Masonry Contractor Insurance – Learn about Coverages, Cost, & Quotes

Masonry contractor insurance also known as general liability insurance for mason contractor is an insurance coverage that provides financial protection to the contractor in the event they cause loses, damages, or bodily injury to clients or third parties. This insurance kicks in to pay for damages only if the cause loss or injury is covered by the policy.

Masonry Contractor Insurance
We recommend having at least $2,000,000 worth of coverage. Rates starting at $580 for the Year!

Why Should An Expert Mason Acquire Masonry Insurance?

Masonry contractors are responsible for the installation of various masonry materials like stone, brick and concrete, around a customer’s home or even around commercial buildings. These materials are usually utilized to construct patios, siding, driveways, veneers or even retaining walls. Masonry work is a highly laborious profession that requires lots of long hours. It also poses many risks to the masonry contractor. These risks could range from bodily harm to damaged property.

This is why it is pertinent to make sure that you protect your masonry business with the right insurance policies. One such policy that can offer much needed protection is general liability stone and brick masonry insurance.

What Is So Special About Masonry Contractors Insurance?

You just learned that masonry contractors are at risk of damaging property or inflicting bodily harm to a customer. This is exactly where masonry insurance can come in handy. This unique policy will cover you in the event that you cause bodily harm or property damage. It will pay to have the damaged property repaired or replaced. It will also pay the medical expenses of the injured party.

What’s even more important about this policy is that it will protect you in the event that the customer wants to take the case to court. When some people are injured they might feel like compensation for medical expenses isn’t enough to rectify the situation. Even if you win the court case just imagine the resources, time and money that you are going to spend fighting it. You will have court costs, lawyer fees and probably even deposition fees. For small company this might be enough to make them close of shop.

This would be especially true if the case it lost. General liability masonry insurance will pay those fees. In many cases it will even pay the settlement if you lose the case. Of course, all of this depends on the amount of coverage that you have as well.

stone mason working on a school expansion project

How Much Will Your Company Pay For Masonry Insurance?

The most important thing you need to know about the cost of masonry contractors insurance is that it can vary from company to company. And, this is because each company is unique in their needs and requirements. Plus, insurance providers in Canada rate your overall costs by judging your company on certain factors. This might include the number of years that you have been in businesses. It could include the type of work that you do.

Your overall cost can vary depending on the number of employees that you have and maybe even the amount of money that you are making at the end of the year. All that being said, most average masonry contractors will pay $580 to $950 for this specific coverage.

How Much Masonry Insurance Coverage Do Masons Need?

The amount of coverage that your company needs can vary as well. Some larger companies that take on big commercial jobs will need at least $5,000,000 policy. Your average residential provider can probably get away with just $2,000,000 coverage plan.

Where To Get General Liability Masonry Insurance?

There are a number of providers in Canada that can handle your insurance needs. However, we are a specific provider that specializes in general liability masonry insurance. We will not only provide you with this type of insurance, but we will make sure your company is protected against all possible threats. Get a free quote today!

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