Liability Insurance

What is contractor liability insurance?


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2011-12-02 21:54:01
2011-12-02 21:54:01

Liability insurance is required for contractors in many states as a requisite to work. It protects both the contractor - the worker, and you - the employer, from any liability if the contractor is injured on the job (at your home.) Basically, if he is insured, you don't have to worry about being sued if he gets hurt on your property.

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Traditionally the contractor provides the Insurance. The owner verifies that the contractor has insurance prior to hiring that contractor.

A contractor buys Commercial General liability insurance in the appropriate contractor class, not professional liability. The amount needed is determined by the exposures presented or the amount specified by the employer.

An insured contractor is a contractor who carries a Commercial General Liability Insurance Policy.

Homeowners insurance does not have liability coverage for your job occupation. You can obtain contractors insurance for liability coverage.

can a contractor have liability insurance backdated to show the company was insured

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.

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.

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.

Of course not. I assume you are talking about commercial liability insurance.

There are a number of contractor liability insurance companies and but not a specific one listed under that name. One company that offers this insurance is Tech Insurance and their address is 1301 Central Expressway South, Suite 115, Allen, Texas.

Generally you just ask the contractor if he's insured, before hiring them.

Yellowpages is a great resource to find a contractor for general liability insurance in Mobile, Alabama. The website contains contact information for multiple contractors.

No. Workmanship is not covered under a artisan contractors liability policy.

What your looking for is Commercial General Liability Insurance for contractors, not professional liability insurance.And Yes. Almost any Commercial lines carrier will provide CGL coverage as well..

It depends on the type of insurance you are looking into as well as your profession some examples are:general liability business insurance and contractor liability insurance, among many others.

The contractors General Liability Insurance would cover accidents and quality of workmanship issues that result from the activity of the Contractor.

You should at least make sure that they are carrying $500,000 - $1,000,000 in liability limits on a general liability policy. This will protect you from any losses that they may cause such as a fire etc. You need to ask them for a certificate of insurance. Make sure you get it from their insurance agent and not the 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.

It depends on the state most of them will have a website that you can check with the contractors state license board. Ask for a certificate of insurance.

Contractors will be required to carry a minimum of public liability insurance when working on sites. This provides indemnity against damage to property or persons caused by the contractor, his staff or his equipment.

I would need more information to give you a responsible answer.

Contact a licensed commercial insurance agent in your area. It will be able to assist you if it do not sell the particular coverage you need by referring you to another broker. Do a search for general liability insurance for your state and hundreds of agents will show up. Make sure you use a contractor insurance specialist however.

A self employed contractor general liability ins., Workers comp if a corporation, but whoever is the bond company they should be able to assist in insurance coverage for the company.

Automobile Liability insurance, YES. Liability insurance, NO. There are many kinds of liability insurance.

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