Why is insurance a must for masonry contractors?
Find the right insurance
6 policies every masonry contractor should consider
The following policies can help protect masons and masonry contractor businesses from some of the most common small business liabilities. These policies ensure your business is protected from expensive accidents, mistakes, and lawsuits.
General liability insurance
A general liability policy protects masons against legal and medical costs related to client property damage and injuries. It's often required by state laws and contracts.
- Medical bills from client bodily injuries
- Damaged customer property
- Advertising injury and copyright lawsuits
Business owner's policy
A BOP bundles commercial property insurance and general liability coverage at a discount. It's often the most cost-effective type of business insurance for a masonry company.
- Client slip-and-fall injuries
- Accidental damage to a client's property
- Theft and vandalism
Workers' comp insurance
Most states require businesses with employees to carry workers' comp to cover medical payments for workplace injuries. In some states, even sole proprietors who work in construction must carry this policy.
- Medical expenses from work injuries
- Disability benefits
- Lawsuits from workplace accidents
Commercial auto insurance
A masonry company with business vehicles must carry a commercial auto policy to comply with state laws. It helps pay for financial losses in an accident, including legal costs and property repairs.
- Auto accident injuries
- Auto accident property damage
- Theft of a construction vehicle
Contractor's tools and equipment insurance
A type of inland marine insurance, this policy covers your masonry equipment and tools wherever you bring them. That includes items in transit, stored off-site, or used at a job site.
- Equipment that is less than five years old
- Items valued at under $10,000
- Tools that travel to different worksites
Professional liability insurance
Professional liability insurance covers legal fees related to a mistake, missed deadline, or other accusation of professional negligence. It's also called errors and omissions insurance (E&O).
- Project delays and budget overruns
- Wrong equipment and other mistakes
- Breach of contract
Masonry insurance costs
The average costs of common construction insurance policies purchased by TechInsurance customers:
General liability: $79 per month
Business owner's policy: $105 per month
Workers' compensation: $226 per month
Factors that can influence your masonry insurance costs include:
- Types of masonry services offered
- Number of employees you have, including subcontractors
- Types of insurance purchased
- Policy limits, deductibles, premiums, and other coverage options
- Claims history
Start a free application to receive business insurance quotes and see how much mason insurance will cost.
Hear from business owners like you who purchased insurance coverage.
Why masonry contractors choose TechInsurance
Get insured quickly with TechInsurance
Get insurance fast so you can get started working with clients. Fill out our easy online application, choose a policy, and pay online to start coverage today.
Common questions about business insurance for masonry contractors
Review answers to some of the most frequently asked questions about masonry insurance.
Do masons need a license or certification?
You may need a license depending on your state and local regulations. This often means that masons need to carry a general contractor license, though some states require a more specialized masonry license.
For example, in New York and Illinois, masons are not required to be licensed. However, in California, masons must carry a masonry contractor license through the Contractors State License Board (CSLB).
Mason contractors may also choose to obtain a masonry certification through the Mason Contractors Association of America (MCAA) to secure bids and provide extra credibility.
What other insurance policies do masonry contractors need?
Your masonry business would likely benefit from the following types of coverage:
- Builder's risk insurance, also called course of construction insurance, can help pay for damaged materials or even the building itself if something happens during construction. This is a popular policy for construction businesses.
- Commercial umbrella insurance provides additional financial coverage beyond the typical insurance policies should you experience an exceptionally expensive incident or lawsuit.
- Products-completed operations coverage, also called product liability insurance, can protect your company if a customer files a lawsuit claiming your work caused an injury or property damage.
- Surety bonds act as a contract between you and a client, ensuring you have the funds to cover if a job isn't completed as agreed. Some clients, particularly government contracts, require a surety bond.
Contact one of our licensed insurance agents to discuss your unique masonry contractor insurance needs and receive free quotes. You could receive a certificate of insurance within 24 hours.
