The Importance of Contractors Insurance
Work accidents happen, it`s a fact. Protecting yourself and your business with contractor’s insurance is one of the many steps in getting a job successfully done. Here at C.H. Edwards, our commercial lines specialists help businesses customize a contractor’s insurance solution that is right for their business. Whether its small, midsize or a large commercial construction projects, we are sure to do it all.
So you might be thinking, well who needs contractor’s insurance. We have the answer for you. “General contractors, contractors, and subcontractors are commonly required to carry contractor’s insurance by the various laws and businesses they work for.” This is very important especially with the summer being known for an increase in construction.
There are a few things that you need to have in place to make sure you are covered. “Commercial General liability insurance, or CGL, is a fundamental part of a contractor’s insurance program. It provides protection for third party Bodily Injury and Property Damage. We here at C.H. Edwards understand that each contractor has its own set of exposures. We help put the best program together based on the Contractor’s Operations.
Some other additional insurance coverage you may need or consider are the following:
• Commercial Umbrella or Excess Liability
• Disability Coverage
• Workers Compensation
• Commercial Automobile
• Property Coverage
• Inland Marine (Contractors Equipment Coverage, Builder’s Risk, Installation Floater)
• Contractors Pollution Liability
When getting contractors insurance, there is many ways you can get the perfect package
Having the right coverage is crucial to your business and we are here to help you with all of your needs.
Written by: Sandra Costanzo
