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25 Sep Demolition Liability Insurance
The building demolition industry generates as much as $6 billion in revenue per year and is expected to grow 2.4% in upcoming years. If you’re a part of this industry that employees more than 24,000 people, you have a good idea how imperative it is to have the right insurance backing every demolition project.
Demolition liability insurance is an invaluable asset to contractors and Evolution Insurance Brokers are expert providers in this specialized type of insurance coverage.
A worksite where buildings are being demolished is a worksite where accidents will inevitably happen. When somebody gets hurt, you, the contractor, need to be covered with demolition contractor liability insurance. Our expertise and available policies are the solutions. Evolution Insurance Brokers can ensure you stay ahead of the perils of the industry. Such perils include but are not restricted to:
- Unexpected structure collapse
- Employees falling from one level to another
- Falling objects
- Exposure to dangerous chemicals
- Hazardous noise from plant and explosives used in demolition work
- The proximity of the building or structure being demolished to other buildings or structures
Building demotion costs are already a consideration for demolition contractors. EIB understands this and will work to make our insurance premiums affordable without reducing the coverages or limits.
The demolition industry is one that necessitates attention to detail. We share this trait with the foreman and machine operators. We work with our clients to assess the risks they face in their everyday operations. If a claim does need to be filed due to a demolition worksite accident, Evolution Insurance Brokers will be completely prepared, providing legal defense and covering any damages as detailed in the purchased policy.
EIB has earned a stellar reputation over our 31 years working with businesses and individuals. We offer customized solutions for a wide array of insurance needs, including general liability for building demolition. Contact us for a quote today.