Contractors Insurance in Missouri & Illinois
Contractors work in other people's homes and businesses every day, often with expensive tools, company vehicles, and crews on the job. A single accident, from a leaking pipe fitting to a ladder falling through a window, can lead to costly claims. At The Milburn Agency in Florissant, MO, we help plumbers, HVAC technicians, carpenters, painters, and other trade professionals across St. Louis and Missouri find contractors insurance built around the work they do.
What Does Contractors Insurance Cover?
Contractors insurance is typically a combination of policies designed to protect your business, your equipment, and your employees. Common coverages include:
- General Liability Insurance: Protects against claims of bodily injury or property damage caused by your work, such as water damage from a plumbing repair or a customer tripping over materials on a job site.
- Completed Operations Coverage: Covers claims that arise after a job is finished, such as a furnace installation that later causes damage to a home.
- Tools and Equipment Coverage: Also known as inland marine coverage, this protects your tools, ladders, and equipment whether they're in your truck, at a job site, or in storage.
- Commercial Auto Insurance: Covers the vans, trucks, and trailers you use to get to jobs and haul materials.
- Workers' Compensation Insurance: Pays medical expenses and lost wages for employees injured on the job, and is required for many construction businesses in Missouri.
- Contractor License and Permit Bonds: Helps you meet bonding requirements set by many cities and counties before you can pull permits or begin work.
- Commercial Umbrella Insurance: Adds extra liability limits above your primary policies for larger claims or contracts that require higher coverage.
Who Needs Contractors Insurance?
Contractors insurance is important for trade businesses of every size, from sole proprietors to growing companies with multiple crews. We work with a wide range of contractors, including:
- Plumbers and plumbing contractors
- HVAC installers and service technicians
- Carpenters, framers, and finish carpenters
- Painters and drywall contractors
- Electricians
- Handymen and remodeling contractors
- Flooring, tile, and cabinet installers
Benefits of Contractors Insurance
The right contractors insurance helps protect your livelihood and can help you win more work. Key benefits include:
- Financial protection against customer property damage and injury claims
- Coverage for the tools and equipment your business depends on
- Certificates of insurance to meet requirements from general contractors, property managers, and homeowners
- Support for employees who are injured on the job
Contact Us for Contractors Insurance
Every trade carries its own risks, and The Milburn Agency is here to help you find coverage that fits. Our team in Florissant, MO, can review your operations and help you compare contractors insurance options from our partner carriers. Contact us today to request a quote or get answers to your coverage questions.
