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What Is Contractors Liability Insurance?
Contractors liability Insurance protects you and your team members, and your business, from unexpected financial loss. In the unfortunate case where you are held responsible for damages that occur to a third party — such as an individual, or a building property — you would be required to cover the entire cost of the injuries and damages. Having a policy will help you cover the cost of damages including potential legal defenses. For example:
Includes injury to other persons at your business or on your client’s property.
Includes damages caused to a person or business as a result of advertising.
Includes damage to the property under construction or related damages.
Includes payment of medical expenses to a person injured on the job.
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Learn more about the differences between an ocurrence based policy and a claims based policy when choosing General Liability insurance, and discover which type is best for your business.
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