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Contractors Insurance

Contractors get the job done—but take on a lot of risk while doing it. The Bureau of Labor Statistics reports that about 4% of all workers in the industry suffer injuries or illnesses—and the resulting costs add up. This is compounded by the many other problems that can occur at a given work site. Due to the many risk factors contractors routinely face in their work, good insurance policies become essential to any successful contractor's operation.

You should also consider how you're going to run your business. For example, running it as a Limited Liability Company (LLC) can help insulate you from cost overruns and avoid putting your personal assets at risk if a claim larger than your policy is filed. Our agents can help you determine the likelihood of hazardous situations to your business and how best to prepare for them.

What a Contractors Insurance Package Covers

Contractor's insurance covers problems typically associated with the risks of construction and renovation projects, including risks to your employees, your work site, and anyone or any equipment involved. Most of these policies are a combination of other policies, often including:

  • A Business Owner's Policy
  • General Liability Insurance
  • Worker's Compensation
  • Commercial Vehicle Insurance

From there, what coverage is needed depends on the work that you do. Contractors in different industries often have different insurance needs (and occasionally different requirements, depending on local legislation). DiStefano Insurance can help you determine which forms of insurance are required for your company and ensure that you're never left exposed.

Contractors Equipment Insurance

Getting a job done takes more than human expertise and a keen eye for detail—you need to have the right tools for the job, or it's probably not going to be finished. However, if something goes wrong and your equipment is damaged or destroyed, you stand to lose a lot of money. This is particularly true if your company operates any larger pieces of equipment (bulldozers, etc.), which are sometimes omitted from normal coverage.

DiStefano Insurance's goal is to mitigate your risks as much as possible, and the more we know about your equipment, the better the policy we can offer. On request, we can let you know about how certain pieces of equipment are classified, the associated level of risk, and what kind of reimbursements you can expect if something goes wrong.

Contractor Vehicle Insurance

If you're one of the growing number of contractors who use vehicles during a job—not just to get to and from a worksite—then you may need an additional commercial vehicle policy that covers the vehicle(s) you use.

If you don't use your vehicle for commercial purposes, you may be able to lower your monthly premiums by having this coverage removed from your policy. The choice is ultimately yours, but if you're having trouble deciding, our agents can help you figure out whether or not your use of a given vehicle qualifies as a commercial purpose.

 

1. "About the Specialty Trade Contractors Subsector." U.S. Bureau of Labor Statistics. Accessed April 20, 2016. http://www.bls.gov/iag/tgs/iag238.htm.

2. "Sole Proprietorships vs. LLCs." Nolo.com. Accessed April 28, 2016. http://www.nolo.com/legal-encyclopedia/sole-proprietorships-vs-llcs.html.

3. Utschig, LeRoy. "Contractor's Equipment." Rough Notes. Accessed April 20, 2016. http://www.roughnotes.com/rnmagazine/1997/sept97/09p98.htm.

Our Locations

DiStefano Insurance

2036 Locust St S
Canal Fulton, OH 44614
Main office: 330-680-5975
Toll free: 800-468-9558
Fax: 330-854-2481

Petit Insurance

203 N Portage St
Doylestown, OH 44230
Main office: 330-681-6031

Ungashick Insurance

4942 Higbee Ave. N.W.
Canton, OH 44718
Main office: 330-441-4352
Fax: 330-492-3660

United Group Alliance

2036 Locust St S
Canal Fulton, OH 44614
Main office: 330-529-5526
Toll free: 888-783-8773
Fax: 330-854-2481

Our Providers

Testimonials

"Dave has provided excellent service and great coverage for years and I expect for many years to come!"

David H. Canton, OH
"I periodically insurance shop around, and Distefano always has the best HOME, AUTO, UMBRELLA packages - don't be influenced by who puts out the most silly TV commercials!"

Loren M. Massillon, OH
"Congratulations DiStefano Insurance on great service! I have been a client for many years...and plan to keep it that way!"

John S. Massillon, OH
"We have been with DiStefano for 34 years and Lou has always been there for us!....Thanks!"

Dan H. North Lawrence, OH
"DiStefano Insurance has been taking care of our insurance needs for over ten years now and have been flawless in the handling of our ever changing insurance needs. Thanks to Lou DiStefano and his entire staff!"

Ed O. Canton, OH
"This 24 hour "office" is great. One more reason to be a part of the DiStefano family!"

Ann C. Canal Fulton, OH
"Wow, thinking about it I have been with you guys for 24 years now. A long time. And throughout the years I can't think of one issue you have not taken care to my complete satisfaction. So, thank you, and congratulations on your upgrade."

Ed S. Chagrin Falls, OH
"I was referred to Dave at DiStefano by a friend. I received such great service getting a quote and switching my insurance over that I referred a friend, who then switch to the DiStefano Agency for her insurance. I think that speaks for itself!"

Deborah C. Louisville, OH
"You certainly saved us money by analyzing our old policy and finding a new one that was added coverage and less costly. Thanks again and we will recommend you to our friends."

William G. Canal Fulton, OH
"We have been using Distephano insurance for home and auto since 2008 and it has been a great partnership. There has never really been any issues with claims or policy changes when needed."

James B. Canal Fulton, OH
"Since becoming clients of Distefano Insurance, they have been pros to be and saved us money. Kudos!!!"

Ann H. Columbus, OH
"A few years ago we changed policies on our home/auto. A technical glitch led to a need to resign the policy on a day I was working. Our agent met me on my mail route so I could sign the policy without missing work. Thanks!"

Robert K. North Lawrence, OH