Construction Insurance: What Coverage Do You Need?

Insurance Protects Everyone

Proper insurance protects property owners and contractors from the significant risks inherent in construction.

For Property Owners

Builder's Risk

Covers damage to the structure under construction. Required for most projects with financing.

Homeowner's Insurance

Verify your policy covers construction activities. Many have exclusions.

For Contractors

General Liability

Covers property damage and bodily injury claims. Essential for all contractors.

Workers' Compensation

Required if you have employees. Covers workplace injuries.

Commercial Auto

Covers vehicles used for business.

Verifying Coverage

• Request certificates of insurance
• Verify certificates are current
• Confirm coverage amounts meet requirements
• Be listed as additional insured where appropriate

Bidroom Verification

Bidroom verifies contractor insurance as part of our verification process.