Secure Your Construction Business Against Potential Risks
The construction industry comprises a significant portion of the economy on both state and national levels. According to the Associated General Contractors of America, or AGC, it accounted for 4.1% of the country's GDP in 2019. In Oklahoma alone, its contribution amounted to 3.8% of the GDP.
However, as vital as it is, it is by nature a dangerous field. Data from the U.S. Bureau of Labor Statistics shows that the Sooner State's fatal injury rate for construction workers was 12.9% that same year. This does not consider the large amount of non-lethal harm commonly associated with the occupation.
Furthermore, such risks are not limited to employees. Pedestrians are also vulnerable. They may suffer physical damage on or near sites due to falling boards, slip and falls and more. You may be held legally responsible for such occurrences.
Construction insurance in Tulsa, OK, therefore, is an important safeguard for those in the business. Our expert brokers are specialists in the local area and will help you take appropriate precautionary measures to ensure that your business, workers, and passersby are always covered.
Take Advantage of Our Solutions for Different Specialties and Professions
HUB is always ready to provide customized policies for your organization’s unique needs. This applies regardless of whether you are a general contractor, subcontractor/specialty trade contractor, owner, developer, or professional construction services firm. We also provide construction insurance in Tulsa, OK, to a wide array of construction professionals including:
- Painters
- Roofers
- Construction workers
- Electricians
- Plumbers
- Carpenters
Build a Plan Fitted to Your Circumstances
Here at HUB, we consider your wishes and unique requirements. We use these to create a Tulsa, OK construction insurance policy suited to your company’s needs.
We also offer coverage for a multitude of issues. This includes:
- Professional liability (protection from accusations of omission, negligence, or errors)
- General liability (protection from lawsuits regarding accidents or claims of negligence towards client property)
- Workers' compensation (coverage for employees who suffer bodily harm or illness while working)
- Commercial auto insurance (coverage for property damage, transportation, towing, vehicular damage, and driver injury)
- Builder's risk (coverage for property losses attributed to natural dangers such as water damage, fire, explosions and wear and tear as well as damage arising from human mistakes, such as poor design, materials, workmanship, and planning)
- Environmental insurance (coverage for any incident where the improper disposal and/or handling of hazardous materials and wastes results in a serious negative impact on the environment, such as pollution)
- Inland marine exposures (coverage for ship/boat hulls, cargo, equipment, materials, and tools)
- Constructor's defect (protection from charges pertaining to negligence in the building of structures)
Our expert agents are perfectly situated to help develop your construction insurance in Tulsa, OK, plan from their local base on South Yale Avenue.
We do not restrict ourselves to supplying only insurance. We are your partners in finding detailed business solutions with long-term advantages. With our help, you will be able to defend against the financial blows of liability claims. We can guide you in creating an impressive benefits package that entices and keeps proficient workers. We will even aid in risk management to smooth your path to success.
This is only a small sample of what we can do for you. HUB experts are eager to meet your needs with our construction insurance in Tulsa, OK, and our special solution designs. Learn more about HUB’s construction insurance offerings!