Frequently Asked Questions

We know insurance can be confusing. To help you make a clear decision when it comes to selecting the right coverage, our insurance experts provide answers to some of the most commonly asked questions.

Contracting insurance

Our standard coverages will meet most of your business needs. Optional coverages tailor your policy to your unique business. Work with your agent to see what optional coverages are right for you.

We understand contractors and realize many have a need for all the coverages in a businessowners policy except property coverage. This is why we created a special no-property businessowners policy for contractors.

Most carriers offer a general liability policy with a limit that is the most they will pay through the policy period no matter how many projects or locations you’ve been working at. Acuity extends this limit to automatically apply separately to each of your projects for no additional charge.   

A contractor or owner may request that you add a waiver of subrogation to your policy. A waiver of subrogation prohibits the insurer from collecting payment from parties responsible for damages to you, when you have agreed in writing to waive our right to collect those payments.

We provide a full range of additional insured options. If your job owner is requesting it, odds are we can provide it!

We insure all kinds of contractors, including everything from steelwork and wallpapering to framing and road building! 

Both—and everything in between! We have the expertise and coverages to adequately insure large construction firms, yet we understand the market demands of small operations. We write thousands of contractors of all sizes.

You can easily get a certificate of insurance from your independent insurance agent or online through our website 24/7!

We started out as Mutual Auto Insurance Company of the Town of Herman in 1925 and have been insuring contractors for over 40 years!

We are one of the rare companies that maintain A+ financial ratings from A.M. Best and Standard and Poor’s. Of the 3,000 property-casualty carriers in the nation, we’ve consistently been ranked as one of the best-run companies by Ward Financial Group.

I’m helping to revolutionize the relationship between contractor and insurance company so both understand each other and can accomplish tasks together as a team.

There is no substitute for experience. Having worked as a carpenter all the way up to a business owner gives me a unique perspective of all aspects of construction. Teaching Acuity’s employees the processes of a construction company helps them better understand contractors, more accurately assess risk, and ensure they have the proper coverages and products to best serve the industry.

Many tradesmen start their own business because they are very skilled and confident in their abilities. On the business side, finding a good construction attorney to review your business practice can eliminate many problems. Let the attorney know how much money you can allocate to get started. Then,  set aside some funds for a business review each year. Get help managing the office if needed. Look for any weaknesses in your company and find the best person to put in that position.

To make Acuity the “go-to” insurance company for contractors—a place where employees, agents, and our insured contractors can continue to be educated on the industry. Understanding the processes and the heart of construction in simple ways can show we know more about the industry than simply writing policies.

I believe we will see rapid advancements in technology, such as 3-D models, intelligent machines, mobile devices, and software. More drones are being used on the job site. Advancements in development of materials, tools, and equipment will continue. Skilled craftsmen will be in high demand, and continuing education will be highly sought out in the changing industry. Developments in industry safety, energy efficiency, and green building design will also continue to develop. As some companies outsource more work, others will self-perform more for project control. Larger companies will obtain in-house legal counsel. Reducing overhead expense and minimizing risk will continue to be priorities.