Contractor’s General Liability Insurance

This insurance offers a safety net against claims related to bodily injuries, property damage, and even advertising injuries that your business operations might inadvertently cause. For example, if a passerby trips over your construction equipment and sustains injuries, or if your work accidentally causes damage to a neighboring property, Contractor’s General Liability Insurance can cover the associated costs, including legal defense fees, if necessary.

Many clients, especially in significant projects, require contractors to have this insurance before signing contracts. It’s a mark of professionalism and reassures clients that your business is prepared to handle unforeseen incidents responsibly.

Accidents can lead to substantial financial losses, potentially jeopardizing the financial stability of your business. This insurance helps ensure that a single incident doesn’t lead to financial ruin, providing you and your stakeholders with peace of mind.

The beauty of Contractor’s General Liability Insurance lies in its adaptability. Coverage can be tailored to fit the unique risks associated with various construction activities and specialties, from residential to commercial projects, ensuring that your insurance policy meets the specific needs of your business.

For Small Enterprises: Small contractors might not have the financial reserves to cover expensive claims out-of-pocket. This insurance becomes an essential tool in managing risks, allowing small businesses to compete with confidence alongside larger firms.

For Large Organizations: Large construction firms face risks at a larger scale, possibly involving multiple projects and higher stakes. Contractor’s General Liability Insurance offers the broad coverage needed to protect against a wide range of incidents, facilitating smooth operations across various sites.

Small business owners are not exempt from the risk of a cyberattack. The loss of customer data is a financial disaster, and with cyber incursions becoming more common, and hitting even the largest companies, from banks to retails to online giants with extensive security, it is well worth ensuring your business has adequate cyber insurance.

If you own a business, you need business insurance. No matter how unconventional your enterprise is, be assured, you have some exposure to risk. The following are unconventional businesses that still need insurance.

No business owner wants to have injured an injured employee. Reducing the risk of accidents and injuries is a critical aspect of good management, in every industry. Employees who have been trained with customized worker safety programs are far less likely to be injured when performing the duties of employment – and file a claim with your workers’ compensation insurance provider. Every claim filed with your insurance provider will lead to increased premium costs, and in some industries, may lead to OSHA fines for violations of workplace safety standards.