As a contractor, you’re constantly worried about hitting deadlines, protecting equipment and watching the weather. Since contractors have to deal with many complex issues, there are some additional policies that one should consider for increased protection.
Installation Floaters cover specific materials / items that a contractor is planning to install. This covers either all risks or specific sources of losses for materials or equipment specifically named in the policy. We can help you add an Installation Floater to your Builder’s Risk policy.
An example, you’re a contractor working on a project installing new plumbing in a commercial building, and you naturally have your extra materials and tools stored on site. In the middle of the night, a fire breaks out on the property and in the storage area, thus your material and tools are destroyed. Depending on the policy, your builders’ risk policy may not cover your equipment in this case, but if you have an installation floater you will have that extra layer of protection.
One of the biggest risks contractors face is theft of their tools, equipment, machinery or materials. Don’t leave your assets you need defenceless to face that risk without adequate protection. Contractors can safeguard themselves from financial loss by protecting the smaller assets that help get the job done with the right insurance coverage.
An example, you’re a contractor working on a project installing new plumbing in a commercial building, and you naturally have your materials stored on site, or offsite, or in transit. In the middle of the night, a fire breaks out where your materials are stored, and they are destroyed. Depending on the policy, your builders’ risk policy may not cover your materials, but if you have an installation floater you will have that extra layer of protection.
If you're running a contracting service, you most likely currently know how easily things can go wrong. From broken equipment to injured employees, and everything in between, building and construction is a hazardous industry where accidents happen every day. Being so, there are few things more vital to your contracting company than insurance that will cover you totally when hard times fall. So if you're trying to find the best possible license bond in Lubbock, TX, you’ve arrived - put your company in the capable hands of Pascal Burke Insurance Brokerage today!
General liability insurance gives you the peace-of-mind that your business assets are protected against risks or unforeseen events.
If one of your employees is injured or becomes ill as a result of their job, worker’s comp benefits cover the costs of getting them well.
This is a legal obligation that guarantees you'll perform your work according to your contract while adhering to the regulations of your license.
Extend your insurance, so you are covered in case a client requires higher liability insurance or protect against a high-dollar incident or claim.
Many contracting insurance brokers have business diplomas and briefcases - they might understand the stats, however they don't have the facts. When you select Pascal Burke Insurance Brokerage, Inc., you're drawing from decades of experience in the building and construction industry. Having been in the field ourselves, we know your insurance needs like the back of our hands - hands that are still calloused from the work you do everyday. Some things just can't be taught - they must be lived. So, if you want insurance coverage brokers who'll treat your company as they would their own, we're the ones for you. Let's build something.
In 1974, our founder and president Pascal Burke began his career in construction as an architect’s apprentice, but his heart was in building so he joined a large concrete company, building parking structures and sports stadiums, After a few years he began his own construction company specializing in parking structures until 2005, he then joined the board of directors of an insurance company that specialized in contractors general liability. After 4 years, he began Pascal Burke Insurance Brokerage, Inc. Since this beginning we have specialized in contractors’ insurance and are licensed in over 40 states. We truly know contractors from the ground up!
Lubbock is the 11th-most populous city in the U.S. state of Texas and the county seat of Lubbock County. With a population of 257,141 in 2020, the city is also the 86th-most populous in the United States. The city is in the northwestern part of the state, a region known historically and geographically as the Llano Estacado, and ecologically is part of the southern end of the High Plains, lying at the economic center of the Lubbock metropolitan area, which has an estimated population of 327,424 in 2020.Wikipedia