General Liability Insurance
How General Liability Insurance