Minnesota Home Builders Insurance

Home Builders insurance – As a home builder in Minnesota, you need good insurance. Requesting a general liability insurance quote for your home building and development company from us is a very good start.

You work so hard each day to build your contracting business. Building homes, developing land, some people would refer to you as a paper contractor. Don’t take the risk of not having coverage or not having the right coverage. Our experts speak contractors insurance! This is what we do. What are you good at?
We quote multiple home builder insurance companies to find you the best rate and the right coverage. Provide your information once, let us shop for you. Make us the first and your last call for Minnesota home builders insurance.

The home-building market is really coming back here in Minnesota. We insure contractors all over the state. Minneapolis to Rochester and Lakeville to Duluth. Do yourself a favor and contact us today. Our goal is to help home builders find affordable coverage. We do 100’s of certificates for the Minnesota Department of Labor and Industry each year. Can we do yours?

General Liability Insurance for Home Builders

Minnesota home builder insurance is general liability insurance and is really the core policy for Minnesota home builders. General contractors, papers contractors, and home builders buy this policy first. What does general liability insurance cover? General liability insurance covers bodily injury and property damage claims. Minnesota home builder’s general liability insurance protects your, premises, product, operations, and completed operations. Often MN insurance companies will include a $1,000 property damage deductible. This should be taken into consideration when picking the best insurance for your contracting business.

Common limits of liability coverage are $1,000,000/$2,000,000. The $1,000,000 represents the per occurrence limit or per claim. The $2,000,000 represents the aggregate limits or maximum per policy term limit for all claims presented. It’s important you understand the basics here because you should have a contract, with a hold harmless agreement and insurance requirements with your sub-contractors. We have some examples to share, just ask.

General liability insurance is calculated using your gross sales, owner payroll, employee payroll, sub-contractor labor costs, and materials in some cases. Minnesota home building contractors often need builders’ risk insurance for the properties they are building until sold. Securing and matching insurance policies for home builders and construction companies is an art. We work with builders like you every day. Take the next step and ask a question or request a Minnesota General Contractors Insurance quote. You might be delightfully surprised.

My General Contractor is Looking for Proof of Insurance

Many times a general contractor will be asking for a certificate of insurance so you can work and get paid.  Fifty percent of the time they are just looking for general liability insurance. Sometimes they are also looking for additional insured status to be added or commercial auto insurance and workers compensation insurance too.

Business Owners Policy (BOP) General Contractors

Sorry, general contractors, home builders, and paper contractors do not qualify for a general liability insurance policy, that mixes liability, building coverage, business personal property. A BOP is used more for Minnesota retail businesses and not contractors, home builders, and paper contractors sub-contracting most of their work to others.

Contact Us for Quote – Home Builders Insurance

Let us about your contracting business, we are listening. We are ready to discuss your insurance needs. Do yourself a favor and call 952-469-0425 right now or use the quick quote form on this page. Request your MN home builders insurance quote now you will be happy you did!