Summer Construction Boom in Phoenix: Do You Have the Right Insurance Coverage?

Construction activity in Phoenix, AZ can rise during the summer, along with exposure for contractors and project teams. Facil Insurance offers insurance solutions that may reflect your business needs.

Why Summer Brings Unique Risks

Extreme heat may increase the risk of equipment failure, worker illness and project delays, potentially leading to liability claims. Dry conditions can increase the risk of fire, while the monsoon season may bring sudden flooding and winds that can stop work and inflict significant damage. Multifaceted and customized insurance solutions may be necessary to address all of these exposures.

Key Insurance Policies for Construction Businesses

Many construction insurance packages may include the following types of policies:

• General liability insurance may cover third-party claims for bodily injury, property damage or personal injury caused by your operations.
• Commercial property insurance can cover tangible assets at a construction business’s own location, such as its offices, furniture and inventory.
• Builders risk insurance may apply to buildings under construction, as well as temporary structures, important documents and materials left on site during a project.
• Commercial auto insurance may cover vehicles used for business, including trucks and trailers traveling to job sites.
• Workers’ compensation insurance may provide benefits to employees injured or made ill on the job, as required in most states.
• Inland marine insurance may apply to tools, equipment, supplies and other property if lost, stolen or damaged while being transported or stored off-site.
• Professional liability insurance may help address claims of errors, omissions or negligence in your services.

How We Help Construction Businesses in Arizona

Facil Insurance assesses your risks to help you compare policies and find coverage that fits your trade, project type and crew size. Contact Facil Insurance today to get a free custom quote and learn more.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.