0
What is the average cost per year of general liability insurance for an independent general contractor in Pennsylvania?
Wiki User
∙ 14y ago
In NJ, for a $2,000,000 aggregate and a $1,000,000 per occurance, we pay about $12,000 a year. That's with a totally clean record and 8 years in business.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What is the cost of general liability insurance for an independent contractor?
It all depends on the overall risk exposure. Without knowing what type of contractor you are and what you annual volume is, there is no way to guess what you might pay for your insurance.
Does the owner or contractor purchase professional liability insurance?
Traditionally the contractor provides the Insurance. The owner verifies that the contractor has insurance prior to hiring that contractor.
How much professional liability insurance does a sole proprietor painting contractor need?
A contractor Buys Commercial Liability Insurance in the contractor class, not professional liability insurance. The amount needed is typically determined by the exposures presented or as specified by the employer.
How can i get a copy of a contractor's liability insurance policy?
Ask the contractor for a copy.
What is an insured contractor?
An insured contractor is a contractor who carries a Commercial General Liability Insurance Policy.
What is the Liability of homeowner acting as General contractor?
Homeowners insurance does not have liability coverage for your job occupation. You can obtain contractors insurance for liability coverage.
Does your homeowner liability cover you when you clean houses as an independent contractor?
No, there is a business exclusion under the liability section. You personal homeowners insurance will not cover your Commercial activities. You will need a Commercial General Liability policy to cover your business operations.
Can general insurance be backdated?
can a contractor have liability insurance backdated to show the company was insured
Why does a contractor need a professional liability insurance policy?
A contractor typically needs a Commercial General Liability Insurance Policy. If the contract includes professional services, then the contractor will likely be required to carry Professional Liability Insurance, either in addition to, or in place of a CGL policy. It really just depends on the nature of the services contracted.
Why would a contractor need liability insurance?
A contractor may insist on the notion of liability insurance in case any unforeseen incidents may occur, such as a roof caving in, so they can not be held accountable.
What does contractor liability insurance cover?
Contractor liability insurance typically covers property damage and bodily injury. It also will cover products and completed operations as well as personal and advertising injury.
What kind of insurance do you need for a housekeeping business?
General liability.(contractor's)
