Home Builders Insurance in Ontario
Construct the Perfect Coverage Unique to You
Partners with Over 15 of the Most Reputable Insurance Companies in Canada
āSo over the moon happy with these guys.Ā I was a first-timer today, extremely nervous about taking another step toward āadultingā by getting my own auto insurance. And when I say nervous, I mean NERVOUS. Dave was MORE than helpful. His personality put me at ease, and the way he explained things made me go from feeling anxious to comfortable. Dave did more than help me get my own insurance. Dave made me feel like it was just a normal conversation between people. Whereas other conversations have gone with other companies, I felt like a stupid kid in their 20s that didnāt know what they were doing. Itās comforting to know that now, in the future, when I need home insurance, etc. I know who to call. Thanks a million, Dave.ā
ā J. Indoe
āThe Jeffery & Spence team is wonderful. They have insured my assets for over 4 years. When I switched over from my old provider they made it easy. They were honest and reliable. I started simply with a call out for car insurance. They were able to take a look at 5+ companies and make sure I had the proper coverage at a great price. (They beat my old provider by $300). Slowly and surely as other asset insurance policies were coming to an end (home, business, additional vehicles) it only made sense to call over and get a quote. Additionally, there is customer service like no other. I call in frequently for updates and questions and whether itās the front desk or managers I have never felt like I was asking a stupid question. Jeffery & Spence is awesome and you owe it to yourself to just give them a call.ā
ā C. Pavao
Why Home Builders Insurance Is Essential
As a home builder, you know the importance of delivering quality work to your clients while keeping your employees safe. However, even the most cautious builders can face unexpected risks and challenges during construction projects. Home builders insurance is essential for protecting your business from financial losses due to property damage, accidents, or claims arising from your work. It provides the peace of mind that comes from knowing you have a safety net in place, so you can focus on building beautiful homes for your clients.
Types of Home Builders Insurance Policies
Home builders insurance policies can vary, but typically include the following types of coverage:
- Builders Risk Insurance: Protects against damage or losses to the construction project itself, including materials, equipment, and the structure being built.
- General Liability Insurance: Protects against claims related to third-party injuries or property damage.
- Professional Liability Insurance: Covers legal defense costs and potential damages arising from claims of negligence, errors, or omissions in your work.
- Tools and Equipment Coverage: Insures your valuable tools and equipment against theft, vandalism, or damage.
- Commercial Auto Insurance: Covers work-related vehicles for liability and physical damage.
- Workers’ Compensation: Provides financial protection for medical expenses and lost wages in the case of work-related injuries to employees or subcontractors.
Customized Coverage for Your Unique Needs
At Jeffery & Spence, we recognize that every home builder’s needs are unique. That’s why we work closely with you to understand your business and create a tailored insurance plan to fit your specific requirements. From small renovation projects to large-scale developments, we have the expertise and resources to offer comprehensive coverage that protects your business and gives you the confidence to keep building.
Additional Contractor Insurance Coverage
- Carpenters Insurance
- Electricians Insurance
- General Contractors Insurance
- HVAC Contractors Insurance
- Painters Insurance
- Plumbers Insurance
Get a customized home builders insurance quote below.
Home Builders Insurance in Ontario FAQs
Builders insurance in Canada is a type of business insurance specifically designed for homebuilders and construction companies. It provides coverage for various risks, such as property damage, injuries, and potential lawsuits that may arise during construction projects.
Buildersā risk insurance covers the property and materials involved in a construction project, while wrap-up insurance is a comprehensive liability policy that covers all parties involved in the project, including the contractor, subcontractors, and owner.
Buildersā risk insurance is a specialized policy designed to cover property damage and losses during the construction process. It typically includes coverage for materials, equipment, and the structure being built, protecting the builder from financial losses in case of accidents, theft, or natural disasters.
Have Questions?
