Commercial Insurance - Construction
To effectively meet the construction industry's unique insurance needs, we created a specialized construction division more than 20 years ago. Comprised of an insurance department and a surety bond department, our professionals, who have a combined experience of over 125 years, are skilled in the bonding and insurance industry and work exclusively with contractors and construction-related issues.
We also believe that successful construction companies depend on strong bonding relationships, so we take a proactive approach in handling your account. If you need additional bonding capacity, we'll make sure that you get it. We have access to all the major national and regional commercial carriers, so we can bring you the best programs available in the industry.
Throughout our numerous New England locations, your company will enjoy all the benefits of Eastern Insurance. We offer 24/7 claims reporting, extended customer service hours to accommodate your schedule, and a multitude of products and services for the construction industry.
What we do:
At Eastern Insurance our construction division customers include;
- Builders
- General Contractors
- Construction Managers
- Design Build Firms
- Specialty Contractors
- Subcontractors, Architects
- Owners and Sponsors of Public and Private Construction Projects
We offer Construction Risk Management solutions through a wide range of program structures – from guaranteed cost insurance through individually tailored risk financing alternatives.
Coverage we offer:
Our construction insurance coverages include:
- General and Professional Liability
- Owners & Contractors Protective Liability
- Property
- Builders Risk
- Equipment Insurance
- Commercial Automobile
- Umbrella
- Workers Compensation
- Pollution
- Railroad Protective
- Specialty Casualty Insurances
At Eastern Insurance, we're interested in what is right for your company – not just what we can sell you. We take the time to understand your industry and your business before we do anything. By visiting your operations, asking questions, and listening, we learn how you operate your business. Using that in-depth knowledge, we will design an effective program of commercial insurance for you.
Services we provide:
- Perform detailed review of your insurance program including audits, construction credits available, experience Modification review and more
- Include a comprehensive outline of what is currently covered
- Analyze coverage forms including enhancements, exclusions, deductibles and retentions
- Present recommendations for program improvement
- Contract review
- Certificate of Insurance Review and timely issuance
- Regularly scheduled policy reviews
- Coordination of loss control services
- Preparation of insurance specifications for marketing review and comparison of competitive proposals
- Loss analysis
- Registry of Motor Vehicles Services
- Through our in-house claims staff, we will assist you in implementing an effective claims reporting system. This will include monitoring claims for prompt and fair settlements as well as working with carriers to identify subrogation opportunities.
- Claim review meetings are scheduled on a regular basis
- Through our in-house OSHA specialist we can provide training and support
- As active members of many associations within the industry such as: AGC, ASM, CFMA, ABC, BAGB and UCANE, we stay in tuned to the latest news and events within the construction industry. This enables us to provide you with the best programs and coverages in an ever-changing industry
