Demolition Contractors

Fairbanks Insurance Brokers provides a suite of contractor’s insurance coverages that will allow the Building Moving and Demolition Contractor to transfer the risk to a highly rated insurer.

A demolition contractor’s operations involve the removal of buildings, structures, and homes from their job sites.

This hazardous work leaves demolition contractors facing an elevated risk of third-party bodily injury and property damage claims and their employees exposed to work-related injuries and illnesses.

Here is What We Recommend:

General Liability

A General Liability policy provides needed financial protection against third-party claims for bodily injury, property damage, defense costs, and products/completed operations.

Workers' Comp

Numerous U.S. states require demolition contractors to be responsible for job-related injuries and illnesses to their staff.

Workers’ compensation insurance provides medical expenses, lost wages, and rehabilitation costs to employees in the event of a work-related injury or illness.

Surety Bonds

A surety bond is not the same as insurance protection.

It is like a guaranteed line of credit if your business cannot complete a project according to the terms of the agreement.

It can also protect your vendors if your business does not pay invoices for services and products.

Commercial Auto

A contractor in the business of moving or demolishing buildings will routinely use trucks and vans with various gross vehicle weights.

A commercial auto policy will provide the higher limits required when moving buildings on a roadway and protect your vehicles if damaged in an accident or stolen.

Inland Marine

Demolition contractors rely on various tools and equipment to complete every project effectively.

Our tool and equipment insurance will reimburse your company to repair or replace lost, stolen, or damaged tools and equipment by a covered peril.