General Contractor
Insurance

Business insurance can protect general contractors from a variety of potential risks, such as property damage, liability claims, and business interruption. Here are a few examples of how different types of business insurance can provide protection for a general contractor:
Liability insurance: This type of insurance can protect a general contractor from lawsuits stemming from injuries or accidents that occur on the job site. For example, if a subcontractor is injured on the job, the general contractor could be held liable for the damages. Liability insurance can help cover the cost of legal fees and any settlements or judgments awarded to the injured party.
Property insurance: This type of insurance can protect a general contractor from damage to its building, equipment, and inventory. For example, if a storm damages the job site, property insurance can help cover the cost of repairs or replacement. Similarly, if the contractor’s tools and equipment are stolen, the policy may cover the cost of replacing them.
Business interruption insurance: This type of insurance can provide coverage if the contractor is forced to close temporarily due to a covered loss. For example, if a storm damages the job site and the contractor is unable to work, business interruption insurance can help cover lost income and expenses, such as payroll, during the closure period.
Workers Compensation: This type of insurance provides protection and medical coverage for employees that get injured or falls ill in connection to the work they are performing.