Insurance for General Contractors
Any contractor knows that there are plenty of risks when on the job. Whether it’s damage to the property you’re working on or your employees’ safety, Contractor Insurance is a must-have when it comes to your business.
Contractor Insurance covers business liability exposures such as injuries or damage to a client’s property for which your business is responsible. This is covered by general liability insurance, an essential part of a Contractor Insurance policy. Contractor Insurance can also extend to cover your business’s vehicles and employees, depending on the coverages selected.
Your basic coverages can include General Liability and Commercial Auto coverage. In most cases it is required to have general liability before you can begin work on a job. It can cover you if your business is liable for things like injuring people, damaging property, or faulty work. Protection for your business vehicles is also important because it can cover not only your vehicles, but attached equipment such as toolboxes and ladder racks as well.
If you want extra protection, there are other coverages that can be added to your policy. Common additions to your Contractor Insurance can include a Business Owners Policy and/or Worker’s Compensation. A B.O.P. can package liability and coverage for personal property and commercial buildings under one policy. Worker’s Comp protects you if your employees become ill or injured at work.
Who needs it?
Many businesses and employers require Contractor Insurance before you can begin any work. Common trades that need Contractor Insurance include:
- Construction
- Carpenter
- Electrician
- Handyman
- HVAC
- Landscaper
- Mason
- Painter
- Plumber
Get a FREE quote today!
While some companies offer a “one-size-fits-all” Contractor Insurance policy, we know every business is unique. That’s why we’ll work with you to customize a policy just for your business, so you only pay for coverages you need.
