Contractor Insurance to Protect Yourself and Your Business
Shield Insurance Blog | Contractor Insurance | Business Insurance |
As a contractor, you know that your job comes with a certain level of risk. Whether you’re working on a construction site or in someone’s home, accidents can happen. That’s why it’s important to have the right insurance coverage to protect yourself and your business. In this blog post, we’ll explore the different types of contractor insurance and why they’re important.
What is General Liability Coverage for Contractor Insurance?
General liability insurance for contractors is a type of insurance that provides coverage for bodily injury, property damage, and personal injury claims that may arise from your work as a contractor. This type of insurance is designed to protect you from financial loss if you’re found liable for damages or injuries caused by your work.
What Does Liability Contractor Insurance Cover?
Contractor liability insurance typically covers the following:
- Bodily injury: If someone is injured on the job site or as a result of your work, your liability insurance will cover their medical expenses and any other damages they may be entitled to.
- Property damage: If you damage someone’s property while working on a job, your liability insurance will cover the cost of repairs or replacement.
- Personal injury: If you’re accused of slander, libel, or other types of personal injury, your liability insurance will cover the cost of legal fees and any damages awarded to the plaintiff.
How does business insurance for contractors work?
Business insurance for contractors is a type of insurance that provides coverage for a wide range of risks that your business may face. This type of insurance is designed to protect your business from financial loss if something goes wrong.
What does business insurance for contractors cover?
Business insurance for contractors typically covers the following:
- Property damage: If your business property is damaged or destroyed, your insurance will cover the cost of repairs or replacement.
- Business interruption: If your business is forced to shut down due to a covered event, your insurance will cover the lost income and expenses.
- Workers’ compensation: If one of your employees is injured on the job, your insurance will cover their medical expenses and lost wages.
- Professional liability: If you’re accused of professional negligence or errors and omissions, your insurance will cover the cost of legal fees and any damages awarded to the plaintiff.
Who needs Liability Construction Insurance?
If you’re a contractor, you need construction liability insurance. This type of insurance is essential for protecting your business from financial loss if something goes wrong on the job site. Even if you’re a small contractor, the cost of a lawsuit or damages can be devastating to your business. That’s why it’s important to have the right insurance coverage in place.
Affordable Contractor Insurance Protection with Shield Insurance Agency
At Shield Insurance Agency, we understand the unique risks that contractors face. That’s why we offer a wide range of insurance products designed specifically for contractors. We represent over 40 insurance companies, which means we can find the right coverage at an affordable price.
Contact Shield Insurance Agency at (616) 896-4600 for a free quote today or start the quoting process by visiting this LINK and an agent will be in touch soon. We’ll work with you to understand your business and find the right insurance coverage to protect your business from financial loss. Don’t wait until it’s too late – contact us today to get started.
