Construction And Liability Insurance

However, they may decide to add you, depending on the situation. Tools, equipment, and materials coverage - Insures business tools, equipment, supplies/inventory for loss or damage at the job site or in transit. State regulations sometimes require independent contractors in certain industries, such as construction, to carry general liability coverage. It protects against claims of negligence, errors, or omissions that may result in financial loss for clients. Different insurance policies offer various types of coverage to cater to the specific needs of contractors, ensuring comprehensive protection against potential risks and liabilities. Different insurance policies offer various types of coverage to cater to the specific needs of contractors, ensuring comprehensive protection against potential risks and liabilities.

Protect Your Livelihood: Work with Insurance ExpertsAs a fellow contractor, I know how grueling and risky our work can be. S.- Custom packages and bundled pricing to maximize savings- Complimentary annual policy reviews to ensure adequate, up-to-date coverage- Quick quote turnaround so you can win bids and take on projects- Top carrier relationships for coverage at competitive rates- In-house claims team for responsive, hands-on assistance- Risk management guidance to proactively avoid claims Operating a successful contracting business today means being vigilant against an ever-growing set of risks and liabilities. It covers the costs of medical expenses, property damage, and legal fees that may arise from such incidents. Protect against things like lawsuits and other liabilities with contractors insurance through The Allen Thomas Group . Protect against things like lawsuits and other liabilities with contractors insurance through The Allen Thomas Group .

We pride ourselves on service with a 97% client retention rate. Employee injuries - Workers' comp insurance is mandatory in most states to cover medical bills and lost wages for injured employees. Surety bonds - Types like license & permit bonds guarantee you'll comply with laws and complete projects per contract terms. Yet we share an entrepreneurial spirit, passion for quality workmanship, and commitment to building safe, beautiful structures. Yet we share an entrepreneurial spirit, passion for quality workmanship, and commitment to building safe, beautiful structures.

Failing to carry Workers' Comp can lead to large fines or criminal charges. They often include general liability insurance, which covers your business if you’re liable for injuring people, damaging property or other situations. Property damage insurance is a vital coverage that contractors should have to protect against potential damages to the property they are working on. Artisans & Service Contractor Insurance protects against:
This information provides only a general outline of available types of business insurance and should not be considered a contract. Artisans & Service Contractor Insurance protects against:
This information provides only a general outline of available types of business insurance and should not be considered a contract.

A commercial auto policy provides protection for vehicles used for work or to transport tools and other contractor materials. People who work for themselves without employees generally aren't required to carry workers' comp insurance, but it would still be wise to purchase coverage as health insurers may deny claims related to work-related injuries and could leave you facing costly medical expenses and lost income while you can't work. People who work for themselves without employees generally aren't required to carry workers' comp insurance, but it would still be wise to purchase coverage as health insurers may deny claims related to work-related injuries and could leave you facing costly medical expenses and lost income while you can't work.

A certificate holder typically carries their coverages alone while additional insureds can also be listed on it.
 A certificate holder typically carries their coverages alone while additional insureds can also be listed on it.


A certificate holder is simply the business or contractor that carries the coverages as described on the certificate of insurance.  A certificate holder is simply the business or contractor that carries the coverages as described on the certificate of insurance. 

Professional advisors who offer advice or services typically purchase this protection just in case a client accuses them of mistakes, missed deadlines, or failing to deliver their contracts as contracted. Professional advisors who offer advice or services typically purchase this protection just in case a client accuses them of mistakes, missed deadlines, or failing to deliver their contracts as contracted.

Your clients can add you as an additional insured to their general liability policy, providing coverage throughout any job or longer - including multiple contractors if appropriate. Some independent contractors are required to have this coverage to work in riskier professions, such as roofing and building trades. Contractors face unique and often dangerous risks everyday on the job. A business can add multiple contractors to its general liability policy. A business can add multiple contractors to its general liability policy.

Other factors affecting contractors insurance costs are employees, coverage needs, vehicles, location and claims history. Protecting Your Contracting Business with the Right Insurance CoverageOperating a contracting or construction business comes with many risks and liabilities. Business owners and independent contractors can add business owners as additional insureds on their commercial general liability policies, or vice versa. Business owners and independent contractors can add business owners as additional insureds on their commercial general liability policies, or vice versa.

Umbrella insurance boosts your liability limits. From custom policies designed specifically to fit individual responsibilities and exposures to policies tailored for public or non-profit institutions and financial institutions.
 Therefore, you could expect their rates to differ. Therefore, you could expect their rates to differ.

Here are three key aspects that contractors should consider when dealing with legal claims and litigation:1.  One of the key components affecting contractors insurance costs is your specific trade's nature of work. Business income - Covers income lost due to suspended operations from a covered loss. Business income - Covers income lost due to suspended operations from a covered loss.