Builder’s Risk Insurance cost is a small price to pay now to protect your contractor business for protection when things go wrong. In January, footage of a building that was under construction collapsing in Trinidad, Washington, went viral.
As a general contractor, you know that things can go wrong at any time. As we all know by now, it is vital to protect yourself when these disasters happen. For as little as 1 – 5% of the construction costs, you can have protection against the costs of accidents like this.
You can discuss exclusions in the policy with your insurance agent, but take note that this might be a high risk choice. Thus, make a well-informed decision when choosing this option.
Consider the scenario that your project became the footage of a viral video. Yet you were properly insured, then these will be the beneficial ways that your insurance covers you.
When you look at what’s at stake, builder’s risk insurance cost is worth every dollar. This doesn’t mean that you must pay top dollar. You can get good, cheap Builder’s Risk insurance from reputable insurance agents. Find out more from our experienced agents at Builders Risk Insurance. Give us a call at (877) 960-0221 for the best rates.