What Kind of Insurance Do I Need for an Asphalt Paving Business?
- Nate Jones, CPCU, ARM, CLCS, AU
- Aug 21
- 2 min read
Starting or running an asphalt paving business comes with unique risks—from operating heavy machinery to working on busy roads and commercial properties. Whether you're sealing driveways or paving highways, having the right insurance coverage is essential to protect your business, meet contract requirements, and ensure long-term success.
In this blog, we’ll break down the types of insurance asphalt paving contractors need and how Wexford Insurance can help you find the right coverage tailored to your operations.
Why Asphalt Paving Businesses Need Specialized Insurance
Asphalt contractors face a variety of risks, including:
Property damage to client sites
Injuries to workers or pedestrians
Equipment theft or breakdown
Vehicle accidents during transport
Weather-related delays and liabilities
Without proper insurance, these incidents can lead to costly lawsuits, downtime, and financial loss. That’s why working with an agency like Wexford Insurance, which specializes in the asphalt, paving, and construction industry, is critical.
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Types of Asphalt Contractors We Work With
Wexford Insurance provides coverage for a wide range of asphalt services, including:
Parking Lot Resealing
Driveway Asphalt Sealing
Asphalt Sealcoating
Street, Road, and Highway Asphalt Paving
Commercial Asphalt Paving
Residential Asphalt Paving
Parking Marking
Each type of service comes with its own set of risks and insurance needs, which we help you navigate.
Essential Insurance Coverages for Asphalt Paving Businesses
Here are the core insurance policies every asphalt paving contractor should consider:
Protects your business from third-party claims of bodily injury or property damage. This is often required to bid on commercial or municipal contracts.
Covers vehicles used to transport equipment, materials, and crew members. It protects against accidents, theft, and damage.
Insures your office, storage yard, and any owned buildings against fire, theft, vandalism, and natural disasters.
Protects your paving machines, sealcoating rigs, striping tools, and other essential equipment from damage or theft—whether on-site or in transit.
Required if you have employees. It covers medical expenses and lost wages if a worker is injured on the job.
External Resources for Asphalt Paving Contractors
OSHA Asphalt Worker Safety Guidelines – Review essential safety practices for handling hot asphalt, fumes, and heavy equipment.
Contractor Nerd – State-by-State Insurance Cost Guide – Compare insurance premiums across states and revenue levels to budget effectively.
Spang Law – Common Hazards in Asphalt Paving – Understand the risks involved in asphalt operations and how to mitigate them.
Final Thoughts
Having the right insurance coverage is not just about compliance—it’s about protecting your business, your team, and your future. At Wexford Insurance, we specialize in helping asphalt paving contractors find tailored insurance solutions that meet industry standards and contract requirements.
Whether you're just starting out or scaling your operations, reach out to us to get a quote and learn how we can support your business.