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Coverage Options for Construction Companies

In the construction industry, insurance is required for almost any project undertaken by a general contractor. Without the proper coverage, construction companies face serious complications resulting from potential litigation and financial loss. By working closely with a Newton construction insurance agency, business owners may find the coverage options that are the ideal fit for their company’s specific risks. Understanding the different types of insurance can help you decide what the best option for you is.


General liability offers a wide range of coverage for construction companies, typically under umbrella insurance. In today’s litigious society, it is a good idea to have liability coverage in the case of an accident.

Builder’s Risk

Contractors often need to insure the building that they are working on itself. Builder’s risk policies are designed to cover a building only during the building process, and another policy takes their place upon completion.

Workers’ Compensation

Employees of a construction company are at risk of bodily injury while on the job, but having workers’ compensation can cover the cost of medical expenses and lost wages.


Some municipalities require contractors to have pollution coverage, but it is often wise to invest in this type of insurance anyway, since pollution liability can be a concern.

A Newton construction insurance agency may be able to provide added insight into the correct coverage choices for your unique business necessities.