Dedicated Construction Excess Liability Insurance

Astrus provides contractors with construction excess liability insurance to protect their projects, from brick to final build, against catastrophic losses beyond the limits of their primary casualty insurance policies.

Excess Liability Coverage Designed to Enhance Your Risk Profile

From serious bodily injuries to significant property damage, catastrophic events could force construction businesses to pay millions of dollars out-of-pocket if a claim surpasses the limits of their primary policies. Astrus offers a seamless and high tower of excess liability insurance to extend the limits of contractors’ underlying policies and cover more costly losses, ensuring their work is protected from start to finish.

Industry-Leading Expertise in Excess Liability Insurance Placement

Our team of insurance professionals at Astrus bring specialized expertise in underwriting, excess liability insurance placement and ongoing risk management for contractors. As the foremost managing general underwriter (MGU) in the construction industry, our specialists align your unique operational risks and primary insurance policies with the right excess liability coverage, giving you increased protection.

Risk-Focused Approach to Excess Insurance for Construction

We reduce the severity and frequency of claims with integrated risk management services that complement your excess liability coverage and primary insurance policies, creating a holistic risk management ecosystem. Our team of insurance professionals support awareness training initiatives, on-site project safety assessments and periodic loss analysis reports to identify and correct loss drivers before they cost your business.

Streamlined Construction Excess Liability Claims Management

Drawing from over 25 years of experience in handling high-limit and complex casualty claims, our claims specialists possess broad expertise in managing claims for major liability incidents. We advocate on your behalf from initial claim filing to resolution so you can recover faster from catastrophic events and deliver your projects on time.

Don’t let catastrophic losses cost your business.

Our excess liability insurance for contractors is uniquely designed to cover extreme losses, from bodily injuries to property damage. Partner with Astrus today to extend the limits of your underlying policies and protect your work from start to finish.

Construction Excess Liability Insurance FAQs

Construction excess liability insurance is designed to provide an additional layer of protection when your primary insurance policies reach their limits, such as employers’ liability, general liability and auto liability.

For example, consider an auto accident where an employee of a construction company is driving a company-owned truck to a job site. While merging onto a busy highway, the driver fails to check a blind spot and sideswipes a passenger vehicle, causing a multi-vehicle accident and severe injuries to the driver and passenger of the other car. Total damages from this event, including medical expenses and lawsuits, exceed the primary policies’ limits.

The primary insurance policies would help cover the expense of the claims first, and then the excess policy would activate once those underlying limits are exhausted. This protects your business’s profitability and bottom line.

In today’s complex construction risk landscape, lawsuits and claims are on the rise. While underlying policies like general liability, employer’s liability and commercial auto liability are critical safeguards against project risks, they might not be sufficient to cover extreme losses.

Excess liability coverage provides an extra layer of financial protection, stepping in when a catastrophic loss goes beyond standard policy limits. This policy is ideal for all businesses in the construction industry, especially as new risks emerge. Even with a strong risk management program in place, complete with specialized training and regular risk assessments, accidents can still happen, making excess liability insurance a critical addition to any construction insurance program.

Contact a representative from Astrus to learn more about the value of excess liability insurance and viable coverage options for your business.