Construction Insurance
Working with a broker who understands your industry and how that relates to your insurance needs is paramount to creating a well-priced yet thorough insurance program.
Parenti & Associates Contractor’s Program is setup based upon needs we have uncovered through contact with over 1,000 contractors. The program is backed by over 90 carriers who have a strong appetite for construction risks and can write policies ranging from Pollution Liability to Workers Compensation and everything in-between.
Chris Larmore is a Certified Insurance Specialist In Construction and is the head of our construction program. He has been helping contractors in the bay area for 5 years and is endorsed by the San Francisco Builders Exchange. Chris continuously stays on the edge of construction insurance knowledge through aggressive continuing education and staying in close contact with his customers.
Chris can be contacted by writing him at
or calling him at (650) 596-9500. He responds to all phone calls within 24 hours.
Our experience covers a wide spectrum of
businesses in the construction industry:
- General Contractors
- Builders
- Architects
- Engineers
- Electrical Contractors
- Landscaping Contractors
- Drywall, Plaster, Ceiling Contractors
- Roofing Contractors
- Drilling Contractors
- Plumbing Contractors
- Concrete Contractors
- Underground Utility Contractors
- Air Cond. Contractors
- Fence Contractors
- Overhead Door Contractors
- Pool and Spa Contractors
- and more....
At Parenti & Associates we believe we have to understand your company before we can insure it. Your company is continuously evolving and if your broker isn’t staying within arms reach, your insurance may not truly reflect your needs.
Contact us today to set a 15-20 minute diagnostic appointment so we can understand the goals you have set for your insurance program.
Parenti & Associates Inc. provides the following types of construction insurance
protection:
Auto - Commercial
A commercial automobile insurance policy is required
under most circumstances when the vehicle is used for business
purposes and meets certain other requirements. It is not
just the registration that determines the requirement for
a business automobile insurance policy. Other requirements
are ownership by a corporation, use in hauling goods for
hire, and gross vehicle weight of the vehicle. Some small
trucks can be owned and insured under a personal automobile
insurance policy under specific circumstances.
Commercial automobile insurance policies are not regulated
in pricing, as are private passenger policies. There is
price competition between insurance companies for good
commercial automobile insurance.
Get A Commercial
Auto Insurance Quote
 Commercial Umbrella
Most package policies provide a liability insurance limit
of $1 million for any one loss and $2 million in any one
year. For many businesses, this limit is inadequate for
real economic security. As a result, additional layers
of protection in million-dollar increments are readily
available in today's insurance market for most businesses.
Get A Commercial Umbrella Insurance Quote
General Liability
Normally, it is difficult for businesses or general contractors
to work without general insurance. General liability insurance
is intended to guard operators and owners of companies
from claims that may come from a broad spectrum of sources.
These exposures could be just about anything, including
liability engendered by accidents from the operations of
the insured party, contractual liability, products manufactured
by the insured party, etc.
The liability you select, whether it is one, two, or three
million dollars, determines the cost of general liability
insurance. Also factored into the rates are the kind of
work undertaken, gross receipts and total payroll expenses.
Similar to auto insurance, when it comes to general liability
insurance, you will first have to make a down payment and
then follow it up with installments. Before buying general
liability insurance, it is best to compare the quotes available
in the market.
It is the business owner's or general contractor’s
job to make sure that the people working under him/her
are covered by an insurance policy. If for example, a person
who is not a part of the project gets injured, the injured
person’s lawyer can target just about anyone involved
in the project. The more individuals that are involved,
the greater the chances of a successful lawsuit.
Get A General Liability Insurance Quote.
Workers' Compensation
Workers' compensation insurance protects employers from
claims resulting from injuries to employees. It protects
your business from lawsuits and provides employees with
compensation for on-the-job injuries.
By law, most employers are required to provide coverage
for lost wages and medical bills incurred as a result of
on-the-job accidents or illnesses. For many businesses,
this coverage is the largest part of its insurance expense.
Get A Workers'
Compensation Insurance Quote
What's My Mod?
Other Insurance
 We offer contractor policies for every type of project:
- Property
- Builders risk insurance and course of construction
- Liability insurance
- General liability insurance
- Contractor insurance
- Commercial auto
- Umbrella
- Workers' compensation
- Railroad protective
- Equipment insurance
- Contractor bond
|
