BC Construction Insurance

Insurance coverage for construction projects and businesses in British Columbia

Acera Insurance stands as a trusted partner within British Columbia’s construction sector, delivering innovative solutions that address the industry’s demanding timelines and distinctive risks. We collaborate closely with local contractors, subcontractors, and project owners to create comprehensive insurance programs and effectively manage risk-related costs, allowing our clients to focus on building with confidence.

Our commercial insurance brokers possess extensive experience and in-depth knowledge across residential, commercial, and industrial construction. They work with you to develop a tailored risk management plan designed to protect your current projects and support your future growth.

BC building and construction insurance solutions built for you

Acera’s construction risk advisors are experienced in all areas of the industry and have been involved in many major construction projects locally, nationally, and internationally. We provide flexible construction insurance solutions within your budget and to support your construction project timeline.

Key coverages provided to BC construction companies include:

• Annual property and general liability insurance policies
• Project-specific wrap-up liability and builder’s risk insurance
• Project-specific errors and omissions liability insurance
• Environmental impairment liability insurance
• Contractors equipment coverage
• Installation floater
• Transit and cargo insurance
• Employment practices liability
• Directors and officers liability
• Excess and umbrella liability
• Business interruption

We also provide comprehensive in-house surety and bonding services, enabling you to meet all your project requirements without the need to seek assistance from external providers. By choosing us, you benefit from a seamless, streamlined process that saves you time and offers peace of mind, knowing that your project’s financial security is managed by experts who understand the unique demands of the construction industry.

Our team recognizes the importance of having the right insurance coverage at every stage of your construction project. From initial planning through to completion, we ensure you are protected against the specific risks you face as your project progresses. With tailored coverage solutions, you can confidently move forward, knowing your investment is safeguarded at all times. Choosing us means prioritizing comprehensive risk management that adapts to your evolving needs, helping ensure your project’s success and continuity.

BC Course of Construction Insurance

Acera Insurance provides the highest quality insurance products and innovative risk-related solutions for course of construction (COC) insurance, designed to project against direct physical loss or damage to a project as well as construction material waiting to be installed or while in transit to a job site.

Our insurance solutions protect your company from the risks related to your business assets, including buildings and improvements, stock and equipment.

We understand the need for competitively priced programs that include coverage for property damage arising from your operations. Our liability programs provide protection of customer goodwill by insuring against client complaints against products and services and claims of injury. Our course of construction experts can customize a COC insurance policy for your next project, including coverage for standard exposures such as fire, flood and earthquake. Coverage can also extend to a delay in opening of “soft costs” which may occur as a result of an insured peril.

BC Wrap-up Liability Coverage

Acera Insurance offers best-in-class solutions for wrap-up liability in British Columbia. This construction project specific liability policy protects your company’s owners, general contractors and sub trades from the risks related to your business assets, including buildings and improvements, stock and equipment.

Our team understands the need for competitively priced programs that include coverage for wrap-up liability, and our BC construction experts have the expertise to place the right coverage for your next major project.

How much does construction insurance cost in BC?

The cost of construction insurance in British Columbia is determined by a few key factors, such as:

• Your insurance and claims history
• The value of the project (or rebuilding cost)
• Location of where you’re working
• The value of materials and tools stored on site

There may also be other influences on determining the price of your construction insurance policy, which is why it always benefits to talk to a local broker. Connect with one of our BC construction advisors to learn more and get your free, competitive quote.