The strong economic conditions of Oklahoma City continue to point toward higher growth, and your role in the construction industry is vital to building a better tomorrow for the metro area. With its varied industry opportunities and affordable cost of living, Oklahoma City is a driving force for both growth and population around the state.
Now, your community desperately needs your skills to safely construct the supporting facilities and infrastructure for expected growth. Construction activity is set to advance beyond the $3 billion the industry was valued at back in 2020. To ensure your future in construction, insure your company with HUB.
Those Who Need Oklahoma City Construction Insurance
There are many moving parts in the construction industry, but each area is fully protected by HUB’s construction insurance policies. Our brokers and risk specialists are experienced in identifying the liabilities that come from working as a developer, general contractor, specialty trade contractor, subcontractor, or professional service provider. The forecast for Oklahoma City growth shows positive gains in residential and non-residential building projects, and there are dozens of professions that take part in these projects to achieve completion. HUB’s policies are right for the following and more:
Our experts in Oklahoma City construction insurance provide detailed assessments of the risks your business face, and each policy is uniquely underwritten to address the diverse services you offer. Our office is in the heart of the action in Oklahoma City, making it convenient for you to stop in and check on your coverage while headed to the job site. We also make it easy to connect with us online, letting you carefully manage your time and meet your project deadlines.
Liabilities Protected by Oklahoma City Construction Insurance
While you expertly deliver on your promise of superb craftmanship, high-quality work and strict deadlines, HUB delivers on insurance coverage to cover the risks you encounter along the way. Your construction company may require more than one policy, and our dedicated brokers look for any gaps that might weaken the effectiveness of your coverage. Being underinsured can be as costly as not carrying insurance at all. Here are just a few of the key areas that need to be addressed:
General Liability – Through this coverage, your business is protected from situations involving bodily injury or property damage.
Commercial Auto – The vehicles you use for transporting equipment, tools or employees to the job site are covered under a commercial auto policy.
Professional Liability – This insurance addresses the potential losses that arise from claims of errors, omissions, or negligence.
Workers’ Compensation–A required coverage in the state of Oklahoma, this policy gives the financial means to cover the expenses of a job-related injury or illness for qualifying employees.
Builder’s Risk –Projects under construction are covered with builder’s risk in the event a property encounters loss from an explosion, water damage, fire, faulty workmanship, poor quality materials or normal wear and tear.
These exposures are not comprehensive, and HUB’s Oklahoma City construction insurance experts can show you where additional coverage is needed. We are more than just an insurance provider. We take a personal interest in the success of your business and commit to crafting a strong risk management solution toward that end.
Your skills are creating a vibrant, bustling metropolis with enough facilities to address the office, retail, residential and educational needs that continue to grow. While you are busy taking care of our community, let our team be there for you and underwrite your Oklahoma City construction insurance policy.
Secure Your Policy
Contact a HUB broker today to secure your Oklahoma City construction insurance policy.