Owners and Contractors Protective Liability Coverage

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Protect Your Business From Accidents

There are plenty opportunities for work-related accidents to occur in construction. There are insurance products designed for these risks associated with a construction project to be transferred. This is where BlueRock steps in and help you mitigate your liability. We have Owners Interest Policy (OIP) and Owners and Contractors Protective (OCP) Liability Coverage that can protect you, as a property owner and your business against financial liabilities in case of any accidents.

Owners and Contractors Protective (OCP) Liability Coverage

A limited type of insurance product, the Owners and Contractors Protective (OCP) Liability Coverage applies only to a single insured party - the project owner who hires the contractor. This policy is to keep the property owner protected from any liability that may arise from the operations of an independent contractor.

There are two parts of the policy to consider:

This policy protects the person or company insured only from liability associated with the contractor who is designated in the policy
The property owner is only protected from liability arising out of its acts or in the general supervision of the contractor at the located that is named in the policy

The Owners and Contractors Protective (OCP) Liability Coverage does not cover property damage or bodily injury if it takes place whether before or after the designated contractor is working on the property.

we will make a difference for you

At BlueRock Insurance Services, our brokers are dedicated to helping construction property owners from New York and New Jersey with any questions you have to help you meet your needs:

Support you with full understanding of the Owners and Contractors Protective (OCP) Liability Coverage
Assist you with the exact coverage you need to need to fit your budget and that you are well protected
Obtain the lowest price available from the multiple insurance carriers we work with for you

did you know

Owners and Contractors Protective (OCP) Liability Coverage has a number of limitations, including no excess coverage able to be purchased above it
Due to the limitations of the Owners and Contractors Protective (OCP) Liability Coverage, this may not be suitable for everyone
However, for Owners Interest Policy (OIP), excess policies can be purchased if you need to increase your current amount of coverage