What is Excavation Contractors Insurance?
Excavating work comes with potentially serious risks, including both property- and liability-related perils. One way that excavators in Massachusetts can protect themselves from a variety of risks is by purchasing excavation contractors insurance.
Excavation contractors insurance is specialized commercial insurance for excavators. In order to provide excavators with the various protections they need, most of these policies are underwritten as package policies that combine several coverages together.
Who in Massachusetts Needs Excavation Insurance?
Generally speaking, most businesses that are involved in excavation work should have excavation insurance. This often includes businesses that do any of the following:
- Excavating job sites
- Grading job sites
- Clearing trees
- Moving dirt
- Digging foundations
- Demolishing structures
- Cutting and breaking concrete
Contractors who do any of this alongside other work might need a policy that provides both excavation insurance and other insurance (e.g. contractors insurance). An insurance agent who specializes in this type of coverage will be able to assist with determining what type of policy is best for a given situation, and finding the appropriate type of policy.