Marietta, Georgia Contractors Insurance
Running a contracting business in Marietta, Georgia means managing much more than completing jobs and keeping customers happy.
Every day, contractors face potential risks involving employees, subcontractors, customers, vehicles, tools, equipment and job sites.
One accident can potentially turn into an expensive claim.
That's why having the right contractors insurance in Marietta, GA is an important part of protecting the business you've worked hard to build.
At Jones Group Insurance Services, we help contractors throughout Marietta and surrounding Georgia communities evaluate commercial insurance coverage based on their actual business operations.
Whether you're an independent contractor working by yourself or operate a growing construction company with employees, subcontractors, trucks and equipment, we can help you explore insurance options for your business.
We proudly serve contractors throughout Marietta, Acworth, Kennesaw, Woodstock, Canton, Smyrna, East Cobb, Cobb County, Paulding County and surrounding Georgia communities.
What Is Contractors Insurance?
Contractors insurance isn't necessarily one individual insurance policy.
Instead, a contractor's insurance program may combine several types of commercial coverage depending upon the work performed.
Coverage may include:
- General Liability Insurance
- Workers' Compensation Insurance
- Commercial Auto Insurance
- Tools & Equipment Coverage
- Inland Marine Insurance
- Commercial Property Insurance
- Business Owners Policy (BOP)
- Commercial Umbrella or Excess Liability
- Builders Risk Insurance
- Hired & Non-Owned Auto Liability
The appropriate coverage depends on what your company actually does.
A residential painter has very different exposures from a roofing contractor, electrician, plumber or general contractor.
That's why your insurance agent needs an accurate description of your operations.
General Liability Insurance for Marietta Contractors
For many contractors, commercial general liability insurance is one of the most important parts of their insurance program.
General liability can help protect the business against certain covered claims involving bodily injury or property damage.
Example
Imagine you're remodeling a customer's home in Marietta.
One of your workers accidentally damages an expensive portion of the customer's property while performing the job.
Or perhaps a customer trips over equipment at the job site and is injured.
Depending on the circumstances and the terms of the policy, commercial general liability insurance may respond to a covered claim.
Contractors should carefully review their policies because exclusions can vary significantly between insurance companies.
Why Contractors Need the Correct Classification
This is extremely important for contractors.
The insurance company needs to know exactly what type of work your company performs.
For example, don't simply tell your insurance agent:
"I own a construction company."
Instead, your agent may need to know whether you perform:
Roofing | Electrical | Plumbing | HVAC | Painting | Flooring | Landscaping | Concrete | Carpentry | Remodeling | General Contracting | Excavation | Welding | Handyman Services
Why?
Because each operation presents different risks.
A contractor insured and rated as an interior painter should not assume that the same policy automatically covers roofing work.
When your business adds new services, you should notify your insurance agent so the coverage can be reviewed.
Contractors Insurance for Subcontracted Work
Many Georgia contractors use subcontractors rather than employees.
That does not mean subcontractors should be ignored when purchasing insurance.
Your insurance company may want to know:
- What percentage of work is subcontracted?
- What types of work do subcontractors perform?
- How much do you pay subcontractors annually?
- Do subcontractors carry their own insurance?
- Do you obtain Certificates of Insurance?
- What liability limits do you require?
- Do you use written subcontractor agreements?
Depending on the policy, there may also be specific requirements or exclusions involving subcontracted work.
This is particularly important because an uninsured subcontractor can create a significant exposure for the general contractor.
Certificates of Insurance for Contractors
If you're a contractor, you've probably heard the phrase:
"We need your COI before you can start the job."
A Certificate of Insurance, commonly called a COI, provides evidence of certain insurance coverage in place at the time the certificate is issued.
General contractors, property managers, homeowners associations and commercial property owners may require contractors to provide certificates before work begins.
They may also request certain endorsements or insurance requirements, such as:
- Additional Insured
- Waiver of Subrogation
- Primary and Noncontributory wording
- Specific liability limits
It's important to remember that a certificate itself does not change the insurance policy or create coverage that isn't otherwise provided by the policy.
Workers' Compensation Insurance for Georgia Contractors
Contracting work can involve significant employee injury exposures.
Employees may work with:
- Power tools
- Heavy equipment
- Ladders
- Construction materials
- Vehicles
- Machinery
- Elevated surfaces
Workers' compensation insurance can provide benefits for covered work-related employee injuries or illnesses, subject to applicable law and policy terms.
Georgia contractors should understand the state's workers' compensation requirements and make sure employees are properly classified.
The type of work performed matters when determining workers' compensation classifications and premiums.
Commercial Auto Insurance for Marietta Contractors
If your company owns vehicles, personal auto insurance may not be appropriate for your business exposure.
Commercial auto insurance can protect vehicles used in your contracting business.
This may include:
- Work trucks
- Pickup trucks
- Cargo vans
- Service vans
- Company cars
- Certain trailers
Commercial auto policies can include liability coverage and, when selected, physical damage coverage for insured vehicles.
If employees regularly drive company vehicles, their driving records can also affect the company's commercial auto insurance.
What If Employees Use Their Own Vehicles?
Another exposure contractors sometimes overlook is employees using personal vehicles for company business.
For example, an employee may use their own vehicle to:
- Pick up supplies
- Visit a job site
- Meet a customer
- Make a delivery
- Run a company errand
Depending on your operations, Hired and Non-Owned Auto Liability (HNOA) may be an important coverage to discuss with your insurance agent.
Tools and Equipment Insurance for Georgia Contractors
Think about how much money you have invested in your tools.
A contractor may carry thousands—or tens of thousands—of dollars in:
- Power tools
- Compressors
- Generators
- Saws
- Specialty equipment
- Construction equipment
If those items are stolen or damaged, replacing them out of pocket can be expensive.
