A deeper look at our target segments: Construction

We support construction and installation businesses known for their craftsmanship, discipline, and a strong safety culture.
Preferred appetite - at a glance:





Business category
Examples



Landscape & Exterior Solutions



Landscaping & tree work (pruning and removal)


Fences, decks, patios and gazebos


Masonry, paving, concrete, tile and terrazzo


Irrigation & drainage systems


Swimming pool installation and services


Lawn sprinkler installation


Metal doors and windows


Sign installation


Antenna installation (TV/satellite)


Glazier operations


Metal doors/windows/awnings/siding





Mechanical Contractors



Heating & A/C


Refrigeration


Sheet metal ductwork


Solar energy contractors


Residential water softening/treatment


Residential and commercial electricians


Underground cable/fibre optic installation 





Finishing Trades



Drywall/plastering


Insulation


Interior & exterior painting


Flooring & blinds, interior decorating/staging


Framing, trimming, carpentry 





General Construction



Residential, commercial new builds


Residential, commercial renovations/additions 





 
General underwriting considerations


Specialized coverage

Equipment Breakdown – Contractors Plus* – Protects against unexpected mechanical or electrical failures, including scheduled contractors’ equipment. By ensuring equipment is properly insured, contractors can avoid coverage gaps.
Contractors Extended Bundles* – It includes common coverage specific to contractors, such as unscheduled tools and contractors’ equipment, but also some added benefits:

Contractor's Loss of Income – Provides protection for lost earnings due to direct physical damage to contractors’ tools or equipment at a job site by an insured peril. If the damage interrupts business operations, this coverage helps recover income lost during the downtime.
Rental Reimbursement Expenses – Helps cover costs of renting replacement tools or equipment.



*Subject to terms and conditions
Client-specific exposures:


With increasing digitization for all industries, we can’t forget about contractors. Cyber risks are increasing, and Gore offers Cyber coverage for first- and third-party exposures, including expense coverage and advisory services.
More contractors are looking at professional services, ensuring the client is insured properly for all operations is important. Gore has Contractors E&O coverage with limits up to $100,000 for select contracting classes.
Submission quality:


Clearly outlining the scope of operations, percentage of work subcontracted and confirmation that subcontractors provide certificates of insurance, supports a smoother underwriting review. An example of the type of businesses serviced also helps.
Real-world example: Why we wrote this account



Client profile: Residential and Commercial HVAC Installation
Established: 2000
Annual revenue: $2M
Risk highlights:

Long-standing business, claims-free history
Excellent reviews and reputation
Multiline policy, Fleet policy placed as well
Growth potential with the account