4Spa & Pool
4Street & Road
Street and Road Contractors Business Insurance Solutions
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The typical transportation contractor will engage in three primary categories of heavy construction work:
In many cases, the transportation builder acts as the prime contractor. Federal specifications require the prime contractor to personally perform at least 51% of the total job.
Transportation contractors are of various sizes from a few personnel to hundreds of employees. A medium-sized transportation contractor will generate $8,000,000 in annual contract revenue (including work subcontracted to others), and will employ about 20 field workers. Account premiums can range from $25,000 to $300,000 and higher.
Many street and road contractors operate batch plants. The plants are either batch-type or continuous mix. These are fully automated remote-controlled hot-mix plants. This makes the production of asphalt capital-intensive. There are approximately 4,300 asphalt producers countrywide.
*Limits may vary by state. Contact your underwriter for specifics.
*Eligibility may vary by state and premium. Contact your underwriter for specifics.
Special Extensions Available
This program is available in
all states, except Delaware. Some restrictive coverage and limits may
apply in certain states.