Get the Construction Confidence You Deserve With Alabama Contractor Insurance
The Allen Thomas Group is proud to be your trusted partner for contractor insurance in Alabama with over 20+ years of experience in the industry. Potential risks and liabilities can seriously affect the integrity and reputation of your small business.
According to NOAA data, Alabama ranks among the states for the maximum number of thunderstorm days (60-70) annually.
Accidents happen on any job site. In 2023, the average construction workers compensation claim cost $51,193, according to the Bureau of Labor Statistics. General liability insurance shields business owners from potentially ruinous financial burdens in the event of an accident.
Your team is your treasure. Workers’ comp insurance can help cover 72% of lost wages, including medical care, for employees in Alabama suffering from bodily injuries at work, according to the Alabama Department of Labor.
This essential coverage provides benefits to employees and your business.
While you need to be prepared with risk management strategies, insurance is another way to shield yourself.
Getting the right type of insurance is key to safeguarding your business. Let us help you find the insurance you need to succeed.
Get a quote now that covers all of your coverage needs!
How much does contractor insurance cost in Alabama?
General liability insurance for contractors in Alabama can range from $275 to $13,000 annually, depending on the industry and other factors. The average annual premium for general liability insurance for contractors in Alabama is around $1,300.
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Get Insurance Coverage for Alabama Construction and Contracting Trades
- Appliance Repair
- Carpenter
- Concrete Contractor
- Drywall Contractor
- Electrician
- Electrical Equipment Installation
- Excavation
- Fence Installation
- Flooring Contractors
- General Contractor
- Glass and Glazing Contractor
- HVAC Contractor
- Handyman Services
- Home Renovation and Remodeling
- Landscaper
- Masonry
- Painter
- Paving Contractor
- Plumber
- Roofing Contractor
- Sheet Metal Contractor
- Septic Tank Contractor
- Snow Plowing
- Steel Erectors
- Tile and Stone
- Telecommunications & Equipment Installer
- Utility Contractor
Essential Business Insurance Options for Alabama Contractors
Contractor insurance refers to the various types of insurance coverage contractors need to safeguard their business. The main types of insurance Alabama contractors require include:
This is the cornerstone of any contractor’s insurance portfolio.
General liability insurance can help protect your business from financial losses due to third-party injuries, property damage, and personal and advertising injuries arising from your operations.
In Alabama, it’s often required for obtaining licenses and by many clients before awarding contracts.
Accidents happen on even the safest job sites, and general liability insurance can shield you from lawsuits and cover medical expenses, legal fees, and other costs.
An essential insurance requirement for contractor Alabama business, this protects your company’s owned property, such as buildings, equipment, and tools, from damage or loss from various causes.
Property insurance coverage can help cover your valuable assets, including tools and equipment, against fire, theft, weather events, and other covered perils.
A general contractor in Alabama needs this temporary coverage to protect their property under construction against damage or loss from fire, theft, vandalism, and weather events.
It is designed to protect larger projects with longer construction timelines and guarantees financial protection for valuable materials and structures during the building process.
Safeguarding specialized machinery represents a significant financial priority for construction contractors.
Backhoes, bulldozers, cranes and other heavy equipment often carry price tags in the hundreds of thousands. Theft or damage to these investments from perils like collisions or natural disasters can cripple operations.
Fortunately, equipment insurance provides customizable protection for contractors’ expensive gear. Policies cover common risks like fire, accidents, vandalism, flood, etc.
Additional options include protection for equipment modifications, reimbursement for rental gear during repairs, and coverage for tools and spare parts.
Your construction insurance package is incomplete without this liability coverage. The right Vehicle insurance shields your company in case of accidents.
The right coverage is essential to protect your business from financial losses if your vehicle is involved in an accident, regardless of fault.
Workers’ compensation insurance in Alabama is mandatory and provides medical care and lost wages to employees who are injured at work site.
Although insurance requirements vary by state, it provides peace of mind and protects your Alabama workers well-being.
Worker’s compensation insurance helps protect every general contractor if a worker decides to sue you for workplace injuries and covers medical expenses, lost wages, and rehabilitation costs.
Other Valuable Coverages
Excess Liability Insurance (Umbrella Policy): Provides an extra layer of protection to your business operations beyond the limits of your primary policies.
Commercial Flood Insurance: Important if your business is located in a flood-prone area.
Cyber Liability Insurance: Covers financial losses from data breaches and cyberattacks.
Expert Architects: Our seasoned professionals thoroughly assess your unique risks and needs, then architect a customized insurance plan that fits your budget while comprehensively protecting your business assets and interests.
Consider us the blueprint architects for your ideal insurance portfolio.
Competitive Quotes: We’ll gather bids from highly-rated national and regional insurance carriers, then leverage our decades of industry experience to identify the optimal blend of coverage, service quality, and affordability tailored precisely to your business needs. Think of us as your personal insurance shopping assistant.
Clear Communication: We speak plain English, not the impenetrable insurance jargon even experienced contractors find confusing.
We’ll ensure you thoroughly understand your coverages and feel 100% confident in every selection.
Commercial Insurance Solutions Customized For Alabama Contractors
Yes, Getting A Certificate Of Insurance Is Really That Easy
We know the process of finding the right insurance can be quite frustrating and overwhelming. Undoubtedly, it can affect your ability to take care of your customers, especially when you are waiting for bonds or a Certificate of Liability Insurance.
Let us help fix it for you.
Tell us about your specific needs and we will find the right policy for you.
Review the results of our search.
We will walk you through your new policy step by step.
