Insurance for Railroad Contractors

Keep Railroad Contractors on track and free from financial loss caused by legal liability or claim.

The railroad business is subject to unique risks - trains, tracks, cargo and passengers all can be affected by an accident or unforseen event. Having the right insurance policy in place can help railroad contractors manage this risk. Keep clients protect should an unfortunate incident occur causing injuries to persons or damage to the property of others. 

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railroad worker soldering track

What types of risks do Railroad Contractors face?

It's full steam ahead for Railroad Contractors when under a deadline to build tracks for a city or railway; however, many risks are involved in this important work. Employees are subject to injuries due to the specialty equipment involved in construction. In addition, natural disasters can slow down work, equipment may be delayed or damaged on the way to the job site, and working with hazardous materials may cause an environmental event. Discuss with clients a plan for a package designed to meet their unique needs.

railroad workers

What type of coverage do Railroad Contractors need?

Railroad Contractors should consider the following types of coverage:

  • General Liability: Covers property damage and bodily injury from third party claimants.
  • Worker's Compensation: Protects employees if they become sick or injured in an accident on the job. This will pay for medical costs and lost wages.
  • Professional Liability: Covers contractors in the event a third party takes legal action against them, alleging they provided advice or recommendations that resulted in a loss.
  • Inland Marine: Protects railroad contractors' equipment while being transported to job site.
  • Commercial Auto Coverage: Covers clients and their employees in the case of bodily injury when driving for work-related business.
  • Pollution: Covers contractor in the case of a pollution event.