Construction Safety Consultants Insurance in New York Metro Area, Connecticut, and New Jersey

As a safety consultant, your clients rely on you and your expertise to maintain the safety of their workplaces and the health and well-being of their employees. This significant responsibility is even more prevalent if you provide consulting services in high-risk environments, such as those in the construction industry. Given the potential losses and damages that could arise from a single accident or slight error on a job site, you must implement and maintain robust loss control practices, such as an adequate insurance portfolio.

What Is Insurance for Construction Safety Consultants?

Although some insurers may offer prearranged insurance packages suitable for construction safety consultants, you may need to assemble your own portfolio from separate policies. Coverage needs among those in your profession may vary somewhat, but the following should generally be considered core components of a sufficient insurance package:

• Errors and omissions (E&O) insurance—As its name suggests, this coverage, also known as professional liability insurance, provides financial protection for consultants when facing lawsuits alleging that they provided inadequate services. Common accusations covered under most E&O policies may include the following:
  • Negligence
  • Errors
  • Misrepresentation
  • Omissions
  • Oversights
  • Inaccurate advice
  • Missed deadlines
  • Breach of contract

In response to such allegations, your E&O coverage may be able to help pay for resulting legal costs, such as representation, settlements and judgments.

• General liability insurance—This coverage can cast a wide safety net across many common risks and exposures that may transcend industry lines. By including general liability insurance in your portfolio, you may be insulated from third-party losses arising from incidents occurring amid your business’s normal operations, such as the following:
  • Bodily injury
  • Property damage
  • Personal and advertising injury (e.g., slander, libel, false advertising)

In the aftermath of the aforementioned incidents, your general liability coverage may help pay for affected parties’ medical bills, reduced income and damaged property. Your policy may also cover legal costs if you are sued.

What Other Kinds of Insurance Do Construction Safety Consultants Need?

Your business should thoroughly assess its unique circumstances to identify additional insurance needs. The details of an adequate insurance portfolio for construction safety consultants may vary, but common coverage gaps may be filled by the following:

• Workers’ compensation insurance—This coverage may help pay for losses and expenses arising from your company’s employees being injured on the job or developing work-related illnesses.
• Commercial property insurance—This coverage can financially protect physical property used to operate your business, such as your building, equipment, electronic devices and inventory.
• Business interruption insurance—If a covered event forces your company to pause or alter its normal operations, this coverage can help pay for resulting losses and expenses.
• Commercial auto insurance—This coverage provides crucial financial assistance in response to incidents involving your business’s motor vehicles.
• Cyber liability insurance—If your company experiences a data breach or other cyber incident, this coverage can insulate you from financial losses.

Get the Right Coverage

We’re here to help. At John Murphy Insurance, our dedicated staff has over 25 years of experience serving businesses in the New York Metro Area, as well as throughout Connecticut and New Jersey. We will work with you to assess your coverage needs, discuss various options and craft an optimal insurance portfolio. Contact us today to get started.