Top Points To Know About General Liability Insurance For Contractors

Protection From Claims

General liability insurance protects contractors from out-of-pocket costs due to claims of bodily injury or property damage caused by business operations.

Coverage Details

Covers liabilities like bodily injury, property damage, and personal injury (libel or slander), which can arise even with careful business practices.

Who Needs It

Essential for contractors, carpenters, plumbers, handymen, electricians, masons, security companies, homebuilders, developers, renovators, and independent contractors.

Cost Factors

Costs vary by business type, experience, number of employees, location, policy details, and claims history. Clean histories often lead to lower premiums.

Comprehensive Coverage

Consider additional coverage like commercial property, business income, data breach, and workers' comp insurance for well-rounded protection.

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