5 Hidden Risks That Could Put Your Contracting Business at Risk — And How To Protect Yourself

Being a contractor is one of the toughest — and most rewarding — jobs out there. You build homes, businesses, and communities from the ground up. You bet on yourself every day.

But too many contractors don’t realize how easy it is for one mistake — or one bad day — to threaten everything they’ve worked so hard to build.

At Ben Volk Insurance, we work with contractors across Washington every day. We understand the real risks you face, and we know how to help you protect your business without breaking the bank.

Here are five of the biggest hidden risks that can put your business — and your future — in jeopardy:

1. Job Site Accidents — Even With Safety Protocols

Even the safest crews have accidents. One slip, one fall, one minor injury can turn into a major lawsuit or a workers' comp claim that costs you thousands.

Without the right general liability and workers' compensation insurance, you could be on the hook personally for medical bills, lost wages, and legal fees.

Smart Contractors Protect Themselves With:

• General Liability Insurance
  
  

• Workers' Compensation Coverage
  
  

2. Tool and Equipment Theft — It’s On the Rise

You rely on your tools to get the job done. But theft from job sites, vehicles, and storage units is skyrocketing — and most personal property policies won’t cover it.

Replacing stolen equipment can set you back tens of thousands of dollars.

Smart Contractors Protect Themselves With:

• Tools and Equipment Coverage
  
  

• Inland Marine Policies
  
  

3. Vehicle Accidents — Personal Auto Insurance Doesn’t Cut It

Your truck is more than a ride — it’s your mobile office. If you’re using your personal vehicle for business, most insurance policies won’t cover you in an accident.

That could leave you personally liable for damages and injuries.

Smart Contractors Protect Themselves With:

• Commercial Auto Insurance
  
  

4. Employee Injuries — Worker’s Comp Isn’t Optional

If you have employees — even part-timers or subcontractors — you’re legally required to carry workers' compensation insurance in Washington State.

Skipping coverage not only puts you at risk for major fines, it also leaves you exposed to massive injury claims.

Smart Contractors Protect Themselves With:

• Workers' Compensation Policies Tailored to Construction
  
  

5. Client Lawsuits — Even If You’re Not At Fault

Not every client relationship goes smoothly. If a customer claims your work caused damage or injury, they can sue — even if you did everything right.

Legal fees alone can cripple a small contracting business.

Smart Contractors Protect Themselves With:

• Professional Liability / Errors & Omissions Coverage
  
  

• Umbrella Policies for Added Protection
  
  

Don’t Let One Bad Day End Your Business

You’ve put too much into your business to leave it exposed.

At Ben Volk Insurance, we specialize in contractor insurance that fits the way you really work — fast quotes, local service, real protection.

✅ Tailored Coverage for Builders
✅ Affordable Monthly Options
✅ Easy Online Quotes
✅ Local Support You Can Trust

Ready to protect your future?

📞 Call us today at (509) 714-2629
📩 Message us here

Or get a fast, no-pressure quote in just 60 seconds.

Ben Volk Insurance — Protecting Builders Who Build Washington.