The Benefits of Contractor’s Insurance
A Contractor’s Insurance policy will help protect your business from devastating financial debts resulting from work-related accidents.
Who needs Contractor’s Insurance?
Contractors, subcontractors, and independent tradespeople should carry commercial insurance. It not only protects your business, but it’s often a requirement by many employers before you can start working for them.
Contractor’s insurance usually covers business liability exposures, such as injuries or damage to a client’s property for which your business is responsible. These liability exposures are covered by general liability insurance, an essential part of a contractor’s insurance policy.
Common trades that need Contractor’s Insurance include:
Construction, Carpenter, Plumber, Electrician, Landscaper, Painter, Handyman, Heating & Air, Floor Installation, Pressure Washer, Mason, Floor Installation, and more.
Customizing a quote to match your specific business or trade is the only way to get an accurate rate and enough coverage. For example, a roofing contractor is exposed to risks that an HVAC technician isn’t, and vice versa. Therefore, you could expect their rates to differ.
Other factors that can affect the cost of contractor’s insurance are the number of employees, different coverage needs, and a claims history.
Rochkind Insurance serves the greater Galveston and Houston areas. Please contact us today to get a Contractor’s Insurance quote. We are here to assist you in any way. Call Rochkind Insurance today at (409) 770-9503.
