Construction and Risk Management

Knowing how to identify and manage risk in your construction business could be crucial for survival and success. But risk management is a big undertaking and, without expert help and guidance, you could easily overlook costly vulnerabilities.

Every construction business is different and every project carries its own unique risks — risks that demand specialist protection from construction insurance experts.

Risk assessment and control advice is a critical part of the expert touch that clients across California expect from The J. Morey Company, one of the state’s most reputable contractor insurance specialists. Not only that but we have the depth of knowledge and experience to ensure our clients comply with the state’s building regulations that can differ widely from those elsewhere in the United States.

The J. Morey Company is trusted to provide the best construction insurance protection at the most cost-effective rates by a wide variety of businesses including:

  • General construction contractors and civil engineers
  • Infrastructure specialists such as bridge and road builders and major utility project developers
  • Individual trades such as plumbing, carpentry and electrical
  • Building product suppliers including quarriers and concrete services
  • Excavators and demolition services
  • Seismic retrofitting

Meeting Your Contractor Insurance Needs

Although many aspects of construction insurance are similar to those in general business coverage, if you rely on the latter you may subsequently discover gaps in your protection that leave you exposed to costly risk.

For example, unforeseen equipment failure could result in huge time-based penalties and project disruption. Or employee negligence could threaten the very survival of your company. That’s why at The J. Morey Company we start by getting to know your business, understand your priorities, identify the risks, and custom-design one or multiple policies to minimize your exposure.

Then we secure and put in place the most cost-effective protection from only the best, most reputable insurers. And we keep your contractor insurance policy under constant review that reflects the changing needs of your business and trends in the marketplace.

Even if you already have construction insurance in place, we can review it at no cost to identify gaps, savings opportunities and more comprehensive protection that matches your needs.

Construction Insurance Options

The J. Morey Company contractor insurance program is built around your specific needs, which may include:

  • Primary coverages such as commercial auto, general liability (protection against liability claims and lawsuits), worker’s compensation, property (fire, theft, accident, etc).
  • Inland marine insurance (contractors’ equipment and builders’ risk).
  • Truck, trailer and construction vehicle insurance — from pickup trucks to cement mixers.
  • Project-specific insurance, where risks might fall outside your normal protection.
  • Business disruption.
  • Employee benefits and risks, including negligence and crime.
  • Errors and omissions liability.
  • Umbrella coverage for high-value risks.

We can also arrange performance or contract bonds where appropriate.

Who Needs Contractors Insurance?

Any person or business working in construction trades should consider contractors insurance: building construction, heavy construction or home improvement. We offer coverage for every California trade, including:

  • Contractors Insurance
  • Carpenter Insurance
  • Plumber Insurance
  • Handyman Insurance
  • Electrician Insurance
  • Masonry Insurance
  • Security Company Insurance
  • Home Builder Insurance
  • Developer Insurance
  • Renovation Insurance
  • Welding Insurance
  • Artisan Insurance
  • And more…

The J. Morey Company Difference

With increasing risk and insurance complexity, you need the expertise of an experienced specialist like The J. Morey Company. With over 35 years of insurance experience, we can pinpoint your needs and the best protection to match them.

We can also help you assess and reduce risk exposure within your firm, using designated risk engineering. Our friendly, professional and responsive client support service is always there for you — including claims consulting.

You may think the cheapest policy will do, but realize that you might not be getting everything that you think would be included. While a majority of insurance policies are similar in price and overall function, insurance providers are very different when it comes to structuring a policy that actually covers you in when you need to file a claim.

We’re here for you. We’re here to protect our clients, and that means we always look for ways to protect you better, including carefully choosing the insurance companies we represent to be both affordable and responsive.

No such thing as a one-size-fits-all insurance policy.

At The J. Morey Company, we understand that options can sometimes be overwhelming. Our knowledgeable and helpful agents can work with you to find the coverage you need.

Request a quote now and let the professionals at The J. Morey Company help you find the best California construction insurance policy or risk management plan for your needs.