General Contractor’s Insurance starts at a bare minimum with an affordable General Liability Insurance policy. Every Building contractor should have this type of insurance. If your business has employees you are usually required by law to have Worker’s Compensation Insurance coverage as well. Failure to have Worker’s Compensation Insurance can lead to large out-of-pocket expenses if an employee is injured on the job. It can also lead to large fines and extreme cases of criminal prosecution.
Other more specialized types of insurance coverage General Contracts may wish to obtain are Commercial Auto policies that cover vehicles used in the course of the business. Inland Marine Insurance for General Contractor’s to cover the loss of tools and equipment. Finally, Umbrella Insurance or Excess Insurance offers protection from catastrophic losses exceeding underlying General Liability Insurance.
When it comes to getting a fast and free quote for affordable General Contractor Liability Insurance, AmeriAgency.com is the best choice on the internet. Our knowledgeable agents will be able to assist you to get the coverage you need. You can have confidence that you are getting quality coverage at an affordable price when you use FarmerBrown.com for General Contracting business insurance needs.
Looking To Buy Contractor Insurance?
Being a Building Contractor is a rewarding occupation. As with any type of business, you need to have insurance coverage to protect your business. You need to remember besides your home, your business is your largest asset. Not only that, it is the way you make the money to pay your bills and support your family.
Do you really want to risk all that you worked so hard for by not having the proper General Contractor’s Insurance you need? If you keep reading there will be a few industry insider tips in the sections below that will give you new insights and also ways to save money.