In the case of construction businesses, financial fallout may happen because of injuries on the job site, equipment damage, as well as losses resulting from other perils. – all of these combined with missing proper insurance. With the right types of construction insurance, your contracted business is protected from legal liability – and the best part is that you will have to pay about $30/month, which is affordable, even if the total price of a standard construction insurance policy is very high.construction insurance Colorado policies

If you are in the construction business, you must get the best construction insurance Colorado agencies offer. You can select different types of coverage, depending on the size of your company, the number of your employees and the type of construction projects your company performs.

The most common type of coverage is general liability. You will need it if you are deemed responsible for bodily property harm during a construction project. If you do not have liability insurance, you will not obtain your contractor’s permit.

Worker’s compensation is also very common for construction companies with employees. This type of insurance protects you in case of accidents, injuries, or death of an employer and it can also pay medical costs.

Other insurance coverage options for construction businesses include Builder’s risk coverage, Professional liability, Income loss coverage and Commercial auto coverage.