What Does Concrete Contractor Business Insurance Cover?
- Nate Jones, CPCU, ARM, CLCS, AU
- Jan 16
- 2 min read
Operating a concrete contracting business involves significant risks—from on-site accidents to equipment damage and potential legal claims. Understanding what concrete contractor business insurance covers is essential to protect your business, employees, and clients. Proper coverage not only ensures financial security but also builds credibility with clients and partners.
General liability insurance is the backbone of contractor coverage. It protects your business if a third party suffers bodily injury or property damage because of your work. Examples include:
A client slipping on freshly poured concrete
Damage to a customer’s property during a project
Legal fees from lawsuits related to property damage or injuries
This coverage is crucial because even a minor accident can result in costly claims or litigation.
If your concrete business has employees, workers’ compensation insurance is typically required by law. It covers:
Medical expenses for on-the-job injuries
Lost wages due to injury
Rehabilitation costs
Concrete work involves heavy machinery, lifting, and exposure to chemicals, making employees particularly susceptible to injury. Workers’ compensation ensures both your workers and your business are protected.
Concrete contractors rely on expensive equipment, from mixers and trowels to trucks and scaffolding. Commercial property insurance and equipment coverage protect your business assets in cases of:
Theft or burglary
Fire or natural disasters
Accidental damage to tools or machinery
Without this coverage, replacing essential equipment could be financially devastating and disrupt ongoing projects.
Most concrete contractors use trucks or vans to transport equipment, materials, and crew members. Commercial auto insurance covers:
Vehicle accidents
Liability for bodily injury or property damage
Repairs or replacement of company vehicles
This coverage ensures your business can continue operating even after a vehicular incident.
Optional Coverage to Consider
Beyond the core coverages, other policies may be beneficial:
Contractor’s Equipment Floater: Extends protection for specialized or mobile equipment off-site.
Professional Liability (Errors & Omissions): Covers claims arising from mistakes in project planning or execution.
Business Interruption Insurance: Provides income if operations are halted due to a covered loss.
💡 Tip: Tailoring your insurance package to your business’s size, project scope, and location ensures comprehensive protection without unnecessary costs.
How to Get the Right Coverage
To secure proper coverage:
Assess your business operations, number of employees, equipment, and vehicles.
Gather documentation such as licenses, revenue estimates, and equipment lists.
Compare multiple providers for coverage and cost.
Wexford Insurance specializes in concrete contractor businesses and offers customized policies to fit your needs. Start your quote today: Get a Quote from Wexford Insurance.
