Insurance for Construction Companies and Contractors

Knight-Dik Insurance knows construction. We understand how accidents, project delays, quality control, theft and vandalism, and contractual guarantees represent just a handful of the potential risks that keep contractors up at night.

Whether you’re a trade contractor, general contractor or heavy contractor, we will assist you in selecting the right coverage from the right insurance carrier. With access to all the major insurance carriers, plus an array of specialty markets for tougher risks, our construction specialists will help you achieve the greatest value for your insurance and risk management investment.

Interested in learning more about insurance for your business? At Knight-Dik Insurance, we’ll work with you to design coverage that protects your business from a variety of risks, unique to you. For a free insurance premium analysis, simply contact us or call 800-286-6353.

TRADE CONTRACTORS
Plumbing, HVAC, electrical, welding, concrete, excavating, carpentry, painting, drywall, roofing, trees, masonry, cleaning, appliance technician, machinery install

GENERAL CONTRACTORS
Commercial construction or renovations; residential home building or remodeling, and, institutional buildings (government, educational, cultural)

HEAVY CONTRACTORS
Roads, small bridges, communications lines and structures, irrigation or drainage construction, and sewer, water or steam mains

Insurance and Risk Management Solutions for Contractors

Business Owner Policy for Manufacturers

This policy covers basic construction and contracting risks, including slip-and-fall accidents, damaged customer property and libel or slander lawsuits. It’s an easy way to cover multiple risks without having to settle for a one-size-fits-all policy that wastes money on coverage that you don’t need.

Learn About KD Business Owner Policies

Workers’ Compensation Insurance

This policy can help pay for an injured employee’s immediate medical costs (e.g., emergency room expenses) and ongoing medical costs (e.g., physical rehabilitation), as well as partial lost wages while the employee is unable to work.

Learn About KD Workers’ Comp Results Program

General Liability
Insurance

This policy covers basic construction and contracting risks, including slip-and-fall accidents, damaged customer property and libel or slander lawsuits.

Learn About KD General Liability Insurance

Commercial Property Insurance

This professional liability insurance policy for contractors – also called errors and omissions insurance – helps cover legal expenses when a construction error leads to a lawsuit.

Learn About KD Commercial Property Insurance

Commercial Auto Insurance

This policy for construction businesses can pay for property damage and medical bills in an accident. It can also cover vehicle theft, vandalism or weather damage.

Learn About KD Commercial Auto Insurance

Surety Bonds

Often used for government contracts, a surety bond guarantees that a large investment in a project is not lost – whether or not the work gets done.

Learn About KD Surety Bonds

Contractor’s Tools and Equipment Insurance

This policy helps pay for repair or replacement of a construction or contracting professional’s tools (up to $500 in value) and equipment (e.g., welders, generators, nail guns, etc.) if they are lost, stolen, or damaged.

Inland Marine

This policy provides coverage for business property, such as products, tools and equipment, while it’s in transit over land or being stored at an off-site location.

Builder’s Risk Insurance

Also known as course of construction (COC), builder’s risk insurance can pay for damage done to a structure still under construction or renovation, including worksite theft, vandalism and fires. Lenders will require it before issuing construction financing.

Construction / Contractor Success Stories

A Large Fire Suppression Installation Company In The Boston Area With 55 Employees And Revenues Of $18 Million

A Large Fire Suppression Installation Company In The Boston Area With 55 Employees And Revenues Of $18 Million

Another WorkersComp Results Program Success Story: A Large Fire Suppression Installation Company In

Large Information Technology Contractor Based In Northern New Jersey With 132 Employees And Revenues Of $32 Million Doing Work In Both New Jersey And New York City

Large Information Technology Contractor Based In Northern New Jersey With 132 Employees And Revenues Of $32 Million Doing Work In Both New Jersey And New York City

A large Information Technology Contractor in Northern New Jersey with 132 employees and revenues of $32 million doing work in both New Jersey and New York City had seen premium increases of over $300k.

Large Boston-Area Fire Suppression Installation Company Gets Costs Under Control After Numerous Workers’ Comp Claims

Large Boston-Area Fire Suppression Installation Company Gets Costs Under Control After Numerous Workers’ Comp Claims

A large fire suppression installation company in the Boston area with 55 employees and revenues of $18 million was seeing high premiums after numerous workers' comp claims.

12 Next