General Contractor Insurance

General Contractor Insurance

Commercial Contractor Insurance

Liability coverage helps shield your personal finances. Commercial property insurance offers financial protection for your workspace and its contents, and is often required by landlords to sign a lease. Whether you own or rent space to work from, or possess costly equipment and assets for business use such as inventory and equipment that could be stolen, damaged, or destroyed - commercial property insurance would cover repairs or replacement should anything happen to it. Whether you own or rent space to work from, or possess costly equipment and assets for business use such as inventory and equipment that could be stolen, damaged, or destroyed - commercial property insurance would cover repairs or replacement should anything happen to it.

This is covered by general liability insurance, an essential part of a contractors insurance policy. It offers contractors peace of mind by extending their liability coverage and ensuring they are adequately protected in case of large claims or lawsuits. It offers contractors peace of mind by extending their liability coverage and ensuring they are adequately protected in case of large claims or lawsuits.

By protecting your bottom line, insurance gives you the security and peace of mind to focus on your work, not worry about risks. Stay protected with contractor insurance from The Allen Thomas Group Commercial. insurance for contractors . Stay protected with contractor insurance from The Allen Thomas Group Commercial.

Avoid choosing coverage based on cost alone and work with agents who truly understand your business. It depends largely on the scenario, and practices vary by industry. It depends largely on the scenario, and practices vary by industry.

Builders Risk Insurance Quote —

Given the growing trend of employees working from home due to pandemic influenza, is your business prepared for all its potential repercussions? Without insurance, you would have to pay out of pocket to defend yourself in court and also pay for damages. Professional Liability Insurance: Also known as Errors and Omissions (E&O) insurance, this coverage is crucial for contractors who provide professional services or advice. In addition to commercial general liability insurance, independent contractors may need other types of small business insurance, including:Every state requires this coverage for vehicles that are registered to a business, or the ability to compensate someone in case of an auto accident. They could be sued for damaging client property, causing bodily injury, or advertising injury; general liability coverage helps cover legal fees and damages from any lawsuits that might arise against them.
 They could be sued for damaging client property, causing bodily injury, or advertising injury; general liability coverage helps cover legal fees and damages from any lawsuits that might arise against them.


Contractors should work closely with their legal team to explore settlement options that align with their best interests.3. General liability insurance costs an average of $42 per month for The Allen Thomas Group customers. Here you’ll find easy explanations for all your questions about coverages, pricing, and more. Skilled negotiation can help contractors reach favorable settlements, avoiding lengthy and costly court proceedings. Skilled negotiation can help contractors reach favorable settlements, avoiding lengthy and costly court proceedings.

Bid Bonds verify you can fulfill a project if awarded a contract based on your initial quote. Firstly, they should ensure that the provider specializes in contractor liability insurance and has a strong reputation in the industry. Workers' compensation insurance covers medical costs and lost wages from work-related injuries and illnesses. But it can also include other coverages like commercial auto, workers’ compensation and business owners policies. But it can also include other coverages like commercial auto, workers’ compensation and business owners policies.

Therefore, it is crucial for contractors to secure comprehensive liability insurance coverage to protect themselves and their clients from potential accidents and injuries. The additional insured can receive coverage for lawyers’ fees, court costs, and settlements or judgments. In most cases, independent and self-employed contractors aren’t required to carry workers’ compensation insurance. Running a contracting business comes with many risks that can lead to expensive claims, lawsuits, or losses. Running a contracting business comes with many risks that can lead to expensive claims, lawsuits, or losses.

Electrical Contractor Insurance Cost

A roofing contractor, for instance, might face risks that an HVAC technician doesn't and vice versa; hence you could expect their rates to vary accordingly.
 Your loss history - frequent past claims will drive up rates. Your loss history - frequent past claims will drive up rates.

Electrical Contractor Insurance Cost
Workers Compensation Insurance For Contractors

Workers Compensation Insurance For Contractors

Payment Bonds ensure you will pay all suppliers and subcontractors. As a contractor, your business is your livelihood. From general liability to workers' comp to builder's risk, contractors need several types of insurance. From general liability to workers' comp to builder's risk, contractors need several types of insurance.

Insurance helps cover losses so you can keep your good name. Specific details, limits or services may not be available to every business in all states; all coverages are subject to their terms, provisions, exclusions and conditions outlined within a policy or endorsement and any associated endorsements. Specific details, limits or services may not be available to every business in all states; all coverages are subject to their terms, provisions, exclusions and conditions outlined within a policy or endorsement and any associated endorsements.

Common trades that need contractors insurance include:It’s always good to have insurance in case of mishaps, even if you don’t contractually need coverage. At The Allen Thomas Group, we understand the unique risks contractors face and provide customized insurance solutions to keep your business safe. At The Allen Thomas Group, we understand the unique risks contractors face and provide customized insurance solutions to keep your business safe.

Unlearn six ways contractors can effectively manage their cost of risk to improve their bottom line, reputation and worker safety. This guide will provide an overview of essential coverages, insurance costs, and tips for choosing the best insurance agency for your contracting business. This guide will provide an overview of essential coverages, insurance costs, and tips for choosing the best insurance agency for your contracting business.

