How Is Contractors General Liability Insurance Different From Standard Commercial Liability Insurance?
Posted: June 19, 2020
How Is Contractors General Liability Insurance Different From Standard Commercial Liability Insurance?Any business needs general liability insurance. Contractors, subcontractors, and independent tradesmen need this type of coverage, not only to protect their business, but often as a requirement for the job. Trades that need contractors general liability insurance include construction, carpenters, plumbers, electricians, painters, and masons. What Is Standard Commercial Liability Insurance? Commercial general liability (CGL) insurance protects a business from financial loss due to liability...
What Does Contractors Insurance Not Include?
Posted: May 19, 2020
What Does Contractors Insurance Not Include?Every contractor needs a commercial general liability insurance policy to protect company assets and reduce liability risks. Commonly known as contractors insurance, a construction general liability policy can protect your contracting business against liability for injuries, accidents, and property damage. Proof of this type of insurance is required for many jobs for both contractors and subcontractors. What Kinds of Coverage Does Contractors Insurance Provide? A...
Builders Risk Insurance Vs. Contractors Insurance
Posted: February 19, 2020
Builders Risk Insurance Vs. Contractors InsuranceIf you are in the construction business, you need the right types of insurance coverage to protect yourself. You are likely to need builders risk insurance in addition to contractors insurance. Together, these two forms of coverage can protect you against certain losses. What Is Builders Risk Insurance? Builders risk insurance is designed to cover a contractor’s equipment, materials, and property related to the construction...
How To Know What Your Risks Really Are?
Posted: January 12, 2018
Business Insurance and Risk Management Trends Every business faces risks of various kinds. If you have employees you have the risk of employee injury. You most likely buy workers’ compensation to protect yourself from this risk. No owner or manager wants to believe that their business is exposed to great risks; however, many situations may expose your company to lawsuits, liability and substantial expenses. An...
Contractor’s Insurance.... We Will Help You Build A Good One
Posted: December 7, 2017
Contractor’s Insurance.... We Will Help You Build A Good OneConstruction Risks Contractor’s insurance coverage has become just as important to a contractor as it is to an architect or engineer. New methods of service delivery have created risks and exposures that need to be understood by Mississippi Contractors. Contractors have many different liability exposures when they manage a building project, sub contract work, perform or subcontract a design, modify plans, change a manufacturer’s specifications,...