The work masons do leaves them exposed to a range of risks, including both property- and liability-related perils. Mason insurance policies help masons in Massachusetts protect themselves from many of the risks they face.
Mason insurance is a specialized form of commercial insurance that meets the unique risk mitigation needs of masons and similar contractors. These policies are generally drafted as package policies, which means they come with multiple individual coverages that work together to protect against many risks.
Mason contractor insurance may be appropriate for any Massachusetts business that specializes in brickwork and/or stonework. While some businesses that do this type of work alongside other construction may need slightly different insurance policies, mason contractor policies tend to meet the risk mitigation needs of most businesses that primarily do brick and stone construction projects.
Any business owner who’s unsure whether this or another type of commercial insurance is more appropriate for their business ought to speak with an insurance agent who specializes in mason contractor insurance. A specialized agent will have the expertise necessary to make an informed recommendation after reviewing a business' particular situation.
Masons and stoneworkers who are self-employed usually don’t have coverage through a personal insurance policy for their work-related risks and therefore, frequently can benefit from getting a mason contractor insurance policy.
Additionally, masons who are employed by a larger company but moonlight on their own occasionally may also need their own policy. Although employers often have policies that provide coverage for their employees, employer-sponsored coverage usually doesn’t apply to work that’s done on the side and not for an employer. Thus, anyone who moonlights may need to purchase their own mason contractor policy to make sure they’re covered when completing side projects and gigs.
As stated, mason contractor policies normally come with multiple individual coverages that are bundled together. The exact combination of coverages included in policies can vary, but there are many protections that policies commonly offer. Many of these can be classified as liability protections or property protections.
Some liability protections that mason contractors might want to look for are:
Some property protections mason contractors might want include:
Along with these, mason contractors often can get extra expense coverage, business income coverage and many other protections if they need or want them.
Insurance companies consider many factors when setting rates for mason contractor policies, so premiums frequently vary. The following are merely a few of the items that can influence how much a masonry business pays for insurance:
Even with the variances that exist in policies’ premiums, however, insurance tends to be affordable for businesses in this industry. Most policies certainly cost much less than what a potentially expensive disaster or lawsuit could run if no protection is in place.
If you work as a self-employed mason or own a masonry business in Massachusetts, let the independent insurance agents at Paul T. Murphy Insurance help you properly protect your business. Our agents have the expertise necessary to help you find a mason insurance policy that offers robust protection.