Residential and commercial construction presents unique hazards and claim exposures to contracting organizations. With our extensive construction risk management experience Preferred Insurance is equipped with the knowledge and resources to protect your organization. Our construction department will work with your team to identify organization risk, analyze risk impact, implement policies and procedures to mitigate, and monitor and adapt those solutions.
We offer a complete array of products for the construction industry, including property and casualty insurance, risk management, workers’ compensation, claims management, general liability, and employment practices liability.
Why Choose Preferred Insurance
- We have been providing comprehensive industry coverage since 1996.
- We are the largest Erie Agency in Virginia and the 4th largest in the country.
- We insure more than 450 contractors.
- With our dedicated Certificate Department we respond to certificate requests quickly and efficiently, with certificate delivery taking place within 24 hours.
- We offer a workers’ compensation dividend program for qualifying policyholders.
- We offer a unique, proactive, open claims management program, monitoring all open claims with reserves in excess of $15,000 every 45-60 days
- We conduct stewardship meetings with clients to ensure satisfaction.
- We serve as an active member of our clients’ safety committees.
- We are a member of the following associations:
- American Subcontractors Association of Metro Washington (ASA)
- Associated Builders and Contractors (ABC)
- Mid Atlantic Roofing Contractors Association (MARCA)
- Virginia Association of Roofing Professionals (VARP)
Construction is Our Specialty
At Preferred Insurance, we have been insuring contractors since 1996 and have extensive experience with all aspects of the construction industry. Our staff not only assists clients with insurance policies, but we work to help lower your costs by proactively identifying loss trends and recommending areas for improvement. Our services can be tailored to fit construction businesses in all of the following areas: