Partners with Over 15 of the Most Reputable Insurance Companies in Canada
“So over the moon happy with these guys. I was a first-timer today, extremely nervous about taking another step toward “adulting” 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 didn’t know what they were doing. It’s comforting to know that now, in the future, when I need home insurance, etc. I know who to call. Thanks a million, Dave.”
— J. Indoe
“The 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 it’s 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.”
— C. Pavao
Prepare Your Business and Reduce Your Stress
As a general contractor, you take on numerous responsibilities and manage various aspects of construction projects. This exposes you to a wide range of risks. Having the right insurance is essential to protect your business and give you peace of mind.
The Importance of General Contractor Insurance
You work hard to deliver quality projects and ensure customer satisfaction. However, accidents can happen, and without proper coverage, you could face significant financial losses. General contractor insurance offers protection against potential liabilities, lawsuits, and other unforeseen events that could jeopardize your business.
Comprehensive General Contractors Insurance Policies
There are several types of insurance policies available to suit the unique needs of general contractors:
- 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 Business
At Jeffery & Spence, we understand that every general contractor’s needs are unique. We work closely with you to create a customized insurance plan that caters to your specific requirements, ensuring comprehensive protection for your business.
Additional Contractor Insurance Coverage
- Carpenters Insurance
- Electricians Insurance
- Home Builders Insurance
- HVAC Contractors Insurance
- Painters Insurance
- Plumbers Insurance
Get a customized general contractor insurance quote below.
General Contractor Insurance in Ontario FAQs
Contractor insurance is a specialized type of business insurance designed to protect contractors from various risks and liabilities associated with their work. It typically includes coverage for property damage, third-party injuries, workers’ compensation, and professional liability.
In Ontario, contractors should consider having the following types of insurance:
- General Liability Insurance: Covers third-party injuries and property damage.
- Commercial Auto Insurance: Protects business vehicles against accidents, theft, and damage.
- Workers’ Compensation: Covers employee injuries, illnesses, or fatalities resulting from work-related incidents.
- Professional Liability Insurance: Protects against claims of negligence or errors in the services provided.
General liability insurance for independent contractors in Canada provides coverage for third-party injuries, property damage, and potential lawsuits arising from their work. This type of insurance is essential for protecting independent contractors from financial losses due to accidents or claims.