Concrete Contractor Insurance in Northwest Ohio
If you own a concrete contracting business, you know that every job comes with risk. Your crews are working around heavy equipment, trucks, tools, employees, subcontractors and customers. One accident can turn a profitable project into a major financial problem.
That is why choosing the right concrete contractor insurance is about more than simply finding the cheapest premium.
At Frost Insurance Agency, we work with contractors throughout Northwest Ohio to build insurance programs designed around how their businesses actually operate. If you are a concrete contractor in Napoleon, Archbold, Defiance, Bryan, Wauseon, Toledo, Perrysburg, Whitehouse or surrounding communities, we would be glad to put our markets to work for you.
What Insurance Does a Concrete Contractor Need?
Every concrete contractor is different, but a properly designed insurance program may include several important coverages.
1. General Liability Insurance
General liability is one of the most important coverages for a concrete contractor.
It can provide protection when your business is responsible for bodily injury or property damage arising from your operations. This can become especially important when your crews are working on commercial properties, construction sites, driveways, foundations, sidewalks or other customers’ property.
Your contracts may also require specific liability limits, additional insured status, waiver of subrogation or other insurance requirements.
The right policy needs to be built around the contracts and work your company actually takes on.
2. Commercial Auto Insurance
Concrete contractors often depend heavily on their vehicles.
Pickup trucks, dump trucks, trailers and other commercial vehicles can represent a significant part of your operation. If your company owns or operates vehicles, commercial auto insurance needs to be properly coordinated with the rest of your insurance program.
We can help review your vehicles, drivers, radius of operations and how the vehicles are actually being used so you aren’t relying on a generic auto policy that doesn’t fit your business.
3. Workers’ Compensation
Your employees are one of your most important assets — and concrete work can be physically demanding.
Workers’ compensation is a critical part of protecting both your employees and your business when workplace injuries occur.
Beyond simply purchasing workers’ compensation, we believe contractors should have a plan for managing claims, improving workplace safety and controlling long-term workers’ compensation costs.
4. Equipment and Tools
Concrete contractors can have substantial investments in equipment and tools.
Depending on your operation, that might include concrete saws, finishing equipment, skid steers, loaders, compactors, generators, pumps and other mobile equipment.
Your insurance program should account for the equipment you own, where it is stored and how it is transported and used.
5. Contractor’s Equipment
Equipment that moves from jobsite to jobsite creates its own set of insurance considerations.
A contractor’s equipment policy can be an important part of protecting equipment from covered causes of loss while it is being used in your contracting operation.
We can help identify what equipment needs to be scheduled, what may be covered under blanket limits and where potential gaps may exist.
6. Umbrella Liability
As your concrete business grows, your liability exposure grows with it.
A serious accident involving one of your vehicles, employees or jobsites could potentially result in a claim that exceeds the limits of your primary liability policies.
A commercial umbrella can provide an additional layer of liability protection above underlying policies, subject to its terms and conditions.
For many established contractors, it is worth having a conversation about whether their current umbrella limits adequately match their assets, contracts and potential exposures.
Don’t Forget About Your Contracts
One of the biggest mistakes contractors can make is looking only at the insurance policy and ignoring the contracts behind the work.
A general contractor or project owner may require specific insurance provisions before allowing your company to begin work.
You may be asked for:
- Additional insured status
- Waiver of subrogation
- Primary and noncontributory wording
- Specific liability limits
- Commercial auto limits
- Workers’ compensation requirements
- Certificates of insurance
- Evidence of completed operations coverage
Having an insurance agent who understands construction contracts can help prevent surprises after you have already been awarded the job.
Why Concrete Contractors Should Shop Their Insurance
Your business changes as it grows.
Maybe you have added trucks. Maybe you bought new equipment. Maybe you started taking on larger commercial projects. Maybe you hired additional employees or started working for larger general contractors.
Your insurance program should change with you.
And even if your current insurance company has treated you well, it can still make sense to have another experienced independent agency review your program periodically.
At Frost Insurance Agency, we represent multiple insurance companies. That gives us the ability to compare different markets rather than automatically placing your business with the same company every year.
Our goal isn’t simply to find you the lowest price.
Our goal is to find the right combination of coverage, risk management and competitive pricing for your business.
A Local Independent Agency for Contractors
Frost Insurance Agency has been serving businesses and families since 1945. Our team works with contractors and other businesses throughout Northwest Ohio.
We understand that contractors don’t want an insurance agent who simply sends a renewal invoice every year.
You need someone who will help you understand your exposures, review your contracts and certificates, identify coverage gaps and help you make informed decisions as your business grows.
Whether you operate a small concrete company or have a larger operation with multiple crews, trucks and significant equipment, we would welcome the opportunity to review your current program.
Ready to Have Frost Quote Your Concrete Business?
If you are a concrete contractor in Northwest Ohio and haven’t had your insurance program competitively reviewed recently, let’s take a look.
Send us your current insurance information and let Frost Insurance Agency put our markets to work for you.
There is no obligation to move your insurance. We will review your current program, look for potential coverage gaps and see whether we can provide a better overall solution.