What General Liability Covers for Contractors
General liability provides coverage for contractors who face third-party claims or lawsuits, including:
Bodily Injury Claims
Construction professionals know that a construction site can be a dangerous place, particularly if an untrained visitor comes to the worksite. If an accident occurred, general liability can cover injury and illness-related third-party claims, including medical costs and legal fees such as court-awarded compensation.
Property Damage Claims
General liability for contractors offers protection against the high cost of a lawsuit if someone alleges you are responsible for damage to their property. Whether you are at fault or not, defending yourself can be costly. General liability will cover the cost of investigations, legal fees, and other court related expenses if you face a property damage claim or lawsuit.
Completed Products Claims
General liability can protect contractors against claims related to services you’ve completed or products you’ve installed. Which means you can have peace-of-mind knowing that legal expenses and damages are covered for your work, even once it’s completed.
Contractor general liability insurance can prevent a small accident or mishap from becoming a large lawsuit, which may have the potential to bankrupt a small to medium sized business. General liability can even protect you from advertising and personal injury claims that arise from your efforts to expand your business.
Contractor general liability offers a solid foundation of protection on which you can build your business, safe from worries that one small accident or incident could demolish everything you’ve worked for.
How Much Does Contractor General Liability Insurance Cost?
Insurance carriers look at a number of factors when determining the cost of your general liability coverage. Many contractors pay less than $100 a month for their coverage. Policy prices will vary, but some of the things that may influence your insurance costs include:
- Size of your business
- Number of employees
- Time in business
- Previous claims
- Business location
- Policy details (coverage limits and deductibles)
- Your contractor classification code
- Types of construction services offered
The easiest way to get an accurate estimate of how much general liability will cost is to request a free online quote! Our team of contractor insurance professionals will help you find the right coverage at a price that works for your budget.
Learn More About General Liability for Contractors
What Does Contractor General Liability Insurance Cover?
5 Common Contractor Insurance Claims
Are Subcontractors Covered Under Your Contractor Insurance?
Contractor Insurance Dos and Don'ts
What Kind of Contractor Insurance Do You Need?
Get Contractor General Liability Coverage Today
Aegis Insurance Markets helps contractors and construction professionals cover their business with general liability insurance and other lines of construction insurance and contractor surety bonds. We will work with you to find the right policies for your needs. We specialize in contractor insurance, and have access to a variety of insurance companies to provide a custom solution for your construction business within your budget. Call us today at (800) 579-6369 or complete the below for a free quote, and we will take care of the rest. Or follow this link to get a quote now!