Insurance for Infrastructure Construction

This industry includes companies that both construct and maintain infrastructure. Services may include the construction or maintenance of airport runways, bridges, highways, sidewalks, roads, sewage systems, storage tanks, and sewage treatment plants.

The infrastructure construction business may contain many known and unknown risks. These risks if not managed properly could cause serious harm to your business and personal assets. A slip and fall lawsuit alone could cripple your business profits. That is why infrastructure construction businesses need insurance to protect your business and personal assets from all potential risks.

Infrastructure construction faces a lot of risks, below are some of those:

• A client visiting your office trips over a wire that caused him to suffer a broken arm. You’ll not only be responsible for the medical expenses to your client but for the attorney and court, fees should the client decide to file a slip and fall claim.
• One of your employees suffered a broken leg because of a work-related accident.
• The scaffolding your contractors used suddenly collapsed. Thankfully no one was hurt but the neighboring buildings have broken glasses, destroyed signs, and the cars were damaged as well.

The cost of insurance for infrastructure construction depends on the type of coverage needed, the number of employees you have and the size of your business. To find out the cost of your insurance policy, simply talk to our insurance experts or apply online to get a free quote.