Restoration Contractor Insurance Requirements for Mitigation Work
- Nate Jones, CPCU, ARM, CLCS, AU
- 3 days ago
- 2 min read
Restoration contractors performing mitigation work face significant risks, from water and fire damage restoration to mold and structural repairs. Understanding insurance requirements for mitigation work ensures your business is protected, clients are confident, and projects stay compliant with industry standards.
1. General Liability Insurance
For mitigation work, general liability insurance is essential. It protects your business against:
Property damage caused during mitigation projects
Bodily injury to clients or third parties
Legal fees arising from lawsuits
Most clients and contracts require proof of general liability before allowing contractors on-site. For more information on general liability coverage, visit the Insurance Information Institute.
2. Workers’ Compensation
Mitigation work can be physically demanding and potentially dangerous. Workers’ compensation insurance covers:
Medical expenses for injured employees
Lost wages due to workplace injuries
Legal protection against employee injury claims
Having workers’ compensation is not only often legally required but also critical for employee safety and business continuity.
3. Commercial Property Insurance
Restoration contractors rely heavily on equipment, tools, and vehicles. Commercial property insurance protects your assets from:
Theft or vandalism
Fire or water damage
Natural disasters affecting storage or work sites
Proper property coverage ensures your business can recover quickly from unexpected losses without project delays.
4. Professional Liability Insurance
Errors or omissions in mitigation work can result in expensive client claims. Professional liability insurance, also known as errors and omissions coverage, protects against:
Claims of negligence or faulty workmanship
Breach of contract disputes
Errors that result in financial loss to clients
This coverage is particularly important for complex mitigation projects where mistakes can be costly.
Why Choose Wexford Insurance
Navigating mitigation-specific insurance requirements can be complex. Wexford Insurance specializes in contractor business insurance and can help restoration contractors secure the right combination of policies. Our team provides guidance, competitive rates, and fast quotes tailored to your business.