We’ve helped thousands of Construction Contractors in Alabama Just Like You
Our Carrier Partners
That allows us to find the best rates for your construction business
Why Choose The Allen Thomas Group for Alabama General Contractor Insurance?
Local Expertise: The Allen Thomas Group is well-versed in the unique risks, regulations, and insurance needs specific to Alabama contractors.
Our goal is to help protect their business. No one understands those nuances better than our local experts.
Contractor-Focused Approach: We’re not just salespeople. We’re true partners deeply invested in the success of your construction business. Let us help protect your business so you can focus on your core construction work.
Unwavering Commitment: We’re always in your corner, from initial consultations to ongoing support to assistance when the unimaginable occurs. Consider us your insurance lifeline now and for years to come.
Regular Inspections: We schedule periodic coverage reviews to confirm your policies meet your emerging needs as projects, employees, and exposures evolve. Think of us as the diligent inspectors ensuring your fortress remains impenetrable.
Don’t let insurance-related worries cast long shadows on your Alabama construction dreams.
Contact the friendly, grounded experts at The Allen Thomas Group today for a free consultation tailored to your unique needs. Together, we’ll build an Alabama contractor insurance fortress as solid as the structures you erect in the construction industry every day!
Whether you are a contractor or a subcontractor, specific insurance coverage in place provides much-needed protection in case someone files a claim against you.
Get a certificate of insurance without delay.
We offer free consultations to discuss your unique situation in depth.
Questions About Contractors Insurance and Other Key Resources
Get More Insights On Making The Right Insurance Decision For Your Company
What role does an insurance broker play in acquiring Alabama contractor insurance?
As an experienced insurance provider, we’ll guide you step-by-step through meeting Alabama’s often complex licensing mandates, ensuring your insurance coverage checks all the boxes for full compliance.
Rely on us as the definitive guide to licensing labyrinths.
How does experience influence the cost of Alabama contractor insurance?
Typically, contractors with more years of experience and a clean claims history may be able to secure lower premiums for their insurance. This is because they are seen as less risky to insure compared to those with less experience or a high number of claims.
What type of coverage does Alabama contractor insurance provide against theft?
Alabama contractor insurance provides coverage for equipment and tool theft. But details are not the same for each policy.
As insurance experts, we share invaluable risk management insights and strategies tailored to the perils facing construction companies, helping you minimize a variety of risks.
We’re your partners in identifying and addressing vulnerabilities before they become headaches. Choose from a range of insurance policies available to protect businesses and their employees.
Why is it important for a contractor in Alabama to have an experienced and knowledgeable broker when purchasing their liability insurance?
We evaluate the unique risks inherent to each of your construction projects, from residential renovations to commercial high rises, and meticulously tailor your Alabama construction insurance to address those specific perils.
Think of us as project risk assessors par excellence.
How can having proper contractor’s Insurance protect me in Alabama?
We share invaluable risk management insights and strategies tailored to the perils facing construction companies, helping you minimize a variety of risks.
We’re your partners in identifying and addressing vulnerabilities before they become headaches.
Choose from a range of insurance policies available to protect businesses and their employees.
Additional Resources and Links for Alabama Contractors Seeking Insurance:
- Alabama State Licensing Board for General Contractors: https://genconbd.alabama.gov/
- Associated Builders and Contractors of Alabama: https://www.facebook.com/ABCAlabama/
- Alabama State Construction Licensing Board: https://genconbd.alabama.gov/: https://genconbd.alabama.gov/
- Bureau of Labor Statistics: https://www.bls.gov/regions/southwest/news-release/employercostsforemployeecompensation_regions.htm
- https://www.bls.gov/regions/southwest/news-release/employercostsforemployeecompensation_regions.htm
- NOAA: https://www.ncei.noaa.gov/access/monitoring/scec/records
Areas We Serve In Alabama
Alabaster
Albertville
Alexander City
Andalusia
Anniston
Arab
Athens
Atmore
Attalla
Auburn
Bay Minette
Bessemer
Birmingham
Boaz
Brewton
Brook Highland
Calera
Center Point
Chelsea
Chickasaw
Clanton
Clay
Cullman
Daleville
Daphne
Decatur
Demopolis
Dothan
Enterprise
Eufaula
Fairfield
Fairhope
Florence
Foley
Forestdale
Fort Payne
Fort Rucker
Fultondale
Gadsden
Gardendale
Glencoe
Grayson Valley
Greenville
Gulf Shores
Guntersville
Hamilton
Hartselle
Harvest
Helena
Highland Lakes
Homewood
Hoover
Hueytown
Huntsville
Irondale
Jacksonville
Jasper
Lanett
Leeds
Lincoln
Madison
Margaret
Meadowbrook
Meridianville
Midfield
Millbrook
Mobile
Monroeville
Montevallo
Montgomery
Moody
Moores Mill
Mountain Brook
Muscle Shoals
Northport
Oneonta
Opelika
Opp
Orange Beach
Oxford
Ozark
Pelham
Pell City
Phenix City
Pike Road
Pinson
Pleasant Grove
Prattville
Prichard
Rainbow City
Rainsville
Roanoke
Robertsdale
Russellville
Saks
Saraland
Satsuma
Scottsboro
Selma
Semmes
Sheffield
Smiths Station
Southside
Spanish Fort
Sylacauga
Talladega
Tarrant
Theodore
Tillmans Corner
Troy
Trussville
Tuscaloosa
Tuscumbia
Tuskegee
Valley
Vestavia Hills
Wetumpka
