07/07/2026
Contractors: Top 5 Insurance Mistakes (And How to Avoid Them) โ ๏ธ
We work with North Texas contractors every day. Here are the biggest mistakes we see:
โ Mistake #1: Assuming general liability covers everything
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Solution: Add builders risk, umbrella, and equipment coverage
โ Mistake #2: Not reviewing coverage annually
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Solution: Schedule yearly policy reviews to adjust limits
โ Mistake #3: Underestimating project costs & liability limits
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Solution: Match coverage to project value & scope
โ Mistake #4: Skipping umbrella coverage to save money
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Solution: $1M umbrella = $500-1,500/year, protects your assets
โ Mistake #5: Not having workers comp (if you have employees)
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Solution: It's required by law & protects you from lawsuits
Don't learn these lessons the hard way. Let's get your coverage right.
๐ 945-258-1795 | The Wrice Agency