Contractors face risks on nearly every job site. From accidental property damage to injuries involving customers or third parties, one incident could lead to a costly lawsuit. That’s why general liability insurance for contractors is one of the most important policies a contractor can carry.
What Does Contractor Liability Insurance Cover?
General liability insurance helps protect contractors from claims involving:
- Bodily injury
- Property damage
- Personal injury
- Advertising injury
- Legal defense costs
Example:
A contractor accidentally damages a client’s hardwood floors during a renovation. Liability insurance may help cover the repair costs.
Why Contractors Need Liability Insurance
Many project owners, property managers, and general contractors require proof of liability insurance before allowing contractors to work on a project.
This proof is usually provided through a Certificate of Liability Insurance (COI).
Without liability insurance, contractors may lose opportunities to bid on projects.
Typical Coverage Limits
Many contractors choose policies with limits such as:
- $1,000,000 per occurrence
- $2,000,000 aggregate
Larger projects may require higher limits.
Get Contractor Liability Insurance
If you’re a contractor in South Carolina, North Carolina, or Georgia, Upstate’s Choice Insurance can help you find affordable coverage quickly.
Call 864-845-7500 today for a free contractor liability insurance quote.