Construction insurance in Ontario is designed to cover homes and commercial spaces that are under construction, protecting the project from direct damage. It covers you against things such as weather events that could affect your home during the project.
In construction, time is money. When opportunities arise, you need to be ready to go – and you’ll need a construction insurance policy that works hard to help keep your company protected and competitive.
As the Canadian construction industry forges ahead, new opportunities, developments, and risks are arising. Do all construction professionals need insurance? The short answer is yes, but in many cases, a generic insurance policy won’t measure up. Construction risks can vary in size and complexity, and they can evolve throughout a project.