Give us a call
800.837.4119
File A Claim

Contractors Insurance in Troy and Piqua, OH

Contractors get the job done—but take on a lot of risk while doing it. The Bureau of Labor Statistics reports that about 4% of all workers in the industry suffer injuries or illnesses—and the resulting costs add up. This is compounded by the many other problems that can occur at a given work site. Due to the many risk factors contractors routinely face in their work, good insurance policies become essential to any successful contractor's operation.

You should also consider how you're going to run your business. For example, running it as a Limited Liability Company (LLC) can help insulate you from cost overruns and avoid putting your personal assets at risk if a claim larger than your policy is filed. Our agents can help you determine the likelihood of hazardous situations to your business and how best to prepare for them.

What a Contractors Insurance Package Covers

Contractor's insurance covers problems typically associated with the risks of construction and renovation projects, including risks to your employees, your work site, and anyone or any equipment involved. Most of these policies are a combination of other policies, often including:

  • A Business Owner's Policy
  • General Liability Insurance
  • Worker's Compensation
  • Commercial Vehicle Insurance

From there, what coverage is needed depends on the work that you do. Contractors in different industries often have different insurance needs (and occasionally different requirements, depending on local legislation). Koverman Staley Dickerson Insurance Agency can help you determine which forms of insurance are required for your company and ensure that you're never left exposed.

Contractors Equipment Insurance

Getting a job done takes more than human expertise and a keen eye for detail—you need to have the right tools for the job, or it's probably not going to be finished. However, if something goes wrong and your equipment is damaged or destroyed, you stand to lose a lot of money. This is particularly true if your company operates any larger pieces of equipment (bulldozers, etc.), which are sometimes omitted from normal coverage.

Koverman Staley Dickerson Insurance Agency's goal is to mitigate your risks as much as possible, and the more we know about your equipment, the better the policy we can offer. On request, we can let you know about how certain pieces of equipment are classified, the associated level of risk, and what kind of reimbursements you can expect if something goes wrong.

Contractor Vehicle Insurance

If you're one of the growing number of contractors who use vehicles during a job—not just to get to and from a worksite—then you may need an additional commercial vehicle policy that covers the vehicle(s) you use.

If you don't use your vehicle for commercial purposes, you may be able to lower your monthly premiums by having this coverage removed from your policy. The choice is ultimately yours, but if you're having trouble deciding, our agents can help you figure out whether or not your use of a given vehicle qualifies as a commercial purpose.

 

1. "About the Specialty Trade Contractors Subsector." U.S. Bureau of Labor Statistics. Accessed April 20, 2016. http://www.bls.gov/iag/tgs/iag238.htm.

2. "Sole Proprietorships vs. LLCs." Nolo.com. Accessed April 28, 2016. http://www.nolo.com/legal-encyclopedia/sole-proprietorships-vs-llcs.html.

3. Utschig, LeRoy. "Contractor's Equipment." Rough Notes. Accessed April 20, 2016. http://www.roughnotes.com/rnmagazine/1997/sept97/09p98.htm.

Our Locations

Troy Office (Main Location)

1106 W. Main St.
Troy, OH 45373
Main office: 937-315-4344
Toll free: 800-837-4119
Fax: 937-339-3916

Piqua Office (Main Location)

500 N. Wayne St.
Piqua, OH 45356
Main office: 937-317-4187
Fax: 937-773-1738

Covington Office

16 E. Wright St.
Covington, OH 45318
Main office: 937-528-1095
Fax: 937-473-0331

New Carlisle Office

128 N. Main St.
New Carlisle, OH 45344
Main office: 937-401-8873
Fax: 937-845-3598

Tipp City Office

5860 Suite D. S. Co. Rd. 25A
Tipp City, OH 45371
Main office: 937-506-8496

Our Providers

Testimonials

It was January 26, Carla’s birthday. While visiting her mother that day, in Dublin, Ohio, she got a call that our home was on fire. When she arrived home, an hour and a half later, the firemen were still there and so was our insurance agent, Joe Dickerson. Joe was nothing but comforting and supportive that day, as was our whole experience with Koverman Dickerson Insurance. As we would never have known what to do next, Joe had already started the process of restoration. Within hours Chris Morgan of Cincinnati Insurance and Mike Stacy of Airway Construction and Restoration were at the house assessing the damage, sealing off the roof (snowy, 19 degrees) and working late into the night to make sure the house was secure before they left the property. Everyone was prompt, thorough, and followed through until our home was restored in excellent condition. Through the whole process we never worried about our living arrangements, our house, or our property. All of the payments were made to all parties involved in the restoration process in a very timely manner. Even though this was a difficult experience, Joe Dickerson, the Koverman Dickerson family, Cincinnati Insurance, and Airway Construction have provided comfort, support, and wonderful service.

Carla and Gary Wilber - Wilber Fire
The staff at Koverman Staley Dickerson Insurance have always taken care of my insurance needs. They have advised me on how to best protect my family, home, business and employees. I appreciate having a local agent who I can talk to face to face when I have questions. I know them, I trust them and they work hard for me.

Vic Haddad - Trojan Auto Care
Here at Milcon Concrete, we have been a client of Koverman Dickerson Insurance since 1995 and have been very satisfied with their service. We have found them to be very customer driven and helped us expand our business by over 50%. In the construction industry it is very important to have an insurance agent that understands the business and reacts to the ever changing environment. Koverman Dickerson has proven to be a great partner over the years and I would recommend them to anyone. It is hard to find companies that respond to your needs with as much diligence and care as they do.

Mark Miller - Milcon Concrete