Construction Insurance & Bonding

Covering Residential or Commercial Contractors… 

At Western States Insurance Group, we understand the challenges and risks of the construction industry. Whether you’re building custom homes in Clovis, NM, managing large-scale commercial projects in Lubbock, TX, or working on infrastructure developments in Lovington, NM, you need protection that allows you to focus on what you do best—building for the future.

Comprehensive Construction Insurance

Our tailored construction insurance solutions help protect your business from unexpected events, keeping your projects on track and your reputation intact. Coverage options include:

  • General Liability Insurance: Shields your business from third-party claims for injuries or property damage.

  • Builder’s Risk Insurance: Covers materials, equipment, and the structure under construction against damage or loss.

  • Workers’ Compensation: Ensures your employees are protected in case of job-related injuries or illnesses.

  • Commercial Auto Insurance: Protects your vehicles used on job sites or for business operations.

  • Equipment and Tool Coverage: Safeguards the tools and heavy equipment essential to your projects.

Construction bonds serve as protection for owners and general contractors from defaults.

Bonding

Bonds also provide the assurance necessary for construction projects, contracts and their subsequent obligations, both large and small. We help advise you on key issues including indemnity, rates, capacity and business continuity planning. Through our underwriting and brokerage experience, we offer surety bonds for contractors that provide a guarantee for the performance and payment obligations of your next construction project.

Types of Bonds:

  • Guaranteed if the contractor is a low bidder and awarded the job, he/she/they will enter into a contract and provide the necessary performance and payment bonds.

  • The surety entity is obligated to the obligee to ensure performance of the contract in accordance with the contract terms and specifications.

  • A notary bond is a three-party obligation. The bonding company guarantees to the State’s office that it will pay, on behalf of a commissioned notary, any losses incurred by the public up to $10,000 during the notary’s commission term.

  • A contract between three parties—the principal (you), the surety (us) and the obligee (the entity requiring the bond)—in which the surety financially guarantees to an obligee that the principal will act in accordance with the terms established by the bond.