When you’re dedicated to quality craftsmanship, you want an insurance partner that matches that attention to detail. At Ryan Insurance, we know the foundation of a successful contracting business is built on protection, not just premium payments. Many standard policies leave critical, "unforeseen" gaps. It is our goal to help you identify and close those loopholes before a claim occurs. We believe in providing solutions tailored to the specialized risks inherent in your daily operations.
Why Your Contractor Insurance Might Not Cover the "Unforeseen"
Policy Endorsements: Beyond Basic Liability
A crucial aspect of robust contractor insurance is checking for necessary endorsements. Standard General Liability might exclude coverage for specific professional errors or environmental risks common in your trade, like pollution liability for HVAC or plumbing. We work closely with you to review your specific contracts and scope of work to ensure that specialized riders are added, providing comprehensive protection where a generic policy fails.
The Importance of Care, Custody, or Control (CCC)
One of the most common surprises for contractors is the exclusion regarding property damage under your care, custody, or control. If you are actively working on a client’s property (e.g., remodeling a kitchen) and accidentally damage the portion you are working on, your standard liability might not cover it. We help customize your policy to manage this specific exposure, protecting your client's property and your firm's reputation.
Cyber Risks: A New Threat to Contracting Firms
While contractors work with physical materials, the modern business stores client data, payment information, and proprietary plans digitally. This exposes you to cyber risks that traditional policies overlook. A data breach could compromise sensitive information, leading to costly notification requirements and lawsuits. We look ahead for you, advising on how a simple Cyber Liability endorsement can shield your financial assets from digital threats.
Adequate Tools and Equipment Coverage Value
Your tools are your livelihood, yet many contractors undervalue their equipment on their Inland Marine policy. This often leads to a massive out-of-pocket expense if tools are stolen from a job site or damaged during transport. We take the time to ensure the scheduled value of your heavy machinery, power tools, and specialized gear accurately reflects the replacement cost, minimizing your financial exposure in an incident.
Securing your firm's future requires going beyond basic, off-the-shelf policies. We believe in being more than just your agent; we aim to be a trusted, family-style partner who truly understands the complexity of the contracting world. That is the Ryan Insurance commitment, backed by 45 years of experience serving Texas businesses.