Boardwalk Insurance Group | Auto, Home, Commercial, Life and Health Insurance for Residents and Companies in the United States

TAG | construction insurance

Insuring Those In a Specialty Construction Business 4.50/5 (90.00%) 4 votes

Construction is a demanding industry.  There are deadlines to meet, quality to ensure, and safety to observe.  Specialty construction jobs can be even more sensitive to the demands of the industry, where the average construction company and their reputation will not suffice.

Construction insurance combines many different insurance coverages into a unique policy for construction companies.  Construction insurance also extends to contractors hired by the construction company to help complete the project in a timely manner.  These construction insurance policies cover a very wide variety of specialty construction companies and offer much flexibility when creating a construction insurance policy.

Owners & Contractors Protective Liability Coverage:

  • Minimum Premium of $2,500
  • Deductibles from $0 to $5,000
  • Limits up to $3MM/$6MM
  • Appetite for Residential, Commercial, Industrial, and Governmental projects
  • 100% Earned Premium on RPL Coverage

Railroad Protective Liability Coverage:

  • Minimum Premium of $1,500
  • No deductible
  • Limits up to $2MM/$6MM
  • 100% Earned Premium on RPL Coverage

Optional GL Coverages Available:

  • Employee Benefits
  • Hired and Non-Owned Auto
  • Limited Electronic Data
  • Limited Pollution

Sample of Construction Operation that can be considered:

  • Alarm Installation, Service and Repair (With Limited Professional Available)
  • Boiler, Inspection, Installation Cleaning or Repair
  • Bridge or Elevated Highway Construction
  • Carpentry
  • Cell Phone Tower Erection, Service and Repair
  • Concrete Construction
  • Conduit Construction for Cables or Wires
  • Demolition Contractors
  • Driveway, Parking Area or Sidewalk – Paving or Repaving
  • Drywall or Wallboard Installation
  • Electrical Apparatus Installation, Service and Repair
  • Electrical Work Within Buildings
  • Excavation and Grading of Land
  • Fire Suppression Systems Installation, Service and Repair (With Limited Professional Available)
  • General Contractors – Commercial and Industrial
  • Heating or Combined Heating and Air Conditioning Systems or Equipment
  • Logging and Lumbering
  • Machinery or Equipment – Installation Servicing or Repair
  • Masonry
  • Metal and Steel Erection
  • Plumbing
  • Roofing
  • Sewer Mains or Connections Construction
  • Solar and Wind Energy Construction
  • Street or Road Construction or Reconstruction
  • Welding or Cutting


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Commercial and Residential Building Renovation Insurance Coverage 4.75/5 (95.00%) 4 votes

Renovation can be cheaper than tearing down and building a new structure from scratch.  However properties undergoing renovation can be dangerous.  There are many tools and potentially hazardous chemicals on the property that can cause significant damage if someone is in the wrong place at the wrong time.

Renovation insurance protects the property while it is still being worked on.  Renovation insurance is a form of property insurance, protecting from losses caused by many hazards, such as fire, smoke, vandalism, lightning, and explosion.  While the company completing the renovations is trusted to work as safely as possible, potential hazards still exist, making renovation insurance extremely important as the property is being improved.


•     Damage by fire

•     Smoke damage

•     Damage caused by vandalism or malicious mischief

•     Lightning striking your building

•     Loss due to explosion




•     Coverage for partially occupied building available

•     Contact within 24 hours of claim to report by adjuster

•     Coverage for additions that do not involve load bearing members of building

•     Replacement cost coverage for new construction portion of the project

•     Coverage can be written for the full term of the project

•     Product flexibility offering either Basic or Special Form

•     Replacement Cost Valuation is standard on the new construction work

•     Project can be written for the full duration of the construction project

•     Rate structure contemplates new construction work being added gradually to the existing building


•     Up to $3,000,000 per location in PC 1-8

•     Up to $1,000,000 per location in protections class 9-10

*Limits of up to $500,000 per location excluding wind and hail in coastal areas

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Construction Equipment Insurance 4.00/5 (80.00%) 3 votes

If you own or manage a construction company that owns its equipment, construction equipment is important to protect some of the most important and expensive assets the company owns.

Finding the best coverage for your construction equipment does not normally fit in construction job timelines, but independent insurance agencies, like Boardwalk Insurance Group can save time and money by shopping for your company.  Boardwalk Insurance Group has several locations for your convenience and is licensed in over 25 states.  Most times, Boardwalk Insurance Group can get your company a quote for your construction equipment insurance policy in 24 hours or less.

Reasons to Purchase Contractor’s Choice Equipment Coverage & Potential Ways to Lose Your Equipment:

•     Damage by fire caused by mechanical breakdown

•     Arson of your equipment by prior employees

•     Snow or ice damage

•     Vandalism or malicious mischief

•     Theft of miscellaneous tools and equipment from your vehicle or secured jobsite

•     Lightning striking your equipment

•     Overturned equipment

•     Collision

•     Flood

•     Transit collision

Product Features:

•     Replacement cost valuation available for all equipment up to five model years old

•     Miscellaneous tools and equipment coverage can be included on a blanket basis

•     Theft coverage can be excluded for a premium discount

•     Full coverage is provided for transit exposures

•     Flood coverage automatically included to full limit of insurance (Not available in coastal areas)

•     Earthquake coverage automatically included to full limit of insurance

•     Additionally acquired contractor equipment automatically covered for up to 60 days (available upon approval)

•     Debris removal up to 25% of loss; plus $5,000 if limit exceeded

•     Rented/borrowed (from others) equipment coverage is available for a flat fee annually (options of $25,000 or $50,000 per piece)

•     Coinsurance does not apply to blanket property or rental equipment

•     Scheduled equipment is automatically registered in the National Equipment Registry Theft Database

•     In case of a claim, same day contact by claims adjuster and physical inspection of damaged property within seven hours

•     Theft coverage can be excluded for a premium discount

Limits of Insurance:

•     $1,000,000 per schedule of equipment

•     Florida and Coastal $500,000 total limit per schedule

•     $150,000 per individual piece of equipment

•     $15,000 on miscellaneous tools and equipment

If you need an insurance quote for your construction equipment, contact Boardwalk Insurance Group today.  Their friendly and knowledgeable representatives are ready to assist you.


Non-Standard Commercial Insurance Policies 5.00/5 (100.00%) 1 vote

Not all businesses qualify to be placed under traditional standard insurance company programs.  Luckily, there are many insurance companies in every state which will write those businesses which don’t qualify for admitted products.

From small businesses to large corporations, Boardwalk Insurance group has built a solid reputation for providing comprehensive coverages and competitive pricing for our clients.  Below is a list of just some of the non-standard commercial policies we can place for our customers:

  • Engine Repair for Oilfield Equipment
  • General Contractors
  • Roofers
  • Hotels and Motels
  • Lessor’s Risk
  • Restaurants & Cafes
  • Bars and Nightclubs
  • Condo and Apartment Complexes
  • Convenience Stores
  • Gas Stations
  • Sub-Contractors
  • Builder’s Risk Policies
  • Construction Insurance

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