Business insurance Construction
Insurance for contractors We have the tools to help you
Quebec has approximately 32,000 businesses in the construction sector. Each of them is different and has its own identity. Their insurance needs are just as different and unique. This is why it is important to have an insurance broker who understands your needs and who is able to offer you all the products you may need. At OVC Insurance, our team of brokers will be able to advise you and offer you the insurance products that are best suited to your business.
Where to start? There are hundreds of business insurance coverages. What do I need?
By talking to a broker, you will be able to identify your insurance needs and make an informed choice concerning your coverage. Insurance is very complex and it's easy to get lost. A quick 15-minute telephone conversation will allow us to discuss your business and guide you towards your various options. Everything is offered free of charge and without any obligation on your part. After this discussion, you will already see much more clearly through it all. Don't waste time and ask one of our experts depending on your industry.
Myth or reality Beliefs in construction insurance
Test your knowledge now!
No, the RBQ license security protects the public against fraud and embezzlement, among other things.
FALSE. The tools must be covered on my business insurance.
FALSE. There are distinct insurances that do not cover the same thing. It will therefore be important to analyze you needs in order to offer you the best coverage.
Type of Coverage
The basics or business insurance
Property insurance
Property insurance covers the tangible, what is material, in the broad sense. It is therefore possible to cover buildings, equipment, tools or even stationery. It will also be possible to cover the consequences that damage to your property could cause, in particular the subsequent loss of income.
Third party liablity insurance
Your responsibility could be engaged in different ways and, depending on your activities, you may need several coverages: third party, professional, environmental, directors and officers, or other.
Insurance of contractor tools and equipment
Your tools and equipment are often on the road or on construction sites. Adequate insurance must be taken out to cover them wherever they may be.
Jobsite insurance
Whether small or large, your jobsites should be insured, your materials, your workforce or both, you have several options, let us help you!
Complement of Coverage
Wrap-up insurance
Third party liability insurance that covers you and all of the subcontractors involved in a project. This insurance is ideal for establishing the cost of third party liability insurance per project.
Environment
Protection covering the impact your activities could have on the environment.
Defective work
Protection that covers poorly performed work done by you or your subcontractors following a claim. It will cover your cost in materials and labor in order to resume work.
Contractors' errors and omissions
As a construction specialist, you may sometimes make recommendations that could harm your clients.