Insurance for New Jersey Contractors
Where contractors’ programs quietly come apart
Most of what goes wrong on a contractor’s insurance program was set in motion two or three renewals ago. These are the four we find most often.
Most GCs won’t look at a bid from a sub with an EMR over 1.0, and contractors rarely find out their mod crept up until they’re already off the list. One miscoded claim two years back is enough to do it.
A construction defect claim on multi-family work can surface years after close-out. If completed operations has a gap on residential or multi-family, there’s nothing behind the claim when it lands.
Project mix changes faster than policies do. A generic form written for the work you were doing three renewals ago won’t match what’s on the current schedule, and the difference shows up at claim time.
Chasing subs for updated COIs and tracking additional insured endorsements is a full-time job nobody has time for. When one lapses mid-project, the uninsured claim lands on your policy, not theirs.
We’ll tell you what it covers, what it doesn’t, and whether it’s priced right. No cost, no obligation.
Built for New Jersey contractors
Coverages we place for New Jersey contractors
The foundation of the program, and where we spend the most time on contract wording — additional insured status, primary and non-contributory language, waiver of subrogation. Certificates get rejected at the gate when the underlying form doesn’t support what the contract demands.
Written against your current project schedule instead of a generic form. We review the mix at each renewal so coverage keeps pace as the type and size of work changes.
Class code review and experience modification analysis. A miscoded claim can inflate a mod for years, and correcting one has opened bid lists that contractors had been shut out of.
Layered to meet what GCs and owners actually put in front of you, rather than to a round number that looked right at the last renewal.
Capacity that keeps up with the size of work you’re bidding. Bonding limits quietly cap how big a contractor can grow, and most only find out when they pass on a job.
Tighter insurance requirements in your subcontracts, and a real process behind verifying them. The goal is that a lapsed COI is caught before it becomes an uninsured claim on your policy.
About Liberty
Liberty has consistently been recognized as one of the most dynamic, fastest growing companies as well as one of the best places to work in the insurance industry, including being recognized as the #1 Fastest Growing Privately Held Insurance Broker in the U.S. over the past four years by the Hales Report.
Liberty is not your typical insurance broker: We are a culture-first organization, and believe “If you put people first, good business will follow.” Our goal is to clear the path of political and administrative distractions so our valued team of creators can focus on their Highest And Best Use (HABU), which is what they love to do, what they do best, and therefore, is best for all of us.
