How to Get Restoration Contractor Business Insurance for Your Company
- Nate Jones, CPCU, ARM, CLCS, AU
- 3 days ago
- 2 min read
Running a restoration contracting business comes with unique risks—from property damage claims to workplace accidents and client disputes. Protecting your company with restoration contractor business insurance is essential to safeguard your finances, maintain client trust, and comply with legal requirements. Here’s a step-by-step guide to help you secure the right coverage.
1. Understand Your Coverage Needs
Before shopping for insurance, assess the types of coverage your business requires. Common options for restoration contractors include:
General Liability Insurance: Covers property damage, bodily injury, and legal defense costs if a client or third party is harmed during your work.
Workers’ Compensation: Protects employees injured on the job and shields you from liability claims.
Commercial Property Insurance: Covers damage or loss to equipment, tools, and office or warehouse spaces due to fire, theft, or natural disasters.
Professional Liability: Protects against claims of errors, omissions, or negligence in the services you provide.
Consider your project types, team size, and client requirements when choosing coverage. High-risk jobs, like water or fire damage restoration, may require higher liability limits.
2. Find the Right Insurance Provider
Working with an insurance company experienced in restoration contracting is crucial. They can guide you to the most relevant policies and ensure your coverage aligns with your business operations. Wexford Insurance specializes in contractor business insurance and offers tailored solutions to meet your specific needs. You can request a personalized quote directly here.
3. Compare Quotes and Policies
Always compare multiple insurance providers to find the best balance of coverage and cost. Evaluate:
Policy limits
Exclusions
Deductibles and premiums
Customer service and claims support
4. Keep Policies Updated
As your business grows, your insurance needs will change. Review your policies annually and adjust for:
New equipment or vehicles
Larger or more complex projects
Additional employees or subcontractors
Regular updates prevent coverage gaps and protect your company from unforeseen risks.
Why Choose Wexford Insurance
With years of experience in contractor business insurance, Wexford Insurance simplifies the process of getting covered. Our team can help you understand your options, select the right policies, and secure a competitive rate.
👉 Request a restoration contractor insurance quote from Wexford Insurance and protect your business from unforeseen risks.
