Hey Pflugerville, TX builders and dreamers! Have you ever thought about the 'what ifs' during a construction project? What if an accident occurs on-site? Or a sudden storm damages your almost-finished building? That's where Course of Construction Insurance comes into play, and it's something TWFG - Contractors Insurance takes seriously.
Course of Construction Insurance, often known as 'Builder's Risk Insurance,' is like a guardian angel for your construction projects. It's a specialized type of property insurance which helps protect your building projects from unforeseen events. Think of it as a safety blanket that covers your project from groundbreaking to completion.
Construction Accidents
Fire Damage
Weather-Related Incidents
So, what exactly can this type of insurance cover? Here are some common claims:
And this is just the tip of the iceberg. Every construction project is unique, so coverage can be tailored to fit your specific needs.
At TWFG - Contractors Insurance, we don't just sell insurance; we build relationships. Our team, based right here in Pflugerville, TX, understands the local building environment and your unique needs. We're not just insurance agents; we're your project partners.
Have any questions? Feel free to call us at 713-388-6681. We're here to help you navigate through the insurance process smoothly.
Starting with TWFG - Contractors Insurance is a breeze. Whether you're a seasoned builder or embarking on your first project, we've got you covered. Just give us a call at 713-388-6681, or visit our online quote request form. We’ll make sure you’re equipped with the right coverage for your project.
Remember, a well-protected project is a successful project. Call us at 713-388-6681 for a personalized consultation. We're excited to be a part of your construction journey in Pflugerville, TX!
Partner with us at TWFG - Contractors Insurance and let’s build something great together. Stay safe and covered!
Your construction insurance allies at TWFG - Contractors Insurance, Pflugerville, TX.
Below are answers to some of the most common contractor insurance questions TWFG - Contractors Insurance receives. If you have additional questions, call us at 713-388-6681 and we'll be happy to help.
Texas workers' comp premiums are set per $100 of payroll and vary dramatically by trade class code. Carpentry runs roughly $6–$12 per $100 of payroll, electrical work $3–$6, plumbing $4–$7, and roofing $15–$30 – the highest of any common trade. A roofing crew with $200,000 in payroll can expect $30,000–$60,000 per year, while an electrical shop with the same payroll might pay $6,000–$12,000.
Texas contractors typically pay $1,500–$3,000 per vehicle per year for commercial auto with $1M combined single limit – the limit most GC contracts require. Pickups and vans are generally on the lower end, while dump trucks and vehicles towing equipment trailers are on the higher end.
Builders risk typically costs 1%–4% of the total construction budget for the policy term. A $500,000 ground-up build usually runs $5,000–$20,000 depending on construction type, location, and term length. Interior build-outs and renovations price lower than ground-up frame construction.
Bid bonds are usually free or under $100. Performance and payment bonds typically cost 1%–3% of the contract value, so a $1M bonded job costs roughly $10,000–$30,000 in bond premium, driven mostly by the contractor's credit and financials. Contractors with strong financials pay at the low end.
$1M/$2M means the policy pays up to $1 million for any single occurrence and up to $2 million total across all claims in the policy year. It's the standard limit requirement in Texas construction contracts. Larger commercial projects increasingly require $5M, usually satisfied by stacking a commercial umbrella on top of the base $1M policy.
Contractors typically pay $400–$1,500 per year per $1 million of umbrella coverage. It's the cheapest way to meet contracts requiring $2M–$5M limits, because the umbrella sits over your existing GL, auto, and employer's liability rather than replacing them.
The biggest premium drivers are trade type (height and fire exposure cost more), payroll and revenue size, claims history, subcontractor usage without certificates, years in business, and whether work is residential or commercial. New ventures (under 3 years) and contractors with open claims pay meaningfully more until they build clean history.
Yes. Most carriers offer monthly installments with 10%–25% down, and pay-as-you-go workers' comp programs tie your premium to actual payroll each month, which prevents large audit bills and helps cash flow on seasonal work.
Reviewed by Sameer Khan, licensed Texas commercial P&C agent with over 20 years of experience helping Houston contractors obtain commercial insurance.
