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Contractors Insurance in Albany, CA and surrounding areas

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). Freeman Insurance Services, Inc. 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.

Freeman Insurance Services, Inc.'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 Location

Freeman Insurance Services, Inc.

1035 San Pablo Avenue, Ste 1
Albany, CA 94706
Main office: 510-250-3056
Fax: 510-528-2708

Our Providers

Testimonials

I have known Anthony Freeman, his wife, and sons from the early 80's. Well, his sons weren't born then, but I've known them since they were young. Anthony is a very warm and caring person. He is professional in his insurance dealings and provides great service. I started when he first created a disability plan for Acupuncturists, and then have also had insurance through his company for home, office liability, and car insurance. Always a pleasure to work with Anthony and the whole office.

Jay Sordean
This is the best insurance company, very professional experienced staff!

Darcy Lee
Jeff R and Jamel were great! Got me great deals and went out of their way to be helpful. Outstanding service! These people are in the business of helping people!!

Risa K
I have used Freeman insurance for both homeowner's and auto policies. They did their research and found the best rates. Overall great service and super friendly!

Razteria
Keaton at Freeman Insurance has been a huge aid to my business! Any question I have he always has an answer! I'm extremely happy with the service and rates glad I switched over to Freeman Insurance. Highly recommend for business insurance!

Monica K. from Oakley, CA
Anthony, Jamel, and Philip have been an invaluable asset to our company since inception. Their knowledge of the different types of insurance and care for our needs is unmatched. I refer anyone I know looking for business insurance to them. They are simply the best!

Chris M. from Phoenix, AZ
I readily use and refer my clients and other small businesses to Freeman Insurance. Bruce honestly provides quotes, and if there isn't anything better than the current policy, he will tell the prospective client, even if it means he doesn't get a commission. Same with Philip, who provides caring and individualized customer service regarding health and life insurance. Jamel is ambitious, polite, and extremely helpful. I'm confident in the knowledge, competence and integrity Freeman Insurance delivers.

Glicel S. from San Pablo, CA
We have been using freeman insurance for the last five years. They are incredibly helpful with both our business and personal insurance. With all the changes going on they have been so quick to get back to me and provide all the information I need to choose the best plans that fit for us. Bruce, Philip and Jamel are such a pleasure to work with. You won't be disappointed using these guys!

Frank C. from Albany, CA