Insurance for Residential Construction Industries in Texas

Commercial General Liability Insurance

Commercial general liability covers the damage and losses of unforeseen events that can financially burden you. These include:

• Damage to other people’s property
• Bodily injuries and deaths
• Advertising and personal injury (e.g. slander, libel, copyright infringement, and so on)

Commercial Property Insurance

Should your property, equipment, or inventory get damaged from a disaster (e.g. fires, floods, etc.), commercial property insurance is designed to cover the damage or losses you encountered. This insurance covers the following:

• Buildings or structures
• Furniture and fixtures
• Equipment and inventory of goods
• Landscaping
• Other people's properties

Commercial Auto Insurance

If you use vehicles in your day-to-day operations, it’s a good idea to have them insured. In case your commercial automobiles meet an accident on the road, commercial auto insurance will provide coverage for the following:

• Liabilities resulting from death or bodily injury
• Liabilities resulting from damage to another person’s property
• Damage to vehicle resulting from collision
• Personal injury/medical payments of the insured
• Property or injury damage caused by uninsured or hit-and-run motorists
• Non-collision damage like theft and vandalism

Worker’s Compensation Insurance

Workers compensation protects your laborers from a variety of health and safety hazards that come with the job. This type of insurance also ensures that you won’t get sued by your employees who claim that the job doesn’t come with any benefits. Workers compensation provides the following to your employees:

• Income benefits: pays a portion of an employee’s lost earnings.
• Medical benefits: pays for the treatment of work-related disease or injury.
• Death benefits: provides the family of an employee killed on the job with a portion of the employee’s lost wages.
• Burial benefits: pays a portion of funeral expenses.
• Vocational rehabilitation benefits: pays for an injured employee’s physical rehabilitation or training for a new job or occupation.

Equipment and Tools Insurance

Equipment and tools insurance covers the expenses for the repairs and replacement of your damaged tools. It’s common for equipment to break down or fail due to overuse, so having this policy relieves you from the headache of paying for costly repair services with your own money.

Professional Liability Insurance

It takes talented individuals with specialized skill and knowledge to build a home. However, no matter how much of an expert a person is in their craft, it’s nearly impossible not to commit mistakes from time to time. In an event your clients claim that your business failed to provide them with excellent service, professional liability covers your legal defense for the following claims:

• Negligence during the construction procedure
• Mistakes made in the construction process
• Did not provide services that were advertised or promised