Top-Rated Street and Road Contractor Insurance in Michigan

At Oakland Insurance, we understand the unique risks faced by street and road contractors in Michigan. Our experts are dedicated to providing tailored commercial insurance solutions that will meet the needs of the business and provide financial protection when needed. We offer a wide range of coverage options such as general liability, property damage, workers’ compensation, commercial auto insurance, and more. 

Call us or fill out our online form today and one of our team members will be in touch shortly to discuss the best insurance policy for your business. We look forward to helping you get the protection you need!

Commercial General Liability Insurance (CGL) is an essential policy for street and road contractors in Michigan. It provides coverage for bodily injury, property damage, and personal and advertising injury that your business might cause during its operations. This means if an accident occurs on your job site and a third party is injured, or their property is damaged, your CGL policy can cover the associated costs. Also, if your business is sued for slander or copyright infringement, the personal and advertising injury coverage of your CGL can protect you.

In addition to these, CGL also offers protection against certain lawsuits, legal costs, and claims related to non-professional negligent acts. Suppose your business is held legally responsible for damage to a rented property, your CGL might cover these expenses. However, it's important to understand that CGL does not cover professional mistakes. Therefore, it is often paired with professional liability insurance (errors and omissions insurance).

Professional Liability Insurance (PLI) provides coverage to street and road contractors in Michigan for claims arising from errors or omissions during the course of business. PLI covers defense costs associated with lawsuits that allege professional mistakes, negligence, or wrongdoing. Examples include allegations of inadequate work quality, delays in the completion of projects, or failure to follow professional standards.

PLI is important for street and road contractors in Michigan because it protects their businesses from the financial losses that might arise from lawsuits related to their services. Without PLI, you could be held liable for any damages sustained by third parties due to your actions. With PLI, however, you can rest assured that legal fees and damages associated with lawsuits will be covered by the insurance policy.

Commercial Surety Bonds are an important form of financial protection for Michigan street and road contractors. These bonds guarantee that a contractor will fulfill any contractual obligations they have entered into with their clients, such as completing a project on time or within budget. If the contractor fails to meet these terms, the bond reimburses the client for any losses incurred.

Commercial Surety Bonds are also valuable to you as a Michigan street and road contractor, as they offer a form of financial protection if something goes wrong with a project or if you are sued by your client. Surety Bonds ensure that your business is protected from financial losses due to non-performance or breach of contract. In addition, they help demonstrate to potential clients that you operate in a professional manner and can be trusted to fulfill the terms of any agreement.

Workers' Compensation Insurance is required by Michigan law for street and road contractors who have employees. This insurance provides financial protection for workers who become injured or ill due to their work. It also covers any medical costs associated with such illnesses or injuries, as well as compensation for the employee in the event of missed time at work. 

In addition to providing financial benefits to your employees, Workers' Compensation Insurance can protect your business in the event of a workers' compensation claim being filed against you. By carrying this insurance, you can avoid any legal costs associated with defending yourself and help minimize any financial losses due to an employee-related incident.

Having property and liability insurance together is also important for Michigan street and road contractors. This insurance will protect your business from any losses or damages caused by your services. In addition, it can cover legal fees and costs associated with a claim being filed against you for negligence or other reasons. By having this coverage in place, you can protect your business from financial losses due to a customer being dissatisfied with the results of your work. 



Property and liability insurance can also provide protection for your equipment, vehicles, and any tools you have in your possession. This coverage will help cover the costs of repairs or replacement should any of these items be damaged or destroyed due to an unforeseen incident.

Equipment breakdown insurance can be a valuable asset to you as a Michigan street and road contractor. This insurance helps cover the costs associated with repairs or replacement of any equipment used in your business. It can also provide protection for any losses due to interruptions in operations caused by an accident, malfunction, or failure of any machinery. By having this coverage in place, you can protect your business from financial losses due to unexpected repair costs or other issues associated with equipment breakdowns. 



In addition, it can provide financial protection should you need to hire specialized professionals from outside of your business in order to repair or replace damaged equipment. Equipment breakdown insurance can also help cover the costs associated with downtime, allowing you to get back up and running as quickly as possible after an incident has occurred.

Michigan law requires that all vehicles used for business purposes be covered by liability insurance. This type of coverage can protect your business from financial losses due to accidents or other incidents that occur while using your vehicles, such as property damage, bodily injury, and medical payments. It can also provide you with protection should any of your employees cause an accident while driving one of your company vehicles. 

Commercial auto insurance can also cover your vehicles against theft, vandalism, and other physical damages. This type of coverage may even provide you with reimbursement for rental car costs should any of your business vehicles need to be replaced due to an accident or breakdown. Having this type of insurance in place can be a great resource for Michigan street and road contractors that use their own vehicles on the job.

Umbrella liability insurance is an extra layer of protection for Michigan street and road contractors. This coverage can provide additional financial protection above and beyond the limits of your primary policies, such as general liability, auto, or workers' compensation insurance. Umbrella insurance can also help protect against claims that may not be covered by other types of policies, such as libel or slander. In addition, it can provide coverage for any legal fees or settlements that may arise from a lawsuit. Having this type of policy in place can give you peace of mind knowing that your assets are protected should an incident occur while on the job.