Owners & Contractors Protective Liability Coverage
Protect Your Business From Accidents
There are plenty of opportunities for work-related accidents to occur in construction. There are insurance products designed for these risks associated with a construction project to be transferred. This is where BlueRock steps in and helps you mitigate your liability. We offer an Owners’ Interest Policy (OIP) and Owners and Contractors Protective (OCP) Liability Coverage. These policies protect you as a property owner and your business from financial liabilities in case of accidents.
Owners and Contractors Protective (OCP) Liability Coverage
The Owners and Contractors Protective (OCP) Liability Coverage is a specific type of insurance. It applies only to one insured party: the project owner who hires the contractor. This policy protects the property owner from any liability that may come from the work of an independent contractor.
There are two parts of the policy to consider:
This policy protects the insured person or company from liability related to the contractor named in the policy
The property owner is protected from liability. This protection applies only to issues that arise from their own actions. It also covers general supervision of the contractor at the location specified in the policy
The Owners and Contractors Protective (OCP) Liability Coverage does not cover property damage or bodily injury. This applies whether the incident occurs before or after the contractor is working on the property.
We Will Make A Difference for You
At BlueRock Insurance Services, our brokers are committed to assisting construction property owners in New York and New Jersey. We are here to answer any questions you may have to meet your needs:
Support you with a full understanding of the Owners and Contractors Protective (OCP) Liability Coverage
Assist you with the exact coverage you need to need to fit your budget and ensure that you are well protected
Obtain the lowest price available from the multiple insurance carriers we work with for you
Did You Know?
Owners and Contractors Protective (OCP) Liability Coverage has several limitations. One key limitation is that no excess coverage can be purchased above it
Due to the limitations of the Owners and Contractors Protective (OCP) Liability Coverage, this may not be suitable for everyone
However, for the Owners’ Interest Policy (OIP), you can buy excess policies if you need more coverage
Get Your Free Quote Today
Ready to protect your business with the right coverage? At BlueRock Insurance Services, we make it simple, fast, and stress-free to get the protection you need. Whether you're a small business owner, homeowner, or just getting started, our experienced team is here to guide you.
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Don't leave your business or personal assets at risk. Fill out the form below and let us help you get covered today.
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