01Required by GCs & owners
General liability
Injury and property damage from your work, including completed operations after the job is done. Contracts usually add additional insured and waiver of subrogation.
Coverage
What contractor insurance covers
Most contractors carry a core of five or six lines, and the contract decides the limits. Here is each one, and who asks for it.
02Required by state law
Workers’ compensation
Medical bills and lost wages when someone on your crew is hurt. Class codes and payroll drive the price, so they need to be right.
03Required by state law
Commercial auto
Liability and physical damage for the trucks and vans your crew drives between the yard and the job.
04Required by lenders & rental yards
Tools & equipment
Inland marine coverage for tools, equipment and machinery wherever they are, including rented and leased equipment.
05Required by project owners
Builder’s risk
The structure and materials on site while a project is being built or renovated.
06Required by contracts
Umbrella / excess
Extra limits above your GL, auto and employer’s liability when a contract calls for $2M, $5M or more.
07Required by project specs
Contractor’s pollution
Mold, silica, lead, fuel and other pollution claims that a standard GL policy excludes.
08Required by license boards
Surety bonds
License, bid, performance and payment bonds, so you can get licensed and win the work.
Send us the contract or its insurance exhibit and we read every requirement against your policies before you sign. That review is included with every Morrow account. Get a quote