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Insurance Coverage
Innovative insurance solutions empower you to reduce risk, protect your business, and save money.
Insurance coverage built for construction
We have established strong partnerships with over 30 of the highest-rated insurance carriers. This means we can help you find excellent coverage and rates on almost any line of insurance.
Through our consultative risk management approach, we’ll take the time to learn about your business and create the perfect insurance program – with all the coverage you need, and nothing you don’t.
★★★★★ 5/5
Business owner experienced 293% increase in revenue and was no longer confident with their insurance program. Leif’s consultative risk management process resulted in a partial adoption of fleet management technology to help manage its growing list of assets and qualify for Leif’s exclusive programs – a 58% rate reduction.
Current Leif Customer
Which policies are right for you?
With our diverse network of top-rated carriers, we can write any insurance program tailored to your risks. Along with with most common policies below we can also write; Cyber Liability, Errors & Omissions, Management Liability, Pollution Liability, Commercial Property, Umbrella Coverage, and more.
Workers' Comp
Coverage for your employees from the financial impact of workplace injuries
Builder's Risk
Protection for buildings and structures during construction or renovation
Umbrella Coverage
Protection from losses that exceed the limits of your other policies
Earn exclusive discounts with connected tech
Save up to 50% on premium with Leif’s exclusive insurance policies. Designed just for contractors, our proprietary programs allow you to earn steep discounts using smart technology. These tools provide insights about vehicle and equipment usage, as well as driver behavior. This information is proven to reduce your risk of loss, so you get a discount. It’s that simple.
Safety-focused contractors receive more discounts.
Today, we have technology proven to reduce risk. This gives safety-focused contractors an opportunity for better coverage at lower rates. Here’s how we use innovative insurance solutions, AKA: Real-Time Risk Management, to help contractors boost productivity, protect their operations, and win more jobs.
Reduce risk and costs across all lines of insurance
Fleet management technology impacts more than your equipment insurance. Connected assets reduce risk across the board.
Objective dashcam footage of incidentsFewer paid auto claims =
Operator behavior warnings =Fewer commercial insurance claims
Location and usage data = Fewer theft and third-party liability claims
Timely maintenance =Less downtime and loss of use claims
With an improved claims experience and a proven commitment to managing risk, you’re in the best position for the best rates. We’ll help you get them.
In-houseSurety Bond Underwriting
Leif’s bond underwriters have long-term relationships with the best surety companies for contractors.
We’ll develop a strategy to increase your bond capacity, so you can:
- Bid on larger projects
- Improve profitability
- Win more jobs!
With full access to our in-house bond team, you can be sure you have the bond capacity you deserve and is compliant for each project. We promise overnight delivery for most new bonds.
Multi-state coverage for contractors of all trades
Leif is actively building the next big cost-saving program for construction insurance. Creatively serving contractors of all shapes and sizes, we offer customized coverage for:
- Artisan Contractors
- Bridge & Infrastructure Contractors
- Concrete Contractors
- Demolition Contractors
- Electrical Contractors
- Excavation Contractors
- General Contractors
- HVAC Contractors
- Landscaping Contractors
- Municipal Contractors
- Oil & Gas Contractors
- Plumbing Contractors
- Street & Road Contractors
- Structural Steel Contractors
- Other specialized trades
Insurance Coverage FAQs
What types of insurance coverage do I need?
Contractors often need general liability, workers’ comp, equipment insurance, and builder’s risk–plus surety bonds. However, we’ve found that a one-size-fits-all approach to insurance just doesn’t work in the construction industry. Your business is unique and your insurance strategy should be, too. That’s why we get to know your operations and goals, and then tailor a program just for you.
How do connected assets save me money on insurance?
Connectivity with telematics and smart equipment provides insights like asset location, operator behavior, and maintenance warnings. This robust information helps you reduce insurance claims and lower your rates over time. In addition, investing in smart equipment shows your insurance carrier you’re committed to reducing risk, which can earn you discounts and position you favorably with your underwriter.
Why do I need cyber liability insurance?
Any business that relies on technology is exposed to cyber risks like DDoS attacks and extortion. As the construction industry becomes more digitized, it’s important to evaluate and mitigate these risks. Today, contractors collaborate digitally with many stakeholders on a project – and the contractor often holds ultimate responsibility for the technology used. Even in the case of a third-party data breach, your company could be liable.
Why do I need errors & omissions insurance?
Contractors’ E&O insurance covers damage to your work or product resulting from your own negligence or errors. It covers damages that are excluded from your commercial general liability policy. For example, if you completed a $40,000 electrical job that later caused a building fire, your CGL policy would cover damage to the building, but exclude the $40,000 electrical work. Your contractors E&O policy would cover the $40,000 cost to redo the work and legal defense if needed.
Why do I need management liability insurance?
You might need management liability insurance if you run construction projects for a project owner. This type of insurance covers damages and legal costs resulting from management decisions that led to project delays and cost overruns. It’s often packaged with your E&O policy.
Why do I need pollution insurance?
Construction operations face a variety of pollution exposures during activities like demolition, excavation, burning, and working with hazardous materials. A misstep during these activities can impact public safety and lead to claims, lawsuits, and reputational damage for your company. Pollution insurance protects you from these outcomes.
Why do I need property insurance?
Property insurance covers your business’s assets, like your building and its contents. If you have a physical office or location where you store tools and equipment, you need a commercial property insurance policy.
More than an insurance agent:
Our Consultative Approach
As your construction operation grows, your risks compound. Leif’s in-house experts help you create risk and bond strategies tailored to your business.
At Leif, we use a consultative approach to provide ongoing guidance. Our proven five-step process ensures your risk management plan aligns with your goals.
Risk services included with your partnership:
- Contract alignment review
- Balance sheet analysis
- Loss retention analysis
- Work comp e-mod forecasting
- Audit assistance
- Claims consulting
- Claims analysis
- Exposure analysis
- Loss control techniques
- Safety education and training
- Safety policies and programs
- OSHA compliance and reporting
Personalized serviceyou can count on, every time
We deliver exceptional service across all lines of insurance by promising to:
- Identify coverage gaps and quickly secure new policies
- Partner with strong carriers to offer the best program available
- Respond quickly to calls, texts, and chat during business hours
- Offer after-hours claims consultation for 24/7 emergency support
- Deliver most COIs within 2 business hours and bonds overnight
- Create a strategy to maximize your bond capacity for growth
Whether you’re a large multi-state firm, local trade contractor, or something in between – you can hold us to our promise.