Business Contractors insurance protects contractors from liability in specific areas including unexpected damages that can occur at a work site. When working in someone’s home 武汉清理传销人员 挟持护士被击毙

Business Contractors insurance protects contractors from liability in specific areas including unexpected damages that can occur at a work site. When working in someone’s home, many things could happen. For instance, a water pipe could be ruptured accidentally or a fire could break out and cause damage. If this accident happened at one of your work sites, do you know if your insurance would cover the unfortunate situations? The fact is, almost any damage caused by a contractor or one of his employees can be covered by insurance. Even instances not caused by contractors or their workers can be covered. A contractors general liability insurance policy will effectively cover the cost to repair or replace property that is damaged, as well as cover any injury to a third party caused by a contractor on a work site. The insurance will also cover medical expenses of the injured party and even fees and damages. Of course, there are many different types of policies available and you need to know the difference between them. General liability insurance for instance, should not be confused with workers compensation insurance. General liability insurance covers property damage and injuries to third parties. It is required by law in every state in the U.S. It does not cover workers. Many states also now require employers to carry worker’s compensation insurance as well as general liability insurance. This pays for workers injuries and illnesses that occur while employed by you the contractor. If you hire sub-contractors and they do not have this coverage, your policy should be written to cover it. As with all insurance policies, there are exclusions that your contractors insurance may not cover. Before you buy any insurance policy it is important that you ask about exclusions so you know what is not covered. Also ask about limits to your policy so you know the maximum your insurer will pay out on any one claim. The important thing to remember is that all contractors insurance policies are not the same. Each insurer has his own guidelines to follow. Different polices can be offered to meet a contractors specific needs. Now that you know a little more about what’s covered and what’s not, contact an insurance broker and get your business covered. The more knowledge you have about contractors insurance before you actually go out and purchase a policy, the more pertinent your questions will be for the agent or broker who is selling the coverage. About the Author: 相关的主题文章:

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