When you're hiring a local paving contractor, there are many questions you should ask. It's always good to look at a company's portfolio of work, request references, and ensure they have proper licensing to complete your project. However, beyond all those details, proof of insurance is the most important thing you should look into when hiring a Southern Virginia paving contractor. Whether you're getting a new asphalt driveway or need repair work, insurance protects you and your bottom line. Here's what you need to know.
Why Does a Local Paving Contractor Need Insurance?
Insurance is a part of everyday life, and the policies that a paving contractor gets serve the same purpose as your homeowner's or health insurance. It provides peace of mind and financial compensation when disaster strikes. If someone gets injured or property suffers damage, insurance comes in to save the day and help you avoid liability risks.
Working with asphalt is risky. Whether laying hot asphalt, sealcoating existing surfaces, or conducting complex repairs, asphalt paving is inherently dangerous. Even the most skilled paving contractor isn't immune to accidents. Insurance covers a contractor's bases. It protects them and you.
What Types of Insurance Policies Should a Company Have to Do Paving in Danville VA?
Asphalt companies need to have many types of insurance policies to lay, repair, and maintain paving in Danville VA. Here's a quick breakdown of the policies you should inquire about.
- Workers' Compensation:
Every Southern Virginia paving contractor that hires two or more employees needs workers' compensation by law. These policies provide compensation to employees injured on the job. If a paving contractor doesn't have workers' compensation, you may be financially liable for the injuries suffered when working on your asphalt driveway.
- General Liability:
Accidents don't just affect workers. Asphalt paving installation, repairs, and maintenance can also impact neighboring properties and bystanders. This insurance covers non-employees and property damage, protecting you and your paving contractor from financial liability.
- Vehicle Liability:
Southern Virginia paving contractors use many vehicles to transport workers, materials, and equipment to and from the work site. Every truck used needs liability insurance.
- Umbrella Policies:
Umbrella policies are an optional add-on. They provide additional coverage when claims exceed the limits of other insurance policies.
What Are the Risks of Working with an Uninsured Local Paving Contractor?
Financial loss and legal liability are the most considerable risks of working with uninsured asphalt companies. For example, say an employee suffers an injury when working on your asphalt driveway. If that accident occurred on your property, you may be liable even if you're not at fault.
Legal liabilities can be disastrous. You may find yourself paying thousands in financial compensation. Anything can happen when working with asphalt on the job site. Paving contractors need insurance to protect themselves and clients like you from legal and financial troubles. Never work with a contractor who doesn't supply proof of insurance. It's too risky. Always inquire about insurance and choose a contractor fully protected by robust policies.
When you need paving in Danville VA and surrounding areas, turn to E. Wells Paving. We're a fully insured paving contractor committed to you. Unlike other asphalt companies, we prioritize customer care. Our team works hard to exceed your expectations while delivering outstanding results. In addition to asphalt paving, we're available for sealcoating, repairs, and more.
Let us show you why we're among the best asphalt companies in the area. Call E. Wells Paving at
(434)637-8013
, email
ewellspaving98@gmail.com
, or use our
online form
to request your free project quote today!
