‘Your Own’ Contractor Policy

Contractors are the lifeblood of progress across the country. We should know, we’re fortunate enough to live and work here too. Red River Mutual is owned by its policyholders, so we invite our customers to own a piece of our company by allowing us to protect yours.

Policy Features

Applicable Extensions 

Every Red River Mutual Commercial package includes an additional bundle of more than 50 extensions that provide over $1,000,000 in extra coverage to meet our customers’ unique business needs. Below are some of the key extensions we added to ‘Your Own’ Contractor Policy:

  • Conviction Reward
  • Debris Removal
  • Electronic Data Processing Equipment & Media Including Systems Breakdown
  • Exterior Building Glass
  • Exterior Paving
  • Extra Expense
  • Fire Department Expenses
  • Fire Suppression System Recharge
  • 3D Crime Coverage
    • Employee Dishonesty
    • Loss Inside the Premises
    • Loss Outside the Premises
    • Money Orders and Counterfeit Paper Currency
    • Depositors Forgery
    • Computer Theft and Funds TransferAccounts Receivable
  • ‘Green’ Environment Extension
  • Inflation Protection
  • Installation Floater
  • Land & Water Pollution Clean-up
  • Master Key / Lock Repair or Replacement
  • Mortgage Rate Guarantee
  • Newly Acquired Locations
  • Newly Acquired Property
  • Off-Premises Utilities Interruption
  • Professional Fees
  • Property in Transit
  • Removal of Windstorm Debris
  • Rental Equipment Reimbursement
  • ‘Safety Net’ Clause
  • Same Site Rebuilding Clause Deleted
  • Signs
  • Tool Floater with 5 Year Replacement Cost
  • Valuable Papers

 Consider Adding These Extras

  • Sewer Backup
  • Equipment Breakdown Coverage
  • Flood, Earthquake
  • Contractors Equipment with 5 Year Replacement Cost (if coverage is purchased)
  • GuarContractors Equipment – Ice and Muskeg Coverage.



Download — ‘Your Own’ Contractor Policy