What is General Contractors General Liability?

General liability for general contractors is an insurance protection product designed to provide a financial safeguard against business claims arising from accidents or property damage, whether they occur on the job site or at the company premises.

Why do I need it?

Business Protection – Liability insurance for a general contractor serves as a crucial shield, offering protection to businesses from potential lawsuits that may arise from a diverse range of circumstances, such as:

• Liability Associated with Accidents
• Liability Assumed Under a Contract
• Liability Associated with Products
• Liability Associated with Employees

Company Compliance – Proof of liability coverage for building contractors is a common prerequisite to initiating business operations, as stipulated by state licensing commissions and project owners.

Marketing Benefits – Presenting evidence of commercial liability insurance for general contractors serves as a powerful testament to business owners’ dedication to accountability in their operations and products, significantly improving their chances of winning bids with potential clients.

Property Landlords – Most commercial management companies require proof of adequate general contractor business liability insurance as a prerequisite to signing a lease.

What does it Cover?

Building contractors’ liability coverage plays a crucial role in providing businesses with a necessary financial safety net against claims of bodily injury and property damage from third parties. It covers the costs associated with legal defense and compensatory damages, delivering assurance up to the specified limit mentioned in the policy.

It aids general contracting businesses in reducing unexpected expenses linked to third-party incidents, including:

• Bodily Injury Claims
• Property Damage Claims
• Products-Completed Operations Claims
• Personal-Advertising Injury Claims

What is a Certificate of Insurance?

A certificate of insurance is an authorized document confirming the existence of a general liability policy for builders, detailing the specific limits and coverages in place.

What is an Additional Insured?

When it comes to business liability insurance for general contracting companies, an additional insured (AI) is an individual or organization that receives coverage under an insurance policy, separate from the policyholder. This endorsement is widely sought after in the construction industry.

How much is it?

When pricing a general liability quote for building contractors, several elements are considered, including the nature of the work, historical claims data, location, and past insurance policies. With our team’s knowledge and broad industry connections, we engage with esteemed insurance markets to provide personalized coverage options that effectively meet the specific needs and financial structure of your business.

What are my Payment Options?

Our partnerships with insurance carriers give us access to diverse payment options for obtaining affordable liability coverage for general contractors. This allows you to choose the payment method that best suits your business’s requirements, ensuring convenience and flexibility.

Full Payment Option – Pay the premium with one payment.
Direct Bill Option – Pay the monthly premium to the carrier directly.
Financing Option – Pay the monthly premium through a finance company.

What Makes Us the Preferred Choice in the Construction Industry?

Our unwavering commitment to the construction industry drives us to offer unparalleled assistance to clients seeking inexpensive liability insurance for building contractors.

By forging strategic alliances with leading providers, we empower our clients with unprecedented access to fiercely competitive markets, guaranteeing the procurement of the most cost-effective rates for both residential and commercial risks.