Excavation Contractors Insurance
Why do excavation and grading businesses need insurance?
As an excavation contractor, you likely face significant risks each time you begin to move earth. There may be soil removed from a jobsite impacting stability, which causes damage to neighboring property. You may also face risks associated with equipment operator error, hitting underground utilities that can cause widespread damage, and worker injury from strains or falls from equipment. Being caught in or under heavy materials and equipment are additional concerns as are changing soil conditions that may cause landslides or mudslides. These are just a few of the issues Travelers has considered when offering excavator insurance.
Travelers has a deep understanding of the specific business risks you face and can deliver the risk control and claim expertise your business demands. Along with Crew Training International (CTI), we’ve created the construction-specific SiteSense Training Program to teach important communication skills in an effort to reduce accidents and improve your bottom line. Our electronic data liability coverage can be provided by endorsement.
IndustryEdge® for excavation contractors
Excavation contractors have unique risks. Travelers INDUSTRYEdge offers products and insights to help our customers stay ahead of risk. We do this by preparing for it and ultimately helping to reduce loss costs while keeping projects running smoothly. Travelers' broad, tailored coverages and enhancements are specifically designed to meet the needs of our customers and based on our deep knowledge of the construction industry.
What kinds of contractors is excavator insurance right for?
- Excavation work
- Foundation digging
- Grading of land
How much does excavation business insurance cost?
The cost of insuring your excavator contractor business will depend upon the size of your operation, the type of contracts you take, the specific risks you are exposed to, and coverage amounts and deductibles you choose. Your agent can help review risks and provide a quote for coverage that would best protect your company.
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