b'INSURANCElimit could be quite small: for example, $50,000, says Osborne. You want to pay attention to that limit; if IDEAS TO CONSIDER there is damage to your premises, these funds allow you to have immediate access to funds to go out and rent new space or buy new equipment, for example, What do sewer and watermain contractors needto keep your business moving.to consider about business interruption (BI) insur-ance coverage to ensure their companys viabilityBUSINESS INTERRUPTION AND AUTO and continuation in the face of a pandemic orPOLICIES: Sewer and watermain contractors with other shutdown that is forced on them?plated vehicles covered under their auto policy should consider adding a downtime endorsement According to Eric Osborne, President & CEO,to the auto policy, if they dont have this kind of Jones DesLauriers Insurance Management Inc.coverage. If a contractor is unable to access their (JDIMI), here are some ideas that sewer andvehicles, for example, due to damage on their site or watermain contractors should consider: on a site where they are working, and needs to rent vehicles, this coverage becomes critical for business Ensure the policies already in placecontinuation, says Osborne.provide sufficient protection for your specific company. CYBER INSURANCE: An important coverage that sewer and watermain contractors can buy isAvoid overlooking unique exposurescyber insurance, says Osborne. Often contractors COVID-19 brings to your company and think that they might not have a large exposure the sewer and watermain sector and theto this kind of crime, but what we are seeing right construction sector at large.now is a lot of encryption where the cyber criminals gain access and encrypt the entire IT system ofOther important coverage includes Cyber,organizations. Contractors need to think about whatPollution, Downtime to Equipment onwould happen if whole or part of their IT system was Automobile Schedule. unavailable to them to run their business.Family Values. Expert Advice. Building Bondsof Trust, since 1966.WWW.IECS.COM WWW.IECS.COMPROVIDING PRECAST SOLUTIONS SINCE 1984Operating independently with decision making authority, we provide hands on bonding and insurance solutions to help you get the job done. 1.888.673.6495mastersinsurance.comH 2 OSWCAFall 202025'