Contractors may need inland marine or contractors equipment coverage to help protect qualifying tools and equipment while they're transported or located away from the primary business premises, subject to the policy terms.
Does General Liability Cover Your Tools?
This is a common misunderstanding.
General liability insurance generally isn't designed to insure your own tools and equipment against theft or physical damage.
Liability insurance and property insurance serve different purposes.
That's why a contractor who has general liability may still need separate coverage for tools, equipment and other business property.
Commercial Umbrella Insurance for Contractors
A serious accident can exceed the limits of an underlying liability policy.
For contractors with significant operations or higher liability exposures, commercial umbrella or excess liability insurance may provide additional limits above certain underlying policies.
For example, a contractor may carry:
$1 million General Liability
and purchase additional umbrella or excess liability limits.
The actual coverage depends upon the underlying policies, umbrella policy terms, exclusions and required limits.
Builders Risk Insurance
Contractors involved with new construction or major renovations may also encounter builders risk insurance.
Builders risk is designed to cover certain property exposures while a building or project is under construction.
This is different from a contractor's general liability insurance.
Depending on the project and contract, the property owner, general contractor or another party may be responsible for purchasing builders risk coverage.
Always determine who is responsible for the coverage before construction begins.
What Types of Contractors Can Jones Group Insurance Help?
Jones Group Insurance Services can assist many types of Georgia contractors, depending on carrier appetite and eligibility, including:
- General contractors
- Remodeling contractors
- Painting contractors
- Flooring contractors
- Landscapers
- HVAC contractors
- Electricians
- Plumbers
- Carpenters
- Handyman businesses
- Concrete contractors
- Cleaning contractors
- Welding businesses
- Roofing contractors
- Other construction and service businesses
Coverage availability and underwriting requirements vary by operation and insurance carrier.
How Much Does Contractors Insurance Cost in Marietta, GA?
There isn't one standard price for contractor insurance.
Insurance companies may consider several factors when determining premiums.
Type of Work
Higher-risk contracting operations can cost more to insure than lower-risk operations.
Annual Revenue
Your company's gross receipts may be used as a rating factor.
Payroll
Workers' compensation premiums can be affected by payroll and employee classifications.
Subcontractor Costs
Payments to subcontractors may affect underwriting and premiums.
Claims History
Previous insurance claims may affect pricing and carrier eligibility.
Years in Business
Insurance companies may consider your company's experience and operating history.
Coverage Limits
The amount and type of insurance you purchase will affect the premium.
Because contractors can have very different exposures, comparing two contractors based only on premium isn't necessarily meaningful.
Contractors Insurance in Marietta, GA
If your business is based in Marietta, Jones Group Insurance Services can help you evaluate coverage for your contracting operation.
Whether you're an independent contractor, small construction business or established company with employees and subcontractors, we'll help you review insurance options based on the work you actually perform.
Contractors Insurance in Acworth & Kennesaw, GA
We also serve contractors throughout Acworth and Kennesaw.
Contractors in these areas may need general liability, workers' compensation, commercial auto, equipment coverage and other forms of commercial insurance.
As your company grows, your insurance program should be reviewed to make sure new employees, vehicles, services and equipment are properly addressed.
Contractors Insurance in Woodstock & Canton, GA
Jones Group Insurance Services helps businesses throughout Woodstock and Canton, including contractors operating throughout Cherokee County.
If your business performs work across multiple cities or counties, let us know when requesting your quote so your operations can be accurately presented to the insurance carrier.
Contractors Insurance in Smyrna & East Cobb, GA
Contractors operating throughout Smyrna and East Cobb can also contact our agency for commercial insurance assistance.
Whether you work primarily on residential properties, commercial properties or a combination of both, your actual operations matter when determining the appropriate insurance program.
Contractors Insurance in Cobb County, Georgia
Jones Group Insurance Services is located in Acworth and serves contractors throughout Cobb County, including:
Marietta | Acworth | Kennesaw | Smyrna | East Cobb and surrounding communities.
Contractors often need more than one policy to properly address their business exposures.
Our goal is to help you understand the differences between the available coverages—not simply provide the lowest premium.
Contractors Insurance in Paulding County, Georgia
We also assist contractors throughout Paulding County, including businesses working in and around the Dallas and Hiram areas.
Whether you're just starting your contracting business or have been operating for years, we can help evaluate your current insurance needs and available options.
Why Choose Jones Group Insurance Services for Contractors Insurance?
As an independent insurance agency, Jones Group Insurance Services can explore insurance options from multiple available carriers rather than being limited to only one insurance company.
That can be especially valuable for contractors because insurance-company appetites vary considerably by trade.
Most importantly, we want you to understand your coverage.
A low premium isn't much of a bargain if the policy excludes an important part of your operation.
Get a Contractors Insurance Quote in Marietta, Georgia
If you're searching for contractors insurance in Marietta, GA, let Jones Group Insurance Services help.
We can assist with insurance options for contractors throughout:
Marietta | Acworth | Kennesaw | Woodstock | Canton | Smyrna | East Cobb | Cobb County | Paulding County | Dallas | Hiram | and surrounding Georgia communities.
Depending upon your operation, we can help you explore:
General Liability | Workers' Compensation | Commercial Auto | Tools & Equipment | Inland Marine | Commercial Property | Builders Risk | Hired & Non-Owned Auto | Commercial Umbrella
Contact Jones Group Insurance Services Today
Your business works hard for your customers. Make sure you're working just as hard to protect your business.
Jones Group Insurance Services
Commercial Insurance for Georgia Contractors
Request Your Contractors Insurance Quote Today.