Contractors Insurance

What Is Contractors Insurance?

There are several different types of contractors’ insurance, including general liability, professional liability, and product liability. It is important to choose the right coverage for your business and to make sure that you are fully protected.

Insurance Policies Tailored For Builders

Contractors insurance is important for anyone who owns or operates a business. This type of insurance protects you from liability in the event that someone is injured or their property is damaged while on your property. Contractors insurance also covers you in the event that you are sued for malpractice or negligence.

This type of insurance is especially important for contractors, as they often work on multiple projects at a time and have a higher risk of being sued. Contractors insurance can also help protect your business assets in the event of a lawsuit.

No matter what type of business you have or how big it is, having proper Contractors Insurance can protect everything you’ve worked so hard to achieve. Contractors Insurance covers more than just injuries occurring offsite—it also protects against liability claims on-site as well.

Build On The Right Coverage

There are a number of different sorts of contractors who may require insurance, such as General Contractors, Sub Contractors, Carpenters, and Design and Build Companies. Contractors insurance is a must for any business that operates on or near other people’s property. Make sure your business is fully protected by getting the right contractor’s insurance policy today.

What Is Covered By Contractors Insurance?

General Liability

Contractors general liability insurance will protect your business from lawsuits for property damage or bodily injuries that occur during construction of your project. This is very important for subcontractors, who often do not carry enough insurance to cover their own work site activity. Contractors liability insurance can also protect you in the event that there are any defects in your building when it goes up for sale, or when someone leases space from you by providing legal defense and indemnity against claims arising from such things as faulty workmanship.

Professional Liability

Contractors professional liability insurance protects you from financial losses in the event that a client sues you for negligence or errors and omissions. This type of policy can provide you with legal defense and pay for damages awarded to the client, up to the policy limit. Contractors professional liability insurance is important for design professionals, builders, and anyone who provides consulting services.

Builder’s Risk Insurance

When you build a new structure, there is a potential risk involved in the project, which is why it is important to consider builders risk insurance or course of construction. Contractors insurance can provide coverage throughout all stages of construction including design, planning, and building. This type of policy provides coverage for contractors at all times that a structure is being constructed or repaired. Contractors insurance can pay for any damage to property resulting from your work on the project.

Commercial Auto

Contractors insurance is also important for commercial vehicles. If you use your vehicle for business purposes, you need commercial auto insurance. This type of policy covers you in the event that your vehicle is damaged or involved in an accident while being used for business purposes. Commercial auto insurance can also provide coverage for liability in the event that someone is injured or their property is damaged as a result of your vehicle.

What Is The Cost of Contractors Insurance?

The cost of Contractors Insurance will vary depending on a variety of factors, including the size and kind of your business, the number of years you have been in operation, and your previous claim history. The best way to get an accurate quote of the cost of coverage is to get a quote tailored to your specific business needs.

Since every contractor is different and all have different requirements and scope of work, it is important to understand your working details before getting a quote. But rest assured, we have close relationship with all our insurance providers and will get you the best possible quote for your business.

To get started, simply fill out our quote form online or give us a call. One of our insurance experts will be happy to help you find the right coverage for your business.

Get Your Personalized Quote Today!
Our team will be happy to discuss your insurance needs and provide full details of each policy and find the best quote for you.

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