Contractor's insurance is typically a package of other insurance policies to protect your company from any financial losses in any claims against you. Most contracting companies have general liability and workers comp insurance, but sometimes it is important to have the whole package.
The contractor's insurance covers general liability, worker's comp, builder's risk, and professional liability insurance.
General liability insurance covers any lawsuits or claims against your company for bodily injury, property damage, personal injury, etc.
Worker's compensation insurance covers any medical bills and lost wages for employees who are injured on the job.
Builder's risk insurance covers any damages to a property in construction or renovation due to weather events, vandalism, or other hazards.
Professional liability insurance protects your company from negligence claims, errors, and omissions.
Contractor's insurance is an essential part of any contracting business. It protects your company from any financial losses that may occur in the event of a lawsuit or claim against you. Make sure you have the right coverage for your business by talking to an insurance agent today.
Have a question about carriers, insurance or fitness coverage? We're happy to help.
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