Is Your Local Austin Asphalt Paving Contractor Fully Insured?
When hiring an Austin asphalt paving contractor, there are many factors to consider. While evaluating a contractor’s experience and capabilities should be a priority, there’s one often overlooked detail that you can’t afford to ignore: insurance. Asphalt companies in Austin do dangerous work. Despite how simple asphalt paving looks, there are many ways in which things can go awry. In this blog, we’ll explore the importance of working with insured asphalt companies in Austin and the types of insurance policies you should look for.
Why Do I Need to Hire an Insured Austin Asphalt Paving Contractor?
Asphalt paving in Austin is a risky job. Seasoned companies know what they’re doing and take all the necessary precautions to operate safely. However, accidents can always happen. Workers can suffer injuries, mistakes can damage your property, and third parties, such as neighbors or bystanders, can also experience issues from asphalt paving gone wrong.
If your paving contractor doesn’t have insurance, you may be liable for accidents that happen on your property. That could result in significant financial losses. A good paving contractor in Austin will obtain insurance to protect themselves and you, the client. While there are no statewide laws in Texas that require paving contractors to obtain insurance, many do so to provide peace of mind and protection.
Should Asphalt Companies in Austin Have Workers’ Compensation?
Paving contractors in Austin need workers’ compensation to protect their employees. There are many cases of laborers suffering major, life-threatening injuries on the job. With so much dangerous equipment around, all it takes is one freak accident or distraction to spell trouble. Workers’ compensation ensures that everyone working for a paving contractor can get financial assistance if they suffer an injury.
How does that protect you? If paving contractors don’t have workers’ compensation, injured workers may have no choice but to sue you to get compensation!
Do I Need to Ask My Austin Asphalt Paving Contractor for Proof of General Liability Insurance?
Always ask for proof of all insurance, including general liability insurance. These policies protect paving contractors in Austin against legal claims from third parties. That includes neighbors or passersby who might suffer injuries or property damage. Like before, those third parties could sue you to get compensation if your paving contractor isn’t insured.
If a company hesitates to provide proof of insurance, consider it a red flag and go elsewhere for asphalt paving in Austin.
What Other Forms of Insurance Do Paving Contractors Need?
Workers’ compensation and general liability insurance are the two big policies that paving contractors need. However, there are a few additional policies you should also request to see before hiring a company.
The first is vehicle liability insurance. Paving contractors in Austin often utilize multiple trucks to transport tools, workers, and equipment. Each one should be insured. Texas requires all vehicles, including commercial ones, to have insurance.
Finally, ask to see proof of an umbrella policy. Other insurance plans have a cap. Insurance policies will only pay claims up to that cap. Umbrella policies bridge the gap, providing additional coverage when other insurance plans aren’t enough.
Don’t let your asphalt paving project be your source of financial ruin! Working with a fully insured contractor for asphalt paving in Austin is a responsible move that can protect you against the worst-case scenario. Let Pana Paving be your contractor of choice. We bring over three decades of experience to your project. We hold the paving industry to the highest standards by continually pushing for excellence in everything we do. Our team is eager to demonstrate what they can do while delivering results you’ll be proud to showcase.
Pana Paving offers a range of services, including asphalt paving, repairs, milling, overlays, sealcoating, concrete driveways, parking lot striping, and more. Contact the Pana Paving team today at (512) 883-0941, email panapaving@gmail.com, or use our online form to receive a free quote.
