To
discuss your Construction Insurance with one of our professional
commercial lines representatives
today, call 905-886-5630 or
toll free at 1-800-567-1279,
or fill out the online quote
form.
A
Construction Package covers the business operations of trade
contractors including air conditioning, carpentry, electrical,
gardening, landscaping, plumbing roofing, window cleaning and
others. This package principally covers property and liabilities
associated with contracting activities. Some of the coverages included
in this package are for:
- Equipment
and tools for loss, destruction and damage while in transit
or on any site.
- Work
materials carried with trades persons or used on a work site.
- Office
contents coverage including items such as office furniture,
computers and supplies.
- Accounts
receivable due to loss or damage to records.
- Tenant's
legal liability covering for compensatory damages and defence
costs arising from legal liability due to accidental property
damages at premises of which you are a tenant.
- Non-owned
automobile liability covering legal liability to non-owned vehicle
for your business. In addition this covers hired automobiles.
- Commercial
general liability covering compensatory damages and defence
costs arising from contractual or legal liability for business
activities and completed work anywhere in Canada.
Contractors'
Equipment Floater is used to insure moveable equipment such
as power shovels, drag lines, cranes, conveyors, power drills,
concrete mixers, caterpillar tractors, engines and other equipment
and machinery used in construction. This coverage may protect
against broad risks or specific named perils.
Valuable
Papers covers loss or destruction of valuable papers such
as mortgage records, financial data, product specifications and
merchandise records, customer lists, construction plans and blueprints,
prescriptions and manuscripts. This coverage is part of a Commercial
package.
Optional
coverages include bonds, building coverage, builders
risk, computer breakdown, crime coverages, customers
property, installation floater, and others.
Builders Risk policy covers an entire building or other
structure during the course of construction, including the building
supplies and materials that will become part of the covered structure.
The entity insured is usually the owner or the builder or perhaps
both.
Installation Floater usually covers property installed
at a work site by a particular contractor or subcontractor. The
coverage normally applies while the property is in transit, in
temporary storage, and during the installation and testing process.
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