Contractor Bonds

It protects your business and is often required by many employers before you can start working for them. The Allen Thomas Group agents will evaluate your unique risks and operations to determine appropriate coverage limits that fit your budget while still fully protecting your business. From employee injuries to damaged property, lawsuits and claims can easily arise, putting your hard work and livelihood at stake. In addition to commercial general liability insurance, independent contractors may need other types of small business insurance, including:Every state requires this coverage for vehicles that are registered to a business, or the ability to compensate someone in case of an auto accident. In addition to commercial general liability insurance, independent contractors may need other types of small business insurance, including:Every state requires this coverage for vehicles that are registered to a business, or the ability to compensate someone in case of an auto accident.

In most cases, independent and self-employed contractors aren’t required to carry workers’ compensation insurance. Your loss history - frequent past claims will drive up rates. Construction is an inherently risky industry. Construction is an inherently risky industry.

At Allen Thomas Group, our products and insights help general contractors to anticipate potential threats by planning for them, ultimately helping to reduce loss costs while keeping projects on schedule. It is important for contractors to carefully review and understand the policy limits of their liability insurance. Here's what to look for in a true insurance partner:Industry expertise - They should thoroughly understand the contractor insurance field including unique risks, coverages, regulations and carrier options. Here's what to look for in a true insurance partner:Industry expertise - They should thoroughly understand the contractor insurance field including unique risks, coverages, regulations and carrier options.

Business owners can add an additional insured to their commercial general liability insurance policy. Your work is covered by a blanket additional insured endorsement on your clients or general contract's policy, providing coverage to a type of worker or group without specifically naming you or others as individual beneficiaries. The Allen Thomas Group does just that, providing in-depth, ongoing service and advice to keep our clients protected and empowered to grow. The Allen Thomas Group does just that, providing in-depth, ongoing service and advice to keep our clients protected and empowered to grow.

Contractors should work closely with their legal team to explore settlement options that align with their best interests.3. Insurance doesn't have to be complicated! Insurance doesn't have to be complicated!

This coverage protects you when a third party sues your business for bodily injury or property damage. When choosing an insurance provider, contractors should consider several factors. When choosing an insurance provider, contractors should consider several factors.

Skilled negotiation can help contractors reach favorable settlements, avoiding lengthy and costly court proceedings. The additional insured can receive coverage for lawyers’ fees, court costs, and settlements or judgments. The additional insured can receive coverage for lawyers’ fees, court costs, and settlements or judgments.

Errors and omissions insurance, also known as E&O or professional liability insurance, can offset the cost of a lawsuit if a dissatisfied client sues you over your work. Liability coverage helps shield your personal finances. Liability coverage helps shield your personal finances.

Learn six ways contractors can effectively manage their cost of risk to help improve their bottom line, their reputation and worker safety. Learn six ways contractors can effectively manage their cost of risk to help improve their bottom line, their reputation and worker safety.

That's why it's critical to protect your company's finances, assets and livelihood with proper insurance. That's why it's critical to protect your company's finances, assets and livelihood with proper insurance.

You've worked hard to build your company and reputation. You've worked hard to build your company and reputation.

General liability coverage protects businesses against common business risks like customer injury, property damage, and advertising injury claims. An additional insured is defined as any person covered by an insurance policy other than its policyholder, who enjoys less coverage but still gains crucial protection, including:Defense Coverage. Assists you with covering medical expenses and legal fees associated with defending against an event covered under this plan.
 The type of contracting business you own as well as its size and location will impact what types of insurance policies may be necessary. A knowledgeable insurer is essential to your success - our Risk Control, Underwriting and Claim professionals specialize in your industry and can assist in managing complex indemnity, additional insured and contractual exposures more effectively.
 A knowledgeable insurer is essential to your success - our Risk Control, Underwriting and Claim professionals specialize in your industry and can assist in managing complex indemnity, additional insured and contractual exposures more effectively.


We offer insurance through phone, online and independent agent channels; costs vary based on how you buy.
 Business auto insurance - Covers liability and damage involving vehicles used for business purposes like work trucks. Here are three coverage options that contractors should consider:1. Each job site brings potential for injuries, property damage, and costly lawsuits. Each job site brings potential for injuries, property damage, and costly lawsuits.

People who work for themselves and don’t have any employees generally aren’t required to have workers’ comp insurance, but it's still a good idea to carry coverage. Contractors should carefully review their insurance requirements and consult with an insurance professional to determine the appropriate coverage options for their specific needs.