Construction Insurance in Santa Barbara, CA
Construction companies need flexible solutions to guard against a variety of risks. With Holmes & Holmes Insurance Agency, Inc., finding the right policies is possible. Our team can help you sort through your options and find coverage that aligns with your operations and financial goals.
What Types of Insurance Does a Construction Business Need? 
All licensed contractors in California must carry general liability insurance and workers’ compensation insurance. Penalties for non-compliance include daily fines and license suspension or revocation.
A robust insurance plan for a construction company usually includes the following:
- Property insurance
- General liability insurance
- Workers’ compensation
- Surety bonds
- Builder’s risk insurance
- Commercial auto insurance
- Business interruption coverage
Depending on your operations, you might also consider policies, such as:
- Employee tools coverage
- Equipment breakdown insurance
- Professional liability insurance
- Completed operations liability insurance
If you own a small business, a business owners policy (BOP) could be a good starting point. BOPs combine property, general liability and business interruption coverage into one package. They’re also flexible, so you can add more coverage as needed.
How Much Should I Expect for Coverage?
Many factors impact construction insurance costs, including industry, workforce size, location and the types of coverage you choose. Compare options from multiple insurers to find suitable coverage at favorable rates.
How Can I Get Construction Insurance?
Working with an experienced insurance agency can make the process much easier. Holmes & Holmes Insurance Agency, Inc. can assist you in selecting policies that can benefit your construction business. We work with a range of carriers to build strong coverage packages that support your goals. Contact us today to learn more.