Contractors Insurance in Louisiana
Louisiana contractors need coverage that understands construction risks, from hurricane-resistant building projects to the unique liability exposures of job sites across the state.
We serve contractors businesses across Louisiana, from New Orleans to Shreveport and everywhere in between.
Top Risks Contractors Businesses Face in Louisiana
Contractors businesses in Louisiana face unique challenges that require specialized insurance protection. Understanding these risks is the first step toward comprehensive coverage that protects your business, employees, and livelihood.
Job site accidents causing injury to workers, clients, or third parties
Property damage to client homes or buildings during construction
Completed operations liability for work that fails later
Equipment theft from job sites, especially in urban areas
Hurricane and storm damage to projects under construction
Contract requirements for specific insurance limits and surety bonds
Coverage Designed for Contractors
The right insurance coverage addresses the specific risks your contractors business faces. Here's how each recommended coverage protects you from the challenges unique to your industry.
Comprehensive coverage combining general liability, property, and tools protection specifically designed for construction operations and job site risks.
Protects against claims from job site accidents, property damage, and injuries to clients or third parties that could result in expensive lawsuits.
Essential for work trucks, trailers, and vehicles hauling equipment and materials across Louisiana job sites, covering both liability and physical damage.
Required in Louisiana and protects your crew from workplace injuries while protecting you from costly injury lawsuits. Critical for high-risk construction work.
Often required for government contracts and large projects. Performance and payment bonds guarantee you'll complete work and pay subcontractors.
Protects tools, equipment, and materials that move between job sites, covering theft and damage regardless of location—essential for mobile contractors.
How Watley Insurance Group Supports Contractors
As a Louisiana-based commercial insurance agency, we understand the unique challenges contractors businesses face in our state. We're not just insurance agents—we're your partners in protecting what you've built.
We Learn How Your Contractors Operation Works
Before recommending coverage, we take time to understand your specific operations, risks, and goals. This deep understanding ensures your policy addresses your actual exposures, not just generic industry risks.
We Shop Multiple Carriers Who Understand Your Industry
We work with insurance carriers that specialize in contractors coverage. By comparing multiple options, we find you the best combination of coverage and price from carriers who understand your industry's unique needs.
We Help You Manage Certificates, Changes, and Claims
Your relationship with us doesn't end at the sale. We help with certificates of insurance, policy changes, claims support, and ongoing risk management. When you need help, you'll talk to someone who knows your business.
Real-World Situations Where Coverage Matters
These scenarios illustrate how the right insurance coverage protects contractors businesses when unexpected events occur.
Accidental Damage to Client's Home During Renovation
A contractor accidentally caused a fire while working on electrical systems in a client's home, resulting in extensive damage. General Liability coverage handled the property damage claim, legal defense, and settlement, protecting the contractor's business from financial ruin.
Equipment Theft from Job Site
A contractor's trailer with $30,000 worth of tools was stolen from a New Orleans job site overnight. Inland Marine coverage replaced the stolen equipment, allowing work to continue without major delays or out-of-pocket expenses.
Worker Injury Leads to Workers' Comp Claim
A roofer fell from a ladder, resulting in serious injuries requiring surgery and months of recovery. Workers' Compensation covered medical expenses and wage replacement, while protecting the contractor from a potential lawsuit that could have been financially devastating.
Contractors Insurance FAQs
Do Louisiana contractors need specialized insurance beyond general business coverage?
Yes. Contractors face unique risks including job site accidents, completed operations liability, equipment theft, and contract requirements. Contractors Insurance provides comprehensive protection tailored to construction operations that standard business policies don't adequately cover.
What are surety bonds and when are they required?
Surety bonds guarantee you'll complete work and pay subcontractors. They're often required for government contracts, large commercial projects, and some residential work. Performance bonds ensure project completion, while payment bonds guarantee subcontractor payment.
How does completed operations coverage protect contractors?
Completed operations coverage protects against claims for work that fails or causes damage after you've finished the job. For example, if a roof you installed leaks two years later, this coverage protects against property damage claims and legal costs.
Is Workers' Compensation required for construction workers in Louisiana?
Yes, Louisiana requires Workers' Compensation for most businesses with employees. For contractors, this is critical given the high-risk nature of construction work. It protects workers from injury costs and protects you from workplace injury lawsuits.
What happens if my tools are stolen from a job site?
Inland Marine insurance (or tools and equipment coverage) protects your tools and equipment regardless of where they're located. This coverage is essential for contractors whose equipment moves between job sites and is vulnerable to theft.
Get Coverage for Your Contractors Business
Tell us a little about your operation and a Louisiana-based agent from Watley Insurance Group will follow up with options tailored to your industry.
Let's Get You Insured Today
Fill out the form below or give us a call at 318-423-7445