurance
    • Woodworkers Insurance
  • Surety
  • Certificates
    • CSR 24 Login
    • High Volume Certificate User
    • Indemnity Agreements
  • Claims
    • First Notice of Claims
  • About
    • Blog
    • Contact
    • Our Companies
    • JMG and SAN Network Partnerships
      • AllKane Insurance
      • SAN Network Partnerships
      • Baio Insurance
      • Beacon Insurance
      • Burlington Insurance
      • Frazao Insurance
      • Lambert’s Insurance
      • Max Fitelson and Son
      • Premier Insurance
      • Rabbett Insurance Agency
      • Svendsen Insurance
      • Westport Insurance Center
    • Testimonials
  • Client Login
  • Make a Payment

What Are The Areas Of Coverage For Construction Insurance

Request a Quote! An insurance quote does not impact your credit score.

Request a Quote

June 28, 2021 by JMG Insurance Corp

The construction industry is undoubtedly a profitable one, but it also features many different types of risks and liabilities. Therefore, it’s essential for businesses in this industry to protect both themselves and the structures they work on. One highly effective way to do this is by acquiring construction insurance. Here is a close look at this form of protection.

Areas Of Coverage For Construction Insurance

The type of construction insurance required for a project generally depends on several factors, including your relationship to this project and whether you’re an individual or a business. Additionally, requirements for construction insurance often vary by state. Thus, be sure to always stay informed about state (and federal) laws and regulations regarding construction.

Coverage areas for construction insurance also typically vary depending on the insurer, the policies they offer, and your chosen limits and deductibles — which depend on your specific coverage needs. However, here are six areas of coverage commonly included in construction insurance policies:

General Liability Insurance

General liability coverage, also sometimes known as “contractor general liability” or “commercial general liability” (CGL) coverage, shields you from two primary types of claims: bodily injury and property damage. This includes coverage of medical expenses after onsite job-related injuries, damages to a customer’s property, or damage created by a product that you installed (i.e. faulty plumbing or other workmanship). Some CGL policies also offer protection against claims related to advertising injuries or defamation (slander).

Builders’ Risk Insurance

Also called “course of construction” (COC) insurance, builders’ risk coverage protects the buildings and other structures you work on during the construction period. Most COC insurance policies cover many different types of construction-related property, including foundations, building materials, temporary items (e.g. scaffolding), lawns and trees, and outdoor fixtures such as fences. Builders’ risk insurance typically covers your structures against damages resulting from vandalism, theft, or weather-related events.

Equipment Insurance

As beneficial as builders’ risk insurance is, it doesn’t cover all types of building materials. If you routinely use more sophisticated construction equipment such as trailers and forklifts for your projects, you will benefit significantly from acquiring specialized equipment coverage. There is also a specific type of equipment coverage known as “inland marine insurance,” which in the construction industry mainly applies to tools and other equipment that developers and contractors use, including those in transit.

Commercial Auto Insurance

This type of insurance coverage, which is legally required in most states, is essential to carry if you or any of your employees regularly use commercial vehicles (cars, trucks, or vans) for construction work. Many commercial auto policies include liability coverage for damages to third parties and medical payments coverage. Some policies also include uninsured motorist coverage and protection against theft, vandalism, and natural disasters.

Workers’ Compensation Insurance

Also called “workmans’ comp, this type of insurance is designed to shield you as a contractor or business owner if one of your employees becomes injured or falls ill on a construction job. In these cases, workers’ compensation insurance generally covers the cost of medical bills, missed wages, and legal fees in the event of a lawsuit from your employee. Laws concerning requirements for workers’ comp vary by state, so be sure to check these for your location.

Construction Bonds

Also called “contract bonds” or “surety bonds,” construction bonds are designed to “guarantee” the completion of certain parts of a construction project. Common examples of construction bonds include payment bonds, which ensure that a contractor pays subcontractors, suppliers, and laborers, and subdivision bonds, which ensure to a city or another local municipality that you (the bond-holder) will build a structure by adhering to all local requirements and guidelines.

Get Construction Insurance From JMG

Reach out to the experts at JMG Insurance Corp for more information on the many areas of coverage for construction insurance. Since 1916, we have been dedicated to providing high-quality insurance solutions to clients throughout Connecticut, New Jersey, New York, Hawaii, and Massachusetts. As an independent agency, we work closely with several well-known and reliable insurance carriers.

If you work in the construction industry, you will benefit substantially from purchasing construction insurance, whether you’re a one-man operation or own a business with many employees. Our policies include two primary coverage areas: builders’ risk insurance and commercial and contractor general liability insurance.

The former coverage will shield your buildings against incidents of vandalism, theft, and storm damage, while the latter protects you against claims associated with faulty workmanship, job-related injuries, advertising injuries, and defamation. If you don’t carry construction insurance, you may likely struggle to obtain contracts and put your team and projects at risk.

Call JMG Insurance Corp today at (844) 415-0813 or contact us online to learn more about our policies or to request a free insurance quote.

Primary Sidebar

Get Started!

  • *If your state is not shown, then JMG may not have a market for this state.
  • This field is for validation purposes and should be left unchanged.

Footer

JMG Insurance Corp Logo

JMG Insurance Corp has been serving the insurance needs of our clients in Connecticut, New York, New Jersey, Massachusetts, Rhode Island and Hawaii since 1916.

  • About Us
  • Blog
  • Careers
  • Contact Us
  • Our Locations
JMG Insurance Corp 29 Haviland Street Norwalk, Connecticut 06854 1-844-304-7332 1-203-857-7848
Google Rating
4.8
John M. Glover Insurance Agency
John M. Glover Insurance Agency
4.8
Tammy Weiner
Tammy Weiner
14:53 09 Aug 23
Amazing personalize service. They were able to consolidate all of my insurance needs and save me a lot of money, while also upgrading my coverage and making sure all of my needs were met even in potential unforeseen circumstances. Would highly recommend, and I have not been so pleased with an insurance agency in many many years.
Dani
Dani
14:24 06 Aug 23
I have held multiple insurance policies through the John Glover agency, for as long as I can remember. The company is wonderful! All of the staff members are kind, personable, compassionate, and speedily efficient! I highly recommend them!
Chris R.
Chris R.
11:34 25 May 23
I have been a client (auto, home, and umbrella) for several years. The entire team at the agency is excellent. Francesca is always prompt in getting back to me, and the claims group is great. I also purchased a life insurance policy through them as well.
William Schrade
William Schrade
18:25 26 May 23
I'm so pleased with the service at JMG Agency. They shopped and saved me money on my policy even when I didn't request it. I needed insurance in another state where they are not licensed to sell but they went the extra mile and found an agency to rewrite my policy saving me almost 50%. I have complete trust in my agent Francesca and her assistant Crystal. I highly recommend this agency.Bill Schrade
Melanie Craig
Melanie Craig
11:13 08 Aug 23
Our agent
See All Reviews
powered by Google

© 2025 JMG Insurance Corp · Powered by 321 Web Marketing · Website Privacy Policy

Link to company Facebook page

Link to company Instagram page

Link to company LinkedIn page