Contractors Insurance

Did you realize that bonds, while required for your license, are primarily in place for the protection your customers? One thing contractors often forget about when getting started is purchasing contractors insurance to protect themselves. Here is a quick overview of common insurance purchased by contractors:

1. Commercial General Liability Insurance (CGL) – The most common contractors insurance, CGL is often required before you can bid for a project or get started on a job. This insurance provides protection for damage to property or persons by your operations.
2. Commercial Auto Coverage – Coverage for the vehicles used by your company. Personal auto coverage will not typically cover vehicles used for business purposes.
3. Workman’s Compensation – If you have any employees, you are legally required to carry this coverage that protects your employees if they are injured on the job.

For quotes on any of these coverages, or any other commercial insurance, please contact our sister company, Skyles Insurance Agency, leaders in construction insurance.