5 Reasons to Only Hire Contractors with General Liability Insurance ; How is a Contractor Bond Different from General Liability Insurance? ; Contractor’s General Liability Insurance
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Categories : Default, Recent Posts : 5 Reasons to Only Hire Contractors with General Liability Insurance · How is a Contractor Bond Different from General Liability Insurance? · Contractor’s General Liability Insurance
A good number of contractors mostly confuse contractor bonds and liability insurance. Potential clients need contractors to uphold a certain standard. The two are very popular and might seem alike,...
Categories : Default, Recent Posts : 5 Reasons to Only Hire Contractors with General Liability Insurance · How is a Contractor Bond Different from General Liability Insurance? · Contractor’s General Liability Insurance
, General liability insurance ; Definition, Insurance that protects contractors against claims that their work led to bodily injury or property damage. Most policies also cover libel, copyright infringement, and slander. ; Type, Third-party ; Coverage, Attorney fees, court costs, settlements, and judgments for covered claims made during the coverage period, typically including completed operations ; Add-ons, Some policies allow for extensions that include equipment, data breaches, and credit monitoring ; Exclusions, Does not cover employee injuries, errors and omissions, and pollution ; Cost, Varies according to risk profile, claim history, geographical region, desired coverage limits, and business revenue
Categories : Default, Recent Posts : 5 Reasons to Only Hire Contractors with General Liability Insurance · How is a Contractor Bond Different from General Liability Insurance? · Contractor’s General Liability Insurance