Expert Construction Insurance Broker in Novato, CA

A construction company needs a suite of policies. Commercial General Liability is fundamental for covering third-party injury or damage. Builder's Risk protects the structure during construction. Commercial Auto covers vehicles, and Workers’ Compensation is mandatory for employees. Depending on your services, you might also need Professional Liability (E&O) and Inland Marine coverage for tools, which we can help you bundle.

The cost varies based on your company's size, claims history, project types, and coverage limits. Contractors in California may see different rates due to state regulations and regional risk factors. Our brokers shop your policy with hundreds of carriers to find the most competitive pricing for your specific Novato-based operations, ensuring you get the best value without sacrificing protection.

A builder's risk policy, or course of construction insurance, protects your project from damage while it's being built. It typically covers the structure and materials on-site from perils like fire, theft, vandalism, and weather events. This policy is essential for general contractors and property owners to safeguard their significant investment from groundbreaking until the project is completed and handed over.

In California, you are required to provide workers' compensation for direct employees. If subcontractors are truly independent and carry their own coverage, you may not need to cover them. However, misclassification can lead to severe penalties. We strongly advise verifying that all subcontractors provide a valid certificate of their own workers' compensation insurance to protect your business from potential liability.

We understand that project delays are costly. Our process is built for speed. Once your policy is bound, we can typically issue Certificates of Insurance (COIs) on the same business day. This ensures you can provide proof of coverage to general contractors, property owners, or municipalities without waiting, keeping your Novato projects on schedule and compliant with contractual requirements.

Completed operations coverage is a crucial part of a General Liability policy that protects your business against claims for injury or damage that occurs *after* you have finished a project. For example, if a deck you built collapses a year later, this coverage would respond to the claim. It's essential for protecting your business from long-term risks associated with your finished work.

Standard General Liability or Builder's Risk policies typically do not cover your tools and mobile equipment. To protect these valuable assets, you need a separate policy called Inland Marine or a Contractor's Tools and Equipment floater. This covers your items whether they are on a job site, in storage, or in transit. We can easily add this vital coverage to your insurance program.

A broker like Soma works for you, not the insurance company. We have access to hundreds of carriers, allowing us to shop the market for the best coverage and price. Direct agents only offer products from one company. We provide expert, unbiased advice, help you navigate complex claims, and ensure your policy is perfectly tailored to your construction business's specific risks.