General Liability Insurance
Are you a contractor or construction business looking for General liability insurance? If so, our insurance team at ContractorsLiability.com is ready to answer some common questions for you and provide you with a free quote as well.
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“This is a ballpark quote and is subject to application/underwriting review. This is not an offer of insurance in any way.”
General Liability Insurance
When it comes to insurance and you are in business for yourself, General Liability Insurance is the best option to take when it comes to covering your business, your assets, and yourself.
General Liability Insurance is one of the things that ContractorsLiability.com does best. We urge contractors to consider General Liability Insurance when it comes to getting an insurance plan for their business.
General Liability insurance policies like these are required for construction in most states. Most customers will not let you start on a project without it. These policies also offer you the protection from losses if an accident should occur.
So why take the risk of not having insurance. You can can contact ContractorsLiability.com and you can get a policy that is specifically designed to protect you. General Liability Insurance is the best choice for all types of contractors, and ContractorsLiability.com can help you find a plan that fits with your needs.
What is General Liability Insurance?
General Liability Insurance covers contractors against claims made by their client and/or third parties for any damage that may have been caused by the contractor or their employee’s. Contractors understand the danger of the job. Most Contractors are conscientious about safety and their reputation. They usually will do anything within their power to protect their clients and third parties from suffering a loss. As this is all part of a running a quality company.
No matter how careful you are accidents happen. That is the reason why General Liability Insurance exists. Here are some of the types of damage that you are covered by General Liability Insurance and some examples of when you might encounter these types of damages:
- •Bodily Injury: This protect against certain claims alleging financial loss due to bodily injury arising out of your business operations or products. EXAMPLE: You are installing new flooring in a building and someone entering the building trips over a box of tiles that is left out and is injured.
•Property Damage: This covers property damage to your clients property or a third parties property. EXAMPLE: One of your employee’s is installing a new garage door and it collapses damaging a vehicle stored in the garage.
•Harm to Reputation: Helps protect your business against certain claims of false arrest, malicious prosecution, libel, slander, wrongful eviction, violation of the right of privacy and more. EXAMPLE: You use pictures of a client’s house in your promotional materials without their consent. They sue your business you have coverage.
•Advertising Mistakes: Helps protect your business from claims if others allege you infringed on their copyrights when advertising goods, products, or services in your advertising campaigns, social media or websites. EXAMPLE: You use the brand name of a product that you install after talking to the company representative over the phone. You are unaware that they require a written authorization to use their name brand on any media not provided by them.
•Medical payments: Helps cover medical costs if someone is injured on your business premises and needs medical treatment. EXAMPLE: Client comes to your office to go over some designs and falls down the stairs injuring themselves.
•Damage to premises rented to you: Helps protect your business against certain claims for damage to premises rented to you due to certain types of loss. Example: You operate a roofing company out of a building you rent. One evening one of the propane tanks you use for torch down roofing is not completely turned off. The vehicle is parked in the garage and the leaking propane causes a fire.
WHATS NOT COVERED
Here are some situations that would not be protected by general liability insurance coverage.
• Employee injuries: Workers’ compensation is the insurance you would need to protect your employees
when they are hurt on the job. EXAMPLE: You operate a painting business and an employee falls off a ladder while painting the side of a house breaking his arm. This is not covered
• Professional mistakes: Errors and Omissions Insurance or Professional Liability Insurance. EXAMPLE:
General Liability insurance coverage won’t cover a professional mistake, but professional liability will. It
insures against mishaps that may occur as you offer your opinion, service or recommendations in
• the course of business.
• Auto-related coverage: General Liability Insurance coverage does not protect you against auto accidents.
You need to obtain a separate auto policy to cover the vehicles used in your business.
• Punitive damages: General Liability Insurance policies normally do not pay for punitive damages resulting
from a lawsuit.
• Intentional acts: General Liability Insurance does not cover damages or injuries resulting from intentional
acts. EXAMPLE: An employee gets mad at customer and throws bricks through their windows, your
business liability coverage would not cover the damages if they sue.
• Your work: Referred to as the “workmanship or Warranty” exclusion. EXAMPLE: You paint a house and a
few months later the paint peels off because you used the wrong primer.
General Liability Insurance Cost
It is a little harder to calculate the exact cost of General Liability Insurance. However, at ContractorsLiability.com at we want you to feel as though your liability insurance requirements are being met, so contact us today for a free quote that takes your unique needs in to account. If you contact us we can go about completing your personalized insurance plan.
There are common factors that insurance companies use to determine insurance costs. These are the type of work being performed, the amount of revenue of the company, the number of employees, the amount of coverage requested, the State where the company is located and the prior loss history(ie. Have there been insurance claims in the past 5 years). These are the main factors in how Insurance companies determine your premium.
Why Choose ContractorsLiability.com Over Other Insurance Companies?
There are many insurance agencies out there, and you might be tempted to go with the one you see constantly advertised on the television or even one that is closer to home. However, Contractors Liability is certain that if you want the best policy, you need to work with specialized agents like ours. Along with our customer satisfaction guarantee, we:
•Work with A-rated insurance companies, to get you service that you can trust
•Provide you with customer service, tailored to your needs from a licensed insurance agent
•Create a customized General Liability Insurance policy that fits with your needs
•Provide you with the lowest price for the best coverage out of any of our competitors
For more information, contact Contractors Liability for more information or a free 5-minute quote.
It is possible to have complete coverage for your roofing business. For more information, contact ContractorsLiability.com or call us at (866) 225-1950 for a free 5-minute quote.