Contractor, Construction & Builders Risk Insurance
There's no shortage of risks in today's construction industry. To protect your company, you need specialists who truly understand your evolving needs. At Travelers Canada, our insurance and surety specialists offer a deep and nuanced knowledge of construction. Whether you're bidding for a job, assessing your job site or poring over a big contract, we'll help protect you from unintended risks.
Our contractors' policies and services incorporate specialized underwriting, risk control and dedicated claim services that are industry-specific and tailored to your business.
Surety, P&C, ocean marine and more. If you've got a construction-related exposure, we've got an insurance solution – or will work with your broker to develop customized coverage – that meets your needs.
Our total account solution is the Travelers Canada advantage. We provide uncompromised focus and dedication to deliver flexible and innovative insurance solutions from bid to build, and beyond. We have a wide range of builders risk control services to reduce your risks and first-class claim handling to help keep your mind on your construction business and your operations moving, even when the unexpected happens.
Our cross border & global capabilities provide additional insurance coverage options for those who do business or have property abroad.
Who is builders risk, construction, or contractor insurance right for?
We are here to service a variety of contractors and builders across Canada, including but not limited to:
- Building construction management
- Mechanical contractors
- Road builders
- Electrical contractors
Contractor Insurance Coverage Highlights
- Property and business interruption (including business interruption on specified equipment)
- Equipment breakdown (boiler & machinery), including testing & commissioning
- Commercial general and umbrella liability
- Commercial automobile and fleets
- Blanket or project-specific builders’ risk, including soft costs and delay in startup
- Contractors equipment
- Ice and muskeg coverage
- Various deductible options on equipment
- Limited pollution
Find what fits
Construction projects involve a large amount of risk, even for the very best contractors. A sizeable loss on a project can lead to financial distress. PLI can help contractors recover from this loss.
Find more construction solutions under Surety Insurance here.
Our Contractor, Construction, and Builders Risk Insurance Services
Even with prevention, incidents happen, but filing insurance claims should never be a complicated process for your business. Our team is with you every step of the claims process from initial assessment to finalizing your settlements, with the goal of successfully moving your business forward at the forefront of our strategy.
Travelers Canada Risk Control's mission is to prevent losses before they have the chance to impact your construction business. Using strategic industry-specific resources, we fine tune a game plan custom to your business, and in doing so we uniquely provide preventative protection for many potential uncertainties in your field.
Whether your business has limited U.S. or international dealings or operates in countries around the world, we can provide insurance coverage for our Canadian clients from initial startup and provide solutions in every step of their evolvement and expansion when facing local regulatory requirements.