Workers Comp Insurance For Contractors

These documents serve as crucial evidence in case of legal disputes, helping contractors establish their position and protect their rights. General contractors have unique risks. Protection for fixed property under construction and equipment used during the process - be it in transit, storage or on site. Coverage for certain third-party lawsuits. Coverage for certain third-party lawsuits.

Without it, they could be held liable if something were to go wrong during work related activities and lead to claims being brought against them for potential wrongdoings or accidents caused by you and/or your work. As a contractor, you need several types of insurance for full protection. If you own or rent a workspace, or if you have expensive equipment, inventory, and other business assets, commercial property insurance would help pay for the repair or replacement if your business property is stolen, damaged, or destroyed. If you own or rent a workspace, or if you have expensive equipment, inventory, and other business assets, commercial property insurance would help pay for the repair or replacement if your business property is stolen, damaged, or destroyed.

Business investments - Your tools, equipment, offices and other business assets represent a significant investment. In this article, we will explore the different types of coverage available, the importance of liability insurance, and how to navigate legal claims and litigation. Our experienced team at The Allen Thomas Group stays on top of your state's evolving laws and requirements to keep your business fully compliant and protected. - Legally required in most states- Transfers responsibility for job-related employee injuries - Includes legal defense against worker negligence claimsYour company's vehicles are on the road daily traveling between jobs, hauling equipment and shuttling staff. Our experienced team at The Allen Thomas Group stays on top of your state's evolving laws and requirements to keep your business fully compliant and protected. - Legally required in most states- Transfers responsibility for job-related employee injuries - Includes legal defense against worker negligence claimsYour company's vehicles are on the road daily traveling between jobs, hauling equipment and shuttling staff.

Coverage for collisions, vandalism, natural disasters and theft is also included. Legal Defense: Contractors need to have a solid legal defense strategy in place to protect themselves from potential liabilities. Our experts make the process smooth and worry-free so you can continue growing your business. Our experts make the process smooth and worry-free so you can continue growing your business.

Workers Comp Insurance For Contractors
Builders Risk Ins For Contractors
Builders Risk Ins For Contractors
A 1099 worker hired for a photo shoot could face copyright infringement while remodeling contractors risk potentially injuring homeowners during work. Provide organizations of all sizes with coverage against data breaches and other fast-evolving cyber risks.
 Provide organizations of all sizes with coverage against data breaches and other fast-evolving cyber risks.


It protects your small business from the high costs of lawsuits and helps you qualify for leases and contracts. It protects your small business from the high costs of lawsuits and helps you qualify for leases and contracts.

Coverage Options AvailableContractors have various coverage options available to protect themselves against accidents and injuries. Coverage Options AvailableContractors have various coverage options available to protect themselves against accidents and injuries.

With The Allen Thomas Group as your partner, you can focus on your work knowing you are fully protected. With The Allen Thomas Group as your partner, you can focus on your work knowing you are fully protected.

Construction Insurance Bond
Those who offer professional advice and services buy this coverage in case a client accuses them of making a mistake, missing a deadline, or failing to deliver on a contract. Keep your fleet and business driving forward with customized coverage from our commercial auto insurance experts. It protects contractors from legal and financial liabilities arising from accidents or injuries that occur on the job site.2. It protects contractors from legal and financial liabilities arising from accidents or injuries that occur on the job site.2.

It is advisable to seek recommendations from other contractors or industry professionals to identify reputable insurance providers who offer comprehensive liability coverage. While insurance is an expense, it's the most vital investment you'll make to protect your business. While insurance is an expense, it's the most vital investment you'll make to protect your business.

That’s why our insurance experts will work with you to customize a policy just for your business, so you only pay for the coverages you need. A 1099 worker hired for a photo shoot faces significantly different risks than one hired to remodel a bathroom. A 1099 worker hired for a photo shoot faces significantly different risks than one hired to remodel a bathroom.

Importance of Liability InsuranceLiability insurance plays a vital role in safeguarding businesses and individuals by providing protection against accidents and injuries. Being accused of negligence by an injured worker can also quickly generate a draining lawsuit. Being accused of negligence by an injured worker can also quickly generate a draining lawsuit.

Self Contractor Insurance

Construction Insurance Bond

Check our other pages :

Frequently Asked Questions

Professional liability policies fall into two broad categories, claims-made and occurrence coverages. Claims-made policies cover any incidents in which a policy was in force at the time of an event and lawsuit, while an occurrence policy will cover any incidents while the policy was active that qualify for coverage under that particular policy.

Professional liability insurance protects businesses when employees make mistakes in providing professional services to customers or clients, also known as errors and omissions insurance (E&O). Even though you're an expert at what you do, mistakes still happen!

Although all-risk policies offer comprehensive protection, they don't always include everything. Most policies don't pay out for damages caused by termites, wear and tear, sewer backups, floods or earthquakes as well as paying to remove mold or repair your foundation.

General, professional and employer liabilities are the three major forms of liability protection available today.

Policies typically feature deductibles ranging from $1,000 to $25,000. Your premium costs depend upon both the size and risk profile of your business, with smaller operations usually needing lower premiums due to lower risk exposure.

"All risk" refers to an umbrella form of coverage which automatically protects any risk that the contract does not specifically exclude; for instance, homeowner policies with all-risk policies typically provide flood damage coverage as part of their all risk package.