Independent Contractor Insurance Tennessee

Sep 27, 2019 (0) comment

Independent Contractor Insurance Tennessee

Independent contractors are still exposed to a lot of risks. So, it is important to be properly insured. Providers don’t offer a policy called contractors insurance. They sell individual policies, like general liability, commercial property, and builder’s risk, and you select the policies that best fit your operations. Many providers bundle contractors insurance into a business owner’s policy (BOP). That way, they can offer important coverages at a discounted rate.

Save Up to 27% in Independent Contractor Insurance Tennessee With AmeriAgency. With More Than 20 Years of Experience, We’re Sure We Can Help!

An independent contractor provides a service to another person or a business. They do not work under another party. Still, independent contractors are running a business. As a result, they must maintain the proper business insurance products.

As an independent contractor, what are the types of coverage you should consider? The coverage your business needs can differ based on the type of business and the assets owned.

In the construction sector, you might have a handful of subcontractors and independent contractors that you work with on an annual basis. If you hire independent contractors, you could be held liable for accidents they cause under your employment.

What is General Liability Insurance?

As stated, General Liability is one of the most commonly purchased types of insurance. General Liability is designed to help mitigate the liability risks that can occur as a result of third-party claims. For a contractor, these will often be claims associated with customers or clients, and will more often than not be directly related to either property damage or bodily injury.

What is Commercial Auto Insurance

Commercial auto insurance can be purchased by your contractors to protect their commute and passengers while on the job. For someone to drive your commercial vehicle, they would need to be  be named on the policy. If not, the insurance company reserves the right to withhold benefits in the event of an accident.

In addition, professional liability insurance should be carried. This is to help prevent your company from absorbing losses from potential lawsuits on their behalf.

Save Up to 27% in Independent Contractor Insurance Tennessee With AmeriAgency. With More Than 20 Years of Experience, We’re Sure We Can Help!

For more information, call us at 1-888-851-5572. If you would like to receive a fast and free quote, visit us on our webpage!

Comment (0)

Categories

Categories

Tags

Recent Comments