You've worked way to hard to chance uncertainty.  Privately owned excavation contractors in Connecticut, are you properly insured for the risks you face on a day-to-day basis? You know that grading, demolition, and finishing work can come with a host of liabilities that could put the financial future and reputation of your company in a bad spot. 

However, building a business insurance policy, customized to excavation contractors, can be a confusing and time consuming process.  It's tempting for many business owners to choose business insurance online or without much consultation.  This can save time and money up front, but cost more in the long run.  

Not only will you want to be sure that you have all the different types of coverages you need, but you must also be sure that your coverage limits are high enough to sufficiently protect your business from large financial losses.  Contractors are in an especially difficult situation since increasing demand and a shortage of skilled workers has been trending. The challenge of finding qualified workers and taking on more jobs and larger projects can certainly increase risk.  

These are just a few examples of more consequential risks. But how about other risks?

The Surety Information Office has compiled a list of warning signs that your construction firm may be experiencing:

• Ineffective financial management systems
• Bank lines of credit constantly borrowed to the limit
• Poor estimating or job cost reporting
• Poor project management
• Lack of a comprehensive business plan
• Communication problems

What's the solution?  Don’t go it alone when it comes to protecting a business that you have literally put sweat and tears into. Contact a Trusted Choice® independent insurance agent who is local to Connecticut. A business insurance professional who understands your business and the geography you work in will work hard to get you a full array of protection at a price that fits your budget.

V.F. McNeil Insurance is a Trusted Choice® independent insurance agency committed to getting you the right insurance from day one®. Located in Branford, Connecticut, our team works with many other business owners in Connecticut just like you. Contact our team today to experience the V.F. McNeil difference.