Contractors Insurance Humble, TX
Reliable Contractor's Insurance for all Home Service Trades
At Lee Insurance Agency, we offer contractors a wide range of insurance coverage options for their businesses. Whether you want to protect your business from a worker’s comp claim, a claim for materials stolen from a work truck, or damages to a nearby business or home due to your construction, you need contractors’ insurance.
Contractors’ insurance isn’t one single insurance coverage. Rather, a contractor’s policy bundles several types of insurance coverage.
We carefully evaluate your unique industry risks and determine the type of business insurance coverage you need, whether you work in HVAC, plumbing, roofing, electrical contracting, construction, or a similar industry.
Contact our team today at 281-812-8400 or complete our commercial insurance quote form to receive a no-obligation contractor’s insurance plan designed to protect your business.
Have Questions?
Whether you’re ready to uncover better asset protection or you just have questions for our experienced team of insurance professionals, we’re always here to help!
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Navigating the complex road of commercial and business insurance can be daunting without the right agency by your side. Complete our business insurance questionnaire and get a detailed insurance quote specific to your exact needs.
What Is Contractors Insurance and Why Is It Important?
Contractors insurance typically includes general liability coverage, builder’s risk insurance, worker’s comp insurance, and other policies. A solid contractors policy should cover business operations, fleet vehicles, worker injuries, property damages, and equipment loss.
Insurance coverage for your business protects you if you damage a job site, an employee is injured on the job, or a customer files a lawsuit against you. With appropriate insurance coverage, you won’t have to shut down your contracting business if a customer, employee, subcontractor, or other party sues you for negligence. Even if a court case resolves in your favor, hiring a legal team and paying court costs could close your doors permanently.
What kind of contractor’s insurance should you have? Insurance policy needs will differ among contractors depending on the size of the business:
You will need a business owners policy (BOP), which includes general liability insurance for contractors, property damage liability coverage, and tools and equipment coverage. You will also need separate worker’s compensation insurance.
You may need to add coverage for cyber, inland marine, employment practices, and errors and omissions (E&O) insurance. It’s important to understand what different insurance companies will offer you in coverage compared to the insurance requirements your company may have had for previous jobs.
Large contracting companies need the same types of insurance as medium contractors, with higher liability limits (the total amount an insurance company will pay for a claim).
What are the Insurance Coverages a Contractor Needs?
At Lee Insurance Agency, we can help you build a custom contractors insurance package that best suits your needs, whether you’re a home remodeler, painter, handyman, carpenter, or general contractor. We can help you obtain your required and additional coverages to operate safely in Humble and the surrounding areas, including:
This operational insurance protects you from claims due to daily activities associated with your contracting business.
Tools and Equipment Insurance
Protect hand tools valued under $500 with blanket coverage under your tools policy. Your equipment insurance will cover larger items like welding equipment, generators, pressurized air systems, and more.
Builder’s Risk Insurance
Also called Course of Construction (COC) insurance, this policy protects property under construction from damage, theft, vandalism, weather, fire, and other hazards.
Protect yourself and your employees from work injuries with worker’s compensation insurance. Employees of subcontractors who don’t have worker’s compensation insurance can file a claim through your policy, and you should require all subcontractors to have their own worker’s compensation policies.
If you use a personal vehicle to drive to work sites, you should protect your vehicle from accidents with business auto insurance. Business auto insurance will cover damage to your vehicle and injuries sustained within your vehicle. Your private car insurance likely won’t cover damage to your vehicle if you were using your car for business purposes at the time of an accident.
Depending on the type of contracting work you do, you may need specialized coverage.
Ask your Lee Insurance agent about the recommended coverage options for your industry.
Contractors' Insurance FAQs:
We’ve answered some of the most commonly asked Contractors’ Insurance questions.
Contractors’ insurance is a specialized policy designed to protect contractors from risks such as property damage, liability claims, and workplace injuries. It’s essential for safeguarding your business as well as meeting both client and legal requirements.
Coverage typically includes general liability, workers’ compensation, tools and equipment protection, commercial auto, and sometimes professional liability or errors and omissions insurance.
While Texas does not mandate general liability insurance for contractors, certain types of insurance, like workers’ compensation, may be required depending on the project or by specific clients. Additionally, many contracts and municipalities in Texas require proof of insurance before allowing contractors to work on a job site.
General liability insurance covers third-party claims for bodily injury, property damage, and related legal expenses. For example, if a client or bystander is injured at a job site, this coverage helps mitigate financial risks.
Subcontractors may not be automatically covered under your policy. It’s essential to verify their insurance or add them to your policy as needed to ensure adequate protection.
Premiums are based on factors such as the size and scope of your business, type of work performed, annual revenue, number of employees, and claims history.
Without insurance, you risk paying out-of-pocket for damages, legal claims, medical expenses, and/or equipment losses. Lack of adequate insurance coverage can lead to contract violations, penalties, and significant strain on your business.
Yes! Policies can be tailored to fit your business needs, including coverage limits, additional insured endorsements, and specialized coverage for tools, equipment, or high-risk projects.
Once coverage is established, you will receive a certificate of insurance (COI) from your insurer, which you can share with clients to demonstrate that your business is covered.
In the case of an incident, contact your insurance provider immediately with details about the event. The claims process typically involves an investigation and documentation of losses to determine reimbursement.
Secure a Reliable Contractors Insurance Plan Now
If you are in need of reliable contractor’s insurance, turn to Lee Insurance Agency.
We are a Trusted Choice® Agency, meaning that we follow the accredited Pledge of Performance promises for the highest quality customer service in the insurance industry. We offer a range of insurance options, plain-language policies, and experienced local coverage from a team that is always in your corner.
Contact us today at 281-812-8400 for a free contractor’s insurance quote!
