Insurance Baton Rouge

Business Insurance Can Provide a Solution

Louisiana Contractors and developers have a lot to worry about including cost overruns, subcontractor issues, state and local regulations and much more. Louisiana Construction sites are frequently vandalized by the theft of machinery, equipment, tools and materials. If you have the right kind of business insurance, then you may be covered for such losses. Because job sites vary, each type of site will require different protective measures and programs. The following are a series of loss prevention recommendations designed to minimize or reduce the theft of property from the construction job site.

Construction Safety

1.    Encourage all employees to be security conscious when on the work site.

2.    Complete background checks of all employees.

3.    The control of keys is essential on a site. Keys should be issued to as few people as possible. Managers should keep a log of who has keys.

4.    Keep all equipment locked. Storage sheds or fenced areas should be provided on the job site for the secure storage of tools and equipment.

5.    Lock all vehicles at night.

6.    Place a fence around the construction site.

7.    Construction equipment should be engraved or marked in at least two obvious and one hidden location.

8.    Stamp ID numbers conspicuously on all large equipment and keep records of the ID numbers.

9.    Lighting can be an effective deterrent to theft and vandalism on the site. It is particularly effective in deterring the casual or impulsive offender.

10.  Make sure all incidents of theft or vandalism are reported promptly by workers and reported to police.

Jobsite theft continues to be a major challenge for all contractors, with industry experts estimating annual losses at roughly $1 to $2 billion in the construction sector alone. Having the right kind of insurance is a good way to protect your business. 

We offer free, comparative quotes on contractor’s general liability insurance from multiple insurance carriers so you can get the best possible rate.

Fourrier Agency, Inc., a third generation-Louisiana owned agency, represents the most stable and financially secure companies in the marketplace today. We shop multiple A rated companies for you to provide a variety of options to choose from


Posted 10:03 PM

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