Contractor’s General Liability Insurance
This insurance policy is an important part of any contractor’s business, whether they do simple renovations or building massive skyscrapers. Every contractor should have the proper insurance coverage in place in the event of something happening. We all know the work site can be very dangerous and anything can happen at a moment’s notice. So make sure when (not if) something happens you have the right amount of coverage to cover any liabilities. Even the smallest mishap on the work site can turn into thousands (if not millions) of dollars in liabilities; the team at Hockley & O’Donnell Insurance Agency can help you find out what the right amount of coverage is for your needs.
What is included with Contractor’s General Liability Insurance?
Similar to General Liability Insurance, this policy is geared more towards the specifics of contracting. Here are some operational liabilities that are included:
• Umbrella or gap coverage
• Worker’s Compensation
• Equipment damage
• Property damage liability
• Personal or bodily injury liability coverage
• Automobile renovation
• Job site liabilities such as property being constructed
• Contractor bonds
• Other specific contractor needs that may occur
Who is Contractor’s General Liability Insurance for?
No matter the nature of your business, if it has to do with contracting, building, construction or remodeling then you must have this coverage in place. Not only is it a very smart investment to be made in your business, but also it is a no-brainer to cover any liabilities that are bound to happen. Here are some common businesses that purchase this policy:
• Architect and design firms
• Investor and owners in construction firms/projects
• General contractors and sub-contractors
• Commercial/retail/residential builders and renovators
• Construction management firms
Contact Hockley & O’Donnell Insurance Agency today to get started with a free quote!