Contractors Insurance

What is Contractor Insurance?

Just like any business owner, independent contractors need the right insurance to protect themselves financially. The specific types of insurance you need will depend on the nature of your work.

Who Needs Contractor Insurance?

This coverage is essential for a wide range of professionals, including:

• Construction Contractors: (e.g., general contractors, electricians, plumbers, carpenters)
• Creative Professionals: (e.g., freelance writers, editors, graphic designers)
• Home Services: (e.g., house cleaners, carpet cleaners, handymen)
• Professional Services: (e.g., accountants, financial planners, consultants)

Why is Contractor Insurance Important?

• Protects Your Assets: Covers potential losses from accidents, lawsuits, and property damage.
• Meets Legal and Contractual Requirements: Many clients require proof of insurance before awarding contracts.
• Provides Peace of Mind: Allows you to focus on your work without the constant worry of unexpected financial risks.

Key Types of Contractor Insurance:

• General Liability: Protects against claims of bodily injury, property damage, and personal injury to third parties.
• Professional Liability (E&O): Covers errors and omissions in your professional services, protecting you from lawsuits filed by clients.
• Commercial Auto: Insures vehicles used for business purposes, including company-owned vehicles and those owned by employees.
• Workers' Compensation: (May be required depending on your state and number of employees) Covers medical expenses and lost wages for employees injured on the job.
• Builder's Risk: (For construction contractors) Protects your work-in-progress from damage during construction.

Don't Wait Until It's Too Late.

Protect your business and your future. Contact us today for a free consultation and a personalized quote.