Demo Contractors

​Demolition contracting is a high-risk industry that demands meticulous planning, skilled execution, and comprehensive insurance coverage to safeguard against potential liabilities. At Toth-Felty Insurance Agency, Inc., located in Middleburg, Ohio, we recognize the unique challenges faced by demolition contractors and offer tailored insurance solutions designed to protect your business assets, employees, and reputation.​

The Importance of Demolition Contractors Insurance

Engaging in demolition activities involves inherent risks, including worker errors, public injuries, property damage, and unintended environmental pollution. A single mishap can lead to substantial financial losses and legal complications. Comprehensive demolition contractors insurance serves as a financial safety net, ensuring that your company can withstand and recover from unforeseen incidents.​

Moreover, many clients and general contractors require proof of adequate insurance coverage before considering bids from demolition firms. Demonstrating that your company is insured with appropriate limits and inclusions not only fulfills contractual obligations but also enhances your credibility, potentially leading to increased business opportunities and profitability.​

Operations and Eligibility Criteria

At Toth-Felty Insurance Agency, we provide coverage for a range of demolition operations, including:​

• Residential Building Tear-Down​

• Commercial Building Tear-Down​

• Interior Building Strip-Out​

To qualify for our demolition contractors insurance programs, firms must meet the following criteria:​

• Subcontract no more than 25% of their operations​.

• Possess a minimum of three years of industry experience​

Demolition Contractors Insurance Programs

We offer two distinct General Liability Demolition Contractors Insurance Programs, both underwritten by AM Best Rated A+15 carriers, to accommodate contractors of varying sizes and needs.​

1. Medium to Large Contractors

Designed for medium to large-sized demolition contractors, this program includes the following primary benefits:​Toth Felty

• Per Job Aggregate: Offers coverage with a per job aggregate limit, capped at $5 million, providing substantial protection for large-scale projects.​

• Blanket Additional Insured: Extends coverage to additional insured parties as required by contract, ensuring compliance with client and general contractor stipulations.​

• Completed Operations Coverage: Provides protection for bodily injury and property damage claims that may arise after the completion of a project, safeguarding against latent defects or issues.​

• Waiver of Subrogation: Where contractually required, this feature waives the insurer’s right to seek reimbursement from a third party, facilitating smoother contractual relationships.​

• Primary Wording Compliance: Ensures that the insurance coverage is primary and non-contributory, aligning with contractual requirements.​

• Explosion, Collapse, and Underground (XC&U) Coverage: Addresses specific risks associated with demolition activities, including explosions, structural collapses, and underground work.​

• Blanket Contractual Liability: Covers liabilities assumed under contracts, providing broad protection for various contractual obligations.​

• Defense Outside the Limits: Legal defense costs are covered in addition to policy limits, preserving the full coverage amount for potential settlements or judgments.​

• Personal and Advertising Injury: Includes coverage for offenses such as libel, slander, and false advertising, including electronic publications.​

• Damage to Rented Premises: Provides a $300,000 limit for damages to premises rented to the insured, protecting against potential liabilities arising from property rentals.​

2. Small Contractors

For demolition contractor firms with gross receipts of less than $500,000, our smaller General Liability Demolition Contractors Insurance Program offers:​

• Damage to Rented Premises: A $100,000 limit to cover damages to rented premises, ensuring protection for liabilities associated with property rentals.​

• Per Job Aggregate: Available for an additional premium, providing flexibility to tailor coverage to specific project needs.​

• Blanket Additional Insured: Where contractually required, this feature extends coverage to additional insured parties, available for an additional premium.​

• Completed Operations Coverage: Also available for an additional premium, offering protection for claims arising after project completion.​

Additional Coverage Considerations

Beyond general liability, demolition contractors should consider incorporating the following coverages into their insurance portfolio to ensure comprehensive protection:​

• Workers’ Compensation Insurance: Mandatory in most jurisdictions, this coverage provides benefits to employees who suffer work-related injuries or illnesses, covering medical expenses and lost wages.​

• Commercial Auto Insurance: Covers vehicles used in the course of business operations, protecting against liabilities arising from accidents involving company-owned or leased vehicles.​

• Equipment Insurance: Protects personal and leased equipment used in demolition activities from risks such as theft, damage, or maintenance issues, ensuring that essential tools and machinery are safeguarded.​Contractors Liability

• Pollution Liability Insurance: Addresses liabilities arising from environmental pollution incidents, which are a significant risk in demolition operations.​

The Toth-Felty Advantage

Partnering with Toth-Felty Insurance Agency offers demolition contractors several advantages:​

• Expertise: With years of experience in the insurance industry, we possess in-depth knowledge of the specific risks and coverage needs of demolition contractors.​

• Customized Solutions: We work closely with clients to develop tailored insurance programs that align with their unique operational requirements and risk profiles.​

• Strong Carrier Relationships: Our partnerships with top-rated insurance carriers enable us to offer robust coverage options at competitive rates.​

• Ongoing Support: From policy inception to claims handling, our dedicated team provides continuous support to ensure that your insurance needs are met with professionalism and efficiency.