The Importance of Contractor’s Insurance
Contractor’s insurance, also known as contractor’s liability insurance, is required by law in most states for those acting in capacity as a contractor. If you’re a contractor, you know that sometimes a project just seems to go wrong. Your contractor’s insurance policy can protect you against any claims made against you by one of your clients. These claims can sometimes be substantial, and may involve legal costs even if you’re ultimately found not responsible.
Your contractor’s insurance may also be able to help you if you have others under your employment. One of your workers could get injured on a job or could inadvertently cause injury to one of your clients. In this situation, your liability insurance may be able to cover any applicable claims of damage.
There are different types of contractor’s insurance available depending on your industry. Whether you’re a general contractor, a painter or a builder, you should be able to find the coverage you need to protect your business. An insurance agent can help you determine how much coverage you need.
For more information about the importance of contractor’s insurance contact the experts at Little and Sons Insurance, with offices in Beaumont and Banning. You can get a quote today!