Insurance companies look at our members as
part of our group, not just by volume of business or the amount of employees you have.
CONTRACTORS INSURANCE As a contractor in today’s
day and age, every job you take on comes with its own set of risks. If
any mistakes are made that cost a client, this client has the right to make a claim against you and these
kinds of claims can become quite expensive for a contractor. Most
clients today legally require that a contractor be covered by some level of contractors insurance before any
contract is accepted.
When it comes to purchasing contractors insurance, there are several important factors to consider.
All clients are granted legal recourse by law, allowing the client to claim for any
mistake or negligence on the part of the contractors. An agency contract, in
most cases, will not fully protect a contractor.
Contractors insurance provides protection for a general contractor,
developer or builder as well as its employees and agents against lawsuits, liabilities, expenses or other costs
that may result from a claim against the building or property….i.e. roofing, electrical failure, faults, leaks or
safety issues.
This type of insurance must be sought and selected by the contractor, builder, or
developer before starting any type of construction project to protect the contractor and associated parties against
various liabilities.
With proper Contractors Insurance, a contractor can be fully protected, allowing him to work
freely with peace of mind.
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