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9 Types of Insurance You Need to Protect Your Contractor Business

Construction Marketing

Between the potential for accidents and injuries on the job site and the risk of lawsuits, it’s important to have insurance to protect yourself from financial losses, but what kind of insurance do you need? This type of coverage will protect your company from various liabilities , including injury claims, and cover medical expenses.

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A Plumbing Contractor’s Guide to Insurance Coverage

Levelset

Plumbing contractor’s insurance may help your business stay afloat if accidents or injuries occur on the job. In this respect, general liability insurance or workers’ compensation could help cover those costs if an incident should occur. . Worker injury. What is plumber’s insurance? How do I get plumbing insurance?

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Construction Site Fall Protection Made Simple

Pro Builder

If a worker slips off the edge of a roof or wall, those nails or screws won’t keep them from falling all of the way to the ground, causing injury or even death. 1 cause of injury and death on construction jobsites. 1 cause of injury and death on construction jobsites. Lower Workers' Compensation Costs by Having a Plan.

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Carpenter’s Insurance: Who Needs It & Why

Levelset

You can practice safety and use common sense on the job, but there’s no way to predict when accidents or injuries might occur. Carpenter’s insurance is a financial instrument that helps protect your business if accidents, injuries, or illnesses occur in a work-related capacity. What is carpenter insurance?

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Difference Between Tort and Contract | What Is Tort |  What Is Contract | What Is Contract Law | What Is Tort Law

CivilJungle

It will embrace intentional infliction of emotional distress, negligence, money losses, injuries, invasion of privacy, and so on. In torts, the limitation amount can run from the time the injury was done whereas, in contract, the amount runs from the day date the contract was broken. Limitation Amount. Negligence. Strict Liability. #1.

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Insurance for HVAC Contractors: What It Covers and Why You Need It

Levelset

Heating, ventilation, and air conditioning (HVAC) contractors must protect their business property while reducing the odds that a job-related accident or injury could financially harm their business. Business owners policy : This policy includes the foundation of property and liability coverages referred to thus far.

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Does GC Insurance Cover Subcontractors?

Levelset

A general liability insurance policy protects the policyholder from claims of property damage or bodily injury caused by the contractor or its employees. For example, if a plumbing contractor accidentally damages the foundation of the building they’re working on, their general liability insurance policy will likely cover it.