Insurance for construction companies and businesses
Understanding risk in the construction industry
Labor shortages, severe weather and increasing use of technology are just a few of the forces complicating construction risk management today. Contractors and project managers need to be aware of all job site risks, including theft, job site injuries, property damage and work vehicle losses. Zurich provides customized solutions for midsize to large commercial construction projects through monoline and multiline insurance programs.
top 100 contractors choose Zurich for insurance protection1
Zurich has been providing construction insurance solutions
Zurich Construction Risk Engineering customers would recommend Zurich2
What does construction insurance cover?
Protecting construction job sites and work crews is critical to maintain operations and help ensure project success. Some of the standard construction insurance coverages include:
- Master Builders risk
- Project Builders risk
- Fronted Master Builders Risk
- Trusted Estimated Maximum Loss (TEML) Service
Construction Weather Parametric Insurance
- Construction Weather Parametric Brochure
Civil Engineering Completed (CECR)
Mass Timber
Construction Casualty Fact Sheet
- Zurich Workers’ Compensation Flexible Payroll Reporting Option FAQ
- Zurich Workers' Compensation Dividend Plan
Commercial Auto Liability and Physical Damage
Consolidated Insurance Programs (CIP)
- Consolidated Insurance Programs Fact Sheet
Owner-Controlled Insurance Program (OCIP)
Contractor’s Protective Professional Indemnity (CPPI)
Owner’s Protective Professional Indemnity (OPPI)
Contractor’s Pollution Liability (CPL)
Environmental Services Package (ESP)
Professional and Environmental Coverage (PEC)
What is construction insurance?
Construction insurance is a broad term used to describe types of insurance coverage needed for those in the construction industry to provide protection to construction job sites, equipment and staff. Construction insurance may include both property and liability coverages.
Who needs construction insurance?
Any company working in the construction industry should have commercial insurance coverage. Zurich can address the coverage needs of all phases of building and construction. Whether your company is involved in non-residential construction; plumbing, heating and air conditioning; electrical work; plastering, dry wall and insulation; painting; carpentry or excavation work, our team of Construction specialists can help you manage your unique risk exposures.
How to reduce risk in construction
For more than 25 years, Zurich has been helping contractors and design professionals build for tomorrow. We offer insurance for contractors including solutions for general contractors, trade contractors, design professionals, environmental contractors, consultants and project managers. Zurich’s experienced team of Construction Underwriters, Construction Risk Engineers and Claims specialists can help you manage risk from start-up through job completion and beyond. Our coverages and services help contractors and design professionals manage risks associated with suppliers and subcontractors, job site hazards, worker safety and quality of work. Zurich also offers custom solutions to help manage the broad array of risks that construction companies face.
1."Results as of September 2021 and based on ENR 2021 Top 400 Contractors list cross-referenced with Zurich customers with a policy in force during the report year." ENR 400 (Engineering News-Record) rankings are based on construction revenue.
2. Based on Transactional Net Promoter Score surveys run between January 2019 and September 2019.