Learning Center South Dakota Contractors Insurance
Are you looking for contractors insurance in South Dakota or in our great state of South Dakota?
Call us today at 952-469-0425. We can help you obtain almost any type of South Dakota contractors insurance that your business requires. General liability insurance, workmen’s compensation insurance, inland marine coverage to protect tools & mobile equipment, commercial auto insurance, employment practice liability insurance and South Dakota contractor surety bonds.
Our independent insurance agency will help you find the South Dakota contractors insurance coverage you need at a price that won’t break the bank!
Some Common Mistakes Made buying South Dakota Contractors Insurance?
The biggest mistake contractors make is that they do not purchase contractors insurance until they are required to do so, or until it’s too late!
Why is that a mistake?
First insurance companies will not backdate policies to cover claims that have already happened.
Secondly, South Dakota contractor’s insurance is designed to protect your businesses financial assets in the event you were held liable for a claim due to injury or property damage.
Failing to purchase the appropriate contractor’s insurance can place all of your financial assets in harm’s way! You have worked so hard to make your contracting business successful, don’t risk everything over not having contractor’s insurance.
One roofing contractor that failed to purchase contractor’s insurance learned a lesson the hard way when a court ordered them to pay $27,569 out of pocket. They didn’t believe they needed contractor’s insurance because they have never had a claim and were careful.
An electrician’s ladder slipped and did $2,900 in damage to a client’s car. Accidents can happen, make sure your protected.
Another contracting business had all their truck, trailer and tools stolen. Their old agent didn’t ask if they needed tool coverage. We always ask! Covered!
Don’t make the mistake of not purchasing contractors insurance! When you do buy a policy, make sure it’s a good one and not a stripped-down cheapo contractors policy. The insurance is to protect you and your SD contracting business, not just to get paid.
There is one other step that you need to take to find the best options for South Dakota contractors insurance.
We work with over 20 different contracting insurance companies to insure a competitive rate and superior coverage’s. Each company is different and some really have a superior product for just a few dollars more. Make the best choice when purchasing your South Dakota contractors insurance.
Why it’s Important to Speak with a Contracting Insurance Specialist When Looking for South Dakota Contractors Insurance.
Contractors insurance can be very complicated! For example: a standard general liability insurance policy will not provide you the necessary coverage to protect vehicles that you own and use in your contracting business.
You would need commercial auto insurance to protect that exposure in most instances. If you are using your personal automobile in your contracting business and it’s listed on your commercial auto policy, you might have a problem. Understand the vehicle must be titled to the company for coverage to apply in most cases. Some companies offer an endorsement that help you cross this bridge.
There are literally dozens of different types of scenarios that could occur that would not be covered by a standard general liability insurance policy so purchasing the cheapest one, might not be the answer. Also, many of the things a general contractor might ask for, might be Greek to your normal car insurance agent.
We work with over 20 different contracting insurance companies to insure a competitive rate and superior coverage’s. Each company is different and some really have a superior product for just a few dollars more. Make the best choice when purchasing your South Dakota contractors insurance.
Contact South Dakota Contractors Insurance.com Today for Your South Dakota Contractors Insurance Quote!
We can provide insurance coverage for literally any type of contractor. Call 952-469-0425 and we can provide you the contractors insurance you need, at a price that’s budget friendly. Make the call now.