Got Insurance? Find Out Why It’s a Good Idea for Contractors to Invest in General Liability Coverage

By July 13, 2017Archive
Got Insurance? Find Out Why It’s a Good Idea for Contractors to Invest in General Liability Coverage

As an independent contractor, you’re responsible for yourself. You must ensure you have the tools you need to keep you safe while on the job. While taking necessary safety precautions can help minimize professional risks, it’s important you invest in the right insurance to protect yourself.

What Are the Benefits of General Liability Coverage?

  • Getting the Job.

When on the job many employers and clients will require you to have the necessary insurance coverage. If there’s an issue with your work, they risk a lawsuit if you’re not properly covered. Investing in a general liability policy will give you protection to cover legal issues, making you more employable.

  • Meeting State Requirements.

Not only do employers and clients want you to obtain general liability insurance, but the state often requires it. Depending on the state and industry regulations, you must meet the minimum requirements to conduct business. When it comes to contractors, this usually translates to acquiring general liability insurance.

  • Protection from Lawsuits.

As a general contractor, you’re looking out for yourself when you invest in liability insurance. In the event of a lawsuit, you would have to pay out of pocket for legal fee, which can add up quickly. General liability coverage gives you the benefits that you need to offset those costs, protecting your personal assets and your business.

How Can I Obtain General Liability Coverage?

Whether you’re added onto another contractor’s policy as an “additional insured” or you purchase your own policy, there are several options when it comes to acquiring coverage. Set up an appointment with us to discuss the best option for your business.

Invest in the right general liability insurance so that you can rest easy knowing that you’re well protected. Contact us at Contractors Insurance Agency for all your commercial insurance coverage needs.

//Function generates a current year and adds language for copyright notice. var currentYear = function() { var d = new Date(); var n = d.getFullYear(); document.querySelector(".copyright-text").innerHTML = '© Copyright ' + n + ' Contractors Insurance Agency'; }// ~end copyright currentYear();