Protect your general contractor profits in Denver, CO, with a watertight insurance plan. There’s no doubt, it’s a competitive market out there. Sure, business is good. But in a city banking $9.4 billion in 2018 new starts, are you keeping that growth safe?
At 1-5% of construction costs, effective Builder’s Risk is an excellent way to safeguard your business. Let’s look at how to get the most out of Builder’s Risk and secure your earnings.
Protect your General Contractor Profits in Denver, CO
1. Do Some Research
With one-fifth of Denver workplace accidents happening in construction, this goes for Workers Comp and Liability Insurance, too. We can help with this. We have professionals with expertise in Denver’s contractor market. We’ll get you the right coverage.
2. Know What Your Policy Covers
Builder’s Risk is a comprehensive policy – but not standardized. Different brokers may exclude certain types of coverage. Wind, fire, rain and lightning are almost certainly included. But earthquakes, floods, faulty workmanship and even losses covered by ‘other insurance’ might be left out. Protecting job sites with CCTV and alarms keeps your assets safer from external theft. But with Denver’s growing workforces, employee theft is an increasing risk and a frequent exception to Builder’s Risk.
To protect your general contractor profits in Denver, CO, it’s best to check and double-check.
You want the lowest price, and a policy that gives coverage for the risks you face. While also saving you money by excluding those you don’t. Focusing exclusively on Contractors Insurance, we know where to find the best policies for you.
You can streamline without cutting corners. You can cheaply adapt your coverage with necessary extensions, depending on your exposures. Policy extensions that protect your general contractor profits in Denver, CO are: