Construction Industry

Construction insurance is a vital safeguard in the dynamic and risk-laden realm of construction projects. As the industry grapples with numerous uncertainties, ranging from unforeseen accidents to property damage and legal complexities, having comprehensive insurance coverage is not just advisable but essential. It serves as a protective shield, offering financial security, ensuring compliance with legal requirements, and providing a safety net against the unpredictable challenges that can arise during the construction process. In essence, construction insurance is a strategic investment that promotes resilience, enabling stakeholders to navigate the intricate landscape of construction with confidence and peace of mind.

This is where The Millward Agency steps in as your trusted partner, offering comprehensive insurance solutions tailored to meet the specific needs of the construction sector.

Why Choose The Millward Agency?

Choosing The Millward Agency means opting for unwavering confidence in your insurance provider. Our accolades and recognitions speak volumes about our commitment to excellence. Our bespoke insurance solutions are designed to underwrite your success, with a proven track record of serving businesses like yours with integrity, innovation, and a keen understanding of industry-specific risks.

Nationwide Presence

We are proud to offer nationwide coverage while retaining a personal touch that resonates with local communities. Our understanding of diverse regional needs ensures that our clients receive service that feels both global and neighborly.

75+ Years of Expertise

We carry a legacy of over seven decades in the insurance industry. Our enduring commitment to excellence is rooted in a deep understanding of insurance’s evolving landscape, shaped by years of experience and client-focused service.

Integrity in Every Policy

Our philosophy is simple: if we wouldn’t buy it ourselves, we won’t sell it. This ethos ensures every policy we offer is built on a foundation of trust and reliability, reflecting our commitment to honest and transparent insurance solutions.

Class of Business

Contractor businesses encompass a diverse range of professions and industries, each providing specialized services to clients.

These are just a few examples of the many types of contractor businesses that exist, each serving specific niches within the construction, renovation, maintenance, and repair industries.

Here are some common types of contractor businesses:

Artisan Contractors
Icon HVAC Contractors:
Heating, Ventilation, and Air Conditioning (HVAC) contractors specialize in installing, repairing, and maintaining HVAC systems in residential, commercial, and industrial buildings.
Icon Electrical Contractors:
These contractors specialize in electrical work, including installation, repair, and maintenance of electrical systems in buildings.
Icon Plumbing Contractors:
Plumbing contractors install and repair plumbing systems in residential, commercial, and industrial buildings. They work on tasks such as installing pipes, fixtures, and water heaters.
Icon Landscaping Contractors:
These contractors design, install, and maintain outdoor landscapes for residential, commercial, and public spaces. Services may include lawn care, irrigation, hardscaping, and landscape design.
Icon Carpentry Contractors:
Carpentry subcontractors handle tasks such as framing, cabinetry installation, trim work, and other woodworking tasks within a construction project.
Icon Painting Contractors:
Painting contractors specialize in interior and exterior painting services for residential, commercial, and industrial properties.

Icon Roofing Contractors:

These contractors install, repair, and replace roofs on residential, commercial, and industrial buildings. They work with various roofing materials such as asphalt shingles, metal, tile, and flat roofing systems.
Icon Drywall Contractors:
Drywall subcontractors specialize in installing and finishing drywall panels to create interior walls and ceilings within buildings.
Icon Flooring/Countertop Contractors:
Flooring subcontractors install various types of flooring materials such as hardwood, tile, carpet, vinyl, and laminate in residential, commercial, and industrial buildings.
Icon Concrete Contractors:
These contractors specialize in pouring and finishing concrete for various construction projects, including foundations, driveways, sidewalks, and structural elements.
Icon Masonry Contractors:
Masonry contractors work with materials such as bricks, blocks, stone, and concrete to build structures like walls, chimneys, fireplaces, and retaining walls.
Icon Insulation Contractors:
Insulation subcontractors specialize in installing insulation materials to improve energy efficiency and thermal comfort in buildings.
Icon Fence & Deck Contractors:
A fence and deck contractor specializes in the design, construction, installation, repair, and maintenance of fences and decks for residential, commercial, and industrial properties
Icon Window Contractors:
Window and door contractors specialize in the installation, repair, and replacement of windows and doors in residential, commercial, and industrial buildings.
Icon Glass & Glaze Contractors:
A glass and glazing contractor specializes in the installation, repair, and maintenance of glass-related products and services in construction projects.
IconExterior Contractors
Icon Alarm Security Contractors:
These contractors provide security system installation, monitoring, and maintenance services for residential, commercial, and industrial properties.
Icon Demolition Contractors:
Demolition contractors specialize in the safe and efficient demolition of buildings and structures. They may also offer services such as site clearance and debris removal.
Icon Environmental Contractors:
Environmental contractors specialize in environmental remediation, hazardous material cleanup, and environmental consulting services.
General Contractors
Heavy Construction
IconEnergy Infrastructure
IconWater Treatment Plant

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Common Policies Needed

Contractors operate in various sectors and perform a wide range of services, each with its own set of risks and liabilities. Therefore, the specific insurance coverages needed for contractors can vary based on factors such as the type of work they perform, the size of their operations, and the regulatory requirements in their jurisdiction.

These are some of the common insurance coverages needed for contractors to protect their businesses, assets, employees, and clients. The specific insurance requirements may vary depending on the contractor’s industry, services offered, geographic location, and contractual obligations. It’s essential for contractors to work with insurance professionals to assess their risks and tailor insurance solutions that meet their specific needs.

However, some common insurance coverages needed for contractors across different industries include:

General Liability Insurance

Protects against claims of bodily injury, property damage, or personal injury arising from the contractor’s operations. It covers legal costs and potential settlements

Professional Liability Insurance (Errors and Omissions)

Offers protection against claims of professional negligence, mistakes, or omissions in the contractor’s professional services. This is particularly relevant for design professionals involved in the construction project.

Commercial Auto Insurance

Covers vehicles owned or used by the contractor for business purposes, such as transporting equipment, tools, or employees. It provides protection in case of accidents or damage to company vehicles.

Performance and Payment Bonds

While not strictly insurance, performance and payment bonds are financial guarantees that assure project owners that the contractor will complete the project according to the contract and pay subcontractors and suppliers.

Builder's Risk Insurance

Provides coverage for damage or loss to the construction project itself, including materials, equipment, and structures, during the course of construction.

Worker's Compensation Insurance

Covers medical expenses and lost wages for workers who are injured or become ill while working on the construction site. It helps fulfill legal obligations and ensures the well-being of the workforce.

Pollution Liability Insurance

Covers costs associated with pollution events or environmental damage that may occur during construction activities, such as accidental spills or releases of hazardous substances.

OCIP/Wrap-Up Insurance

OCIP stands for Owner Controlled Insurance Program, which is a type of insurance arrangement commonly used in construction projects. In an OCIP, the project owner or developer assumes the role of obtaining and managing the insurance coverage for the entire construction project, including all contractors and subcontractors involved. This is in contrast to traditional insurance practices where each contractor secures their own insurance coverage. OCIP is sometimes referred to as a “wrap-up” insurance program because it wraps up or includes all the necessary insurance coverages for the project. This can include coverage for general liability, excess liability, workers’ compensation, and builder’s risk.




Contractor's Equipment Insurance

Protects the contractor’s owned or rented machinery, tools, and equipment against damage, theft, or vandalism.

Umbrella/Excess Liability Insurance

Provides additional liability coverage that goes beyond the limits of primary liability policies, offering an extra layer of protection in case of large or catastrophic claims.

Inland Marine Insurance

Covers the transport of materials, tools, and equipment between job sites or while in temporary storage. It provides protection against loss or damage during transit.

Commercial Property Insurance:

Commercial property insurance covers damage or loss to the contractor’s buildings, equipment, tools, and inventory due to perils such as fire, theft, vandalism, or natural disasters.

The Millward Agency, Inc. Testimonials

Hear from our clients who have achieved stability and growth with The Millward Agency’s insurance solutions. Our case studies demonstrate our commitment to providing unparalleled support and protection, proving that no challenge is too big when you have the right insurance partner.

Kurtis ThorntonKurtis Thornton
18:38 16 Jan 22
Very helpful and nice people, a great place to get your insurance needs taken care of.
Christopher LymanChristopher Lyman
14:48 26 Oct 19
Finally, I don't need to ever look for another insurance agent. The Millward Agency handles my personal and business insurance. Always helpful with my questions and quick to respond to my emergencies. The Millward Agency Rocks!
Markusz SudozMarkusz Sudoz
19:03 19 Jul 19
Every time I go to my broker, Ed Caceres @ the Millward Agency, he always finds me the best insurance rates on my real estate properties. Ed is great, always extremely responsive and understanding of the industry. In the past I would go do my own insurance shopping and spend hours on hours to get the best rate, now I do not even bother shopping around I just call Ed and he always has the best pricing. In the beginning I got a quote from Ed then shopped around, now I have learned to not even waste my time. Ed @ Millward Always saves me hundreds of dollars. 110% on customer service, 100% on pricing!!! A+++
Mobility SolutionsMobility Solutions
19:09 25 Jul 18
Everybody!!!!! is Great to work with when ever I need anything which is almost monthly.Linda
carlene klebecarlene klebe
20:01 22 Jun 18
My former insurance agent and friend recommended Ed Caceres of Millward Agency. Within hours of having given Ed a call, I had quotes and was decided to go with his carrier. He was professional and answered all my questions. I’m happy to have done business with Ed and Millward Agency.
John CourtneyJohn Courtney
16:20 11 Jun 18
Business or Personal this is who you want - Personal service from their Team is amazing, treat as though you are their only client.* Business - Review policy/coverage every year. Not limited to one or two insurance providers. Recommend changes, not necessarily to save money (although it is available) provide additional coverage. Three months later our additional coverage cost $150 on a $15000 claim. For years we were not covered! They are not limited to one or two insurance providers as our previous agent.* Personal - couple of claims were handled like we were their only client. They bundled coverage in such a way to save $2100 a year for a family of four and kids in college.***Will continue to recommend to business colleagues, friends and family***
Karen CarterKaren Carter
16:01 08 Jun 18
Our company has been working with Millward Agency for many years.They have been the best insurance company I have ever worked with.The staff is always very informative and very professional. Our insurance needs which include general, auto and worker's comp are very complex. Millward is able to handle and update all of our needs at any time of the year. I really like the fact they get back to you very quickly! They are very knowledgeable and caring we never think of going elsewhere. We will definitely be customers for years to come. Thank you Millward Agency!
Chad StottChad Stott
17:56 07 Jun 18
Wade and the Millward team have been consistently reliable, prompt, knowledgeable and a pleasure to work with. Wade and his crew have guided us through our ever growing needs and we attribute our success to the partnerships we have forged with organizations like The Millward Agency. We look forward to many more years working together.

Get a Quote

Ready to accelerate your business’s security and success? Contact Millward Agency today for a personalized insurance quote. Our team of experts is here to guide you through the process with ease and confidence, ensuring your business is covered, no matter what lies on the road ahead.