Construction and contracting companies face unique risks. Whether a sole proprietor, a small business, or a big company, the work itself can be dangerous and risky. Not only can workers get injured on the job, but you may be held liable for the workmanship and damage from errors.
General Liability Insurance
General liability insurance can help protect your business from lawsuits by providing coverage for injuries, accident, and some errors.
If someone alleges your business is the culprit when someone gets hurt or their property is damaged, general liability insurance can help prevent you from having to pay the claims out of your own pocket. Depending on the seriousness of the claim, that could mean severely restricting your cash flow, dipping into your savings, going into debt, or potentially even having to close your doors.
Other Types Of Contractor Insurance
There are other types of insurance you may want to explore. Does your business have company vehicles? Do you have an office or is all your work done at customer locations? Do you have a lot of money tied up in tools, assets, or inventory? You will want to talk to an expert insurance agency to determine your specific situation.
- Builder’s Risk Insurance
- Property Insurance
- Commercial Vehicle Insurance
- Business Owner’s Insurance
- Workers Comp Insurance
- Umbrella or Excess Liability Insurance
Different types of construction and contracting business may have very different needs. Contact Henderson Insurance Agency to help customize an insurance package for your specific needs.
Depending on your exact location, job, state, and local requirements, you may also need license bonds and/or permit bonds that have the financial backing of an insurer. You may also be required to prove you have specific types of insurance in specific amounts before you can begin a job for many business or governments.
In Harrisburg, PA, count on Henderson Insurance Agency to provide you with all the information you need about Contractor’s Insurance.