Contractors Insurance

Contractors get the job done—but take on a lot of risk while doing it. The Bureau of Labor Statistics reports that about 4% of all workers in the industry suffer injuries or illnesses—and the resulting costs add up. This is compounded by the many other problems that can occur at a given work site. Due to the many risk factors contractors routinely face in their work, good insurance policies become essential to any successful contractor's operation.

You should also consider how you're going to run your business. For example, running it as a Limited Liability Company (LLC) can help insulate you from cost overruns and avoid putting your personal assets at risk if a claim larger than your policy is filed. Our agents can help you determine the likelihood of hazardous situations to your business and how best to prepare for them.

What a Contractors Insurance Package Covers

Contractor's insurance covers problems typically associated with the risks of construction and renovation projects, including risks to your employees, your work site, and anyone or any equipment involved. Most of these policies are a combination of other policies, often including:

  • A Business Owner's Policy
  • General Liability Insurance
  • Worker's Compensation
  • Commercial Vehicle Insurance

From there, what coverage is needed depends on the work that you do. Contractors in different industries often have different insurance needs (and occasionally different requirements, depending on local legislation). Gordon Insurance can help you determine which forms of insurance are required for your company and ensure that you're never left exposed.

Contractors Equipment Insurance

Getting a job done takes more than human expertise and a keen eye for detail—you need to have the right tools for the job, or it's probably not going to be finished. However, if something goes wrong and your equipment is damaged or destroyed, you stand to lose a lot of money. This is particularly true if your company operates any larger pieces of equipment (bulldozers, etc.), which are sometimes omitted from normal coverage.

Gordon Insurance's goal is to mitigate your risks as much as possible, and the more we know about your equipment, the better the policy we can offer. On request, we can let you know about how certain pieces of equipment are classified, the associated level of risk, and what kind of reimbursements you can expect if something goes wrong.

Contractor Vehicle Insurance

If you're one of the growing number of contractors who use vehicles during a job—not just to get to and from a worksite—then you may need an additional commercial vehicle policy that covers the vehicle(s) you use.

If you don't use your vehicle for commercial purposes, you may be able to lower your monthly premiums by having this coverage removed from your policy. The choice is ultimately yours, but if you're having trouble deciding, our agents can help you figure out whether or not your use of a given vehicle qualifies as a commercial purpose.

 

1. "About the Specialty Trade Contractors Subsector." U.S. Bureau of Labor Statistics. Accessed April 20, 2016. http://www.bls.gov/iag/tgs/iag238.htm.

2. "Sole Proprietorships vs. LLCs." Nolo.com. Accessed April 28, 2016. http://www.nolo.com/legal-encyclopedia/sole-proprietorships-vs-llcs.html.

3. Utschig, LeRoy. "Contractor's Equipment." Rough Notes. Accessed April 20, 2016. http://www.roughnotes.com/rnmagazine/1997/sept97/09p98.htm.

Gordon Insurance

20 El Camino Real

Redwood City, CA 94062

Main office: 650-654-5555
Toll free: 877-877-7755
Fax: 650-654-5550

Office Hours:

Mon: 8:00 AM - 5:00 PM
Tues: 8:00 AM - 5:00 PM
Wed: 8:00 AM - 5:00 PM
Thurs: 8:00 AM - 5:00 PM
Fri: 8:00 AM - 5:00 PM
Sat: Closed
Sun: Closed

Our Providers

Testimonials

For over 20 years Dave Gordon and Associates have taken care of all my insurance needs. This includes insurance coverage on multiple types of commercial and residential properties some of which had complex insurance requirements. They have NEVER failed me. The staff is fantastic, assuming the role of liaison between banks, investors, and me to always provide required documents and the proper policy types at the best price without delay or hesitation. I can always count on Dave Gordon and Associates to resolve any issues and/or return my call or email within less than 24 hours! Dave Gordon and Associates is a testimonial to the professional, courteous, efficient, and knowledgeable service that should always be provided to clients . I have no reservations referring Dave Gordon as your "go to" Broker for all your insurance needs.
Marv Remmich, Realtor & Property Manger, Property Owner, Developer
I started with Dave Gordon in 1985, and have never looked back. He and his staff have been on the ball, always getting back to me in a day. I have my retail store in San Francisco and an apartment house with him. Every month I get a flyer in the mail, telling me about the great service and low price offered by others, and when I have followed up, the price was always higher and the answers slow to get. When I wanted to raise the coverage for "code upgrade" on the apartment house, to $250K he switched me to another carrier that included $500K in coverage at a cost of $120. a year more. That is looking out for the Client. His outfit is the best.
Ed Regan Business and Property Owner
I have 4 properties, an auto and a $5 Million umbrella insurance policy that I had been doing business with another insurance co. When it came time to renew these policies, for the first time I decided to compare the coverages and the premium rates being charged by a very large & well-known nation wide insurance company. I was absolutely flabbergasted when I made my comparison sheet with Gordon Insurance Co. & the other 4 insurance company quotes. Gordon was lower than all 4 companies and I also was very impressed by the way the owner David & his staff treated me during this process. They are very attentive, detailed, courteous & say what they mean, & mean what they say & get the job done. I am going on 3 years in doing business with Gordon Ins. Co. & do not plan on switching companies, since I have been so satisfied with their service across the board in each department. I strongly recommend Gordon Insurance to you & give them my 5 STAR RATING! Suggestion: Gather 3-5 insurance quotes from different companies. Then call Gordon Ins. Co. and they will give you their quotes. In comparing these quotes, you will be amazed at how reasonable Gordon's rates are! They use top grade insurance companies - not unknown, fly-by-night companies that do not stand behind their insured customers! Like me, you also will be very satisfied with Gordon's rates & service for years to come! Try them - You will like them also!!
Peter Kelsch Investment Property Owner San Francisco
I first met Dave Gordon about 20 years ago (!) when I had a retail printing shop near his insurance office. He needed printing for his business and I needed insurance for my business, my home and my cars. I have been doing business with Dave and his company ever since, and I have never had any reason to even consider switching my insurance business to anyone else. Dave and his staff are knowledgeable about their business (and they do a great job of staying informed about their industry, which is constantly changing) and they are always super responsive to any of my inquiries and needs. Dave's company is one that I can always count on. Try them and I don't think you will be disappointed. Gordon Insurance delivers!
Carl Gosline TigerType Print & Design
Over the years, I have found David Gordon to be a professional who knows his business thoroughly and has been able to provide competitive insurance products for my commercial properties as well as my home and cars. In addition, Travelers Insurance came through to exceed my expectations of how an insurance company responds to claims after a substantial water damage claim at my home last year. I wouldn't hesitate to recommend Gordon Insurance to my friends and family.
F. William Mainzer Business and property owner
As HOA President for Bay Ridge Condominiums, I can confirm that we have been a satisfied client of Gordon Associates Insurance Services since 10/12/2002. I have had the pleasure of working with most of the staff and have found them to be dependable, hard-working and dedicated to providing me with the service and products that suit our association's needs. I'm happy to recommend Gordon Insurance for your insurance needs and would be open to providing further information if requested.
Kent R. Clark, president, Bay Ridge Condominiums, HOA
In addition, Travelers Insurance came through to exceed my expectations of how an insurance company responds to claims after a substantial water damage claim at my home last year. I wouldn't hesitate to recommend Gordon Insurance to my friends and family.”
F. William Mainzer, Business and property owner
I first met Dave Gordon about 20 years ago (!) when I had a retail printing shop near his insurance office. He needed printing for his business and I needed insurance for my business, my home and my cars. I have been doing business with Dave and his company ever since, and I have never had any reason to even consider switching my insurance business to anyone else. Dave and his staff are knowledgeable about their business (and they do a great job of staying informed about their industry, which is constantly changing) and they are always super responsive to any of my inquiries and needs. Dave's company is one that I can always count on. Try them and I don't think you will be disappointed. Gordon Insurance delivers!
Carl Gosline, TigerType Print & Design
I just want to say I have heard very good things about and your ethics in business. I was probably in the worst phase of my life when dealing with my insurance items with you and didn't care about much at the time. I feel better now and just want to thank you and appreciate your support. I have known you for a long time as a friend and I do not like business transactions in the first place. Hearing what I hear from various people is so nice and I feel you need to know that you are very well respected out there.
Julie G
I started with Dave Gordon in 1985, and have never looked back. He and his staff have been on the ball, always getting back to me in a day. I have my retail store in San Francisco and an apartment house with him. Every month I get a flyer in the mail, telling me about the great service and low price offered by others, and when I have followed up, the price was always higher and the answers slow to get. When I wanted to raise the coverage for "code upgrade" on the apartment house, to $250K he switched me to another carrier that included $500K in coverage at a cost of $120. a year more. That is looking out for the Client. His outfit is the best.
Ed Regan, Business and Property Owner