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Contractors Insurance
Contractors indemnity is coverage that can protect your commercial enterprise from devastating fiscal debts that can result from work-related accidents. It ’ sulfur authoritative to protect your support with adequate coverages and limits that match your exposure in encase your business is threatened .
Protect against things like lawsuits and other liabilities with contractors indemnity through the Progressive Advantage® Business Program. Our team of experts can work with your budget to help you secure customized commercial car and business policy policies .
Who needs it?
Contractors, subcontractors and mugwump shopkeeper should carry commercial policy. It not only protects your business, but it ’ randomness frequently a prerequisite by many employers before you can start working for them. Common trades that need contractors indemnity include :
It ’ second always good to have insurance in case of mishaps, evening if you don ’ deoxythymidine monophosphate contractually need coverage .
How much does it cost?
One of the most influential factors that affects your contractors indemnity price is the type of work that ’ south involved in your specific trade. For example, a roof contractor is exposed to risks that an HVAC technician international relations and security network ’ thyroxine, and frailty versa. consequently, you could expect their rates to differ .
early factors that affect the monetary value of contractors insurance are employees, coverage needs, vehicles, location and claims history .
Customizing a quote to match your specific business is the only way to know you ’ re getting an accurate rate and enough coverage. Start by calling us or starting a quote on-line .
Basic coverages
- General Liability: Typically needed before a contractor can begin work on a job. It could cover you if your business is liable for things like injuring people, damaging property or for faulty work.
- Commercial Auto: Protection for vehicles used for work or to transport tools and other contractor materials. You have the choice to cover attached equipment such as ladder racks and permanently attached tool boxes. Individual tools and materials usually aren’t covered under this policy.
Other coverages contractors might need
- Business Owners Policy (BOP): Packages contractors liability and coverage for personal property and commercial buildings into one policy.
- Workers’ Compensation: Protects if your employees become ill or injured while at work.
Insurance for contractors
Show video transcript
Contractors policy from Progressive Commercial protects small businesses like painters, carpenters, landscapers and early tradespeople with a kind of coverages to help them take on the fiscal impact of work-related accidents .
The coverages in contractors insurance can vary from business to business. They often include general liability indemnity, which covers your business if you ’ ra liable for injuring people, damaging place or other situations .
But it can besides include other coverages like commercial car, workers ’ compensation and commercial enterprise owners policies.
many municipalities, clients and landlords contractually require you to carry policy. But regardless, it ’ s a dear idea to have coverage in font of accidents or larceny of tools and equipment .
The total you pay is based on several different factors like the measure of coverage you need, your specific deal and your placement .
Stay protected with Contractors indemnity from Progressive Commercial. Call us or start a quote on-line today .
disclaimer : Progressive Casualty Ins. Co. & affiliates
Get your free quote today!
We ’ ve made it easy for you to shop for all your contractors insurance in one place. Simply call us to speak with a accredited agent who can help you with your commercial car and business policy quotes .
Common questions
What does contractors insurance cover?
Contractors policy normally covers business liability exposures, such as injuries or damage to a node ’ s property for which your occupation is responsible. This is covered by general liability policy, an essential part of a contractors policy policy. Contractors policy can besides extend to cover your business ’ sulfur vehicles and employees, depending on the coverages selected .
What’s the difference between a certificate holder and an additional insured?
A certificate holder is merely the commercial enterprise or contractile organ that carries the coverages as described on the certificate of policy. An extra insured is another commercial enterprise or contractor that ’ mho besides listed on the certificate holder ’ randomness indemnity policy.
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What kind of insurance should a contractor have?
While some companies offer a “ one-size-fits-all ” contractors indemnity policy, we know every catching business is unique. That ’ mho why our insurance experts will work with you to customize a policy barely for your business, so you entirely pay for coverages you need .
Are contractors required to have insurance?
While business insurance may not be required by law, without policy you could be held personally apt for a mistake on the job. additionally, before command or taking on a problem, you may be required to show proof of policy .
Do I need workers’ compensation insurance if I’m an independent or self-employed contractor?
In most cases, freelancer and freelance contractors aren ’ metric ton required to carry workers ’ recompense policy. however, it may be required in certain jurisdictions or to fulfill a abridge .
