Shreveport Louisiana Contractors Insurance

Shreveport Louisiana Contractors InsuranceNeed a Shreveport contractors insurance policy in one day or less? How about workers Shreveport compensation insurance?  Need Performance Bonds?

If so contact Jeff Davis insurance at 337-824-4455 or click on Shreveport Louisiana contractors insurance to submit your information to us electronically.

We offer fast coverage and great rates for all types of contractors in Shreveport.

Jeff Davis Insurance has been serving the needs of contractors for more than 50 years in the state of Louisiana.

There is One Important Question You Must Ask When Buying Contractors Insurance in Shreveport:

If you are receiving multiple contractors insurance quotes in Shreveport ask the following question because it can make all the difference if a claim occurs:

Is the contractor’s insurance policy quoted a claims made policy form or an occurrence policy form?

What’s the difference between a claims made policy form and the occurrence policy form?

The claims made policy form protects you only while the policy is in force. So for coverage to apply the claim must occur during the policy period, and the policy must not be cancelled at the time of the claim.

The occurrence policy form offers protection from covered incidents that occur during the policy period regardless of when the claim is filed.

For instance a lawsuit filed against a contractor 1 year after their contractors policy lapsed would not be covered by a claims made policy form even if the claim occurred when the policy was in force.

However if the policy was written on the occurrence policy form it would have been covered under the same conditions if the policy was in benefit at the initial time of the claim!

Do you see the difference?

The occurrence policy form offers superior protection, while the claims made policy limits your protection.

Which Shreveport Contractors Insurance Policy Is Right for You?

As you can probably assume the claims made policy is less expensive than the occurrence policy as the occurrence policy has a longer benefit period compared to the claims made policy.

So a common mistake contractors make is not understanding the difference between the two.

For example one of our licensed representatives may quote a price of $1000 per year for the occurrence policy, while one of our competitors provides a quote to you for $950 per year for the claims made policy.

If we were to quote the same claims made policy form our premium may only be $700 per year.

Choose Your Coverage Wisely by Calling Jeff Davis Insurance.

We will help you choose great options for contractors insurance in Shreveport Louisiana.

Call 337-824-4455 or click on Louisiana Contractors Insurance to submit your information to us online 24 hours per day.

Jeff Davis Insurance also offers quotes in the following areas:

  • Contractors Insurance New Orleans
  • Baton Rouge Contractors Insurance Quotes
  • Lake Charles Contractors Insurance Quotes
  • Contractors Insurance Quotes Lake Charles
  • Lafayette Louisiana Contractors Insurance Quotes
  • Metairie Terrace Contractors Insurance
  • Jennings Contractors Insurance
  • Contractors Insurance Metairie Louisiana
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