Why contractors trust us
As a contractor, you have plenty of responsibilities to juggle every day and unique risks you need to safeguard your business against. Our contractors’ insurance solutions are designed to protect your business against those every day risks. We have customized policy options for home builders, electricians, trade contractors, mechanical contractors, and more.
We’re industry experts
Our expertise among home builders, electrical contractors, mechanical contractors and other skilled trades in the contracting industry is defined by our relationships with the leading industry associations including the Canadian Home Builders’ Association (CHBA), Canadian Electrical Contractors Association (CECA), Canadian Fence Industry Association (CFIA), Electrical Association of Manitoba (EAM), Mechanical Contractors Association of Ontario (MCAO) and more.
Insurance designed for contractors
For over 100 years, we’ve been creating customized insurance solutions for contractors. So, we understand the daily risks you’re exposed to and are ready to help in any way we can!
Whether you’re a home builder, trade contractor, electrician or mechanical contractor, our insurance specialists have the knowledge, tools and experience to design customized solutions to protect your contracting business.
At Federated Insurance, we provide:
- Customized insurance solutions designed for contractors
- Dedicated advisors who work with you directly
- Expanded coverage options
- Flexible payment and deductible options
- Quick, no-hassle renewals
Common claims for contractors
Contractors are responsible for a lot, and one of those responsibilities is being aware of the risks and possible losses they could face. While it’s important to be careful all year round, Federated Insurance’s internal claims data found that half of the claims received were during the busy months of May to August. The top cause for a loss was fire. Others included vehicle accidents, heavy rainfall, and faulty work.*