SHWINS - Programs

PROGRAMS & MARKETS

Different Business Needs = Various Needs for Insurance

Every business has their own specific needs, which is why we offer various types of programs to cover your operations. Some business owners only need General Liability — whereas others may need a comprehensive package of multiple coverages. Because we specialize in insurance for the construction industry, we carry just about every market available to Builders and Sub-contractors. When you call us, we will make sure to ask the right questions to understand your scope of operations and get you into the right program that covers your exposures and fits within your budget.

Commercial General Liability (aka CGL)

General Liability insurance covers third party hazards. There are hundreds of programs out there to meet every need you may have. Programs can range from Premise Only coverage to full Occurrence Products and Completed Operations. Insurance carriers can be A+ rated or specific to builder risk-retention groups. Depending on your scope of operations, your needs for certificates, the needs of your business partners and your budget — we can find the right program for you.

Builders Risk (a.k.a. Course of Construction)

Builders Risk is a coverage that is designed to help cover your exposures during the construction phase. Material theft & vandalism, damage to property and certain soft costs are generally covered. We typically write this through Zurich which is an A-rated carrier for this coverage, but we do have other options available. The coverage is specific to each project and premise and starts on construction and lasts until the project is complete.

Workers Comp

Worker’s Comp is a coverage that will insure you in case one of your employees has a work-related injury. In the building trades, this is required for certain businesses and can be a large portion of the insurance budget. Typically, businesses over a certain size are required to have workers comp and the price is dependent upon the class codes of the employees, the payroll and the states of operation. There are many options for workers comp now besides the State Fund. We have a number of carriers we work with to cover you for this.

Construction Bonds (a.k.a. Performance Bonds)

Construction Bonds are generally a form of insurance that a third party may require of a Builder. Bonds are in place to make sure that the construction is completed to the specifications, time-line and budget of the project. Bonds range in price depending on the Builder and the project.

Structural Warranty

Structural warranty programs offer an additional layer of protection to Builders. Generally, the warranty is written over a General Liability program but this is not always necessary. Our sister company, StrucSure Home Warranty, offers a 10-year warranty and is a great option for protection as well as value-added marketing for the property.

Inland Marine/Equipment

Inland Marine coverage is a broad form coverage that would include coverage for construction equipment & machinery such as backhoes, cranes, scaffolding, etc. This type of coverage is generally bundled into a package that may include CGL, COC and Commercial Auto.

Commercial Auto

Commercial Auto insurance is exactly what it states. This differs from your general auto insurance as many companies have employee use of autos which may not be covered under a typical personal auto insurance policy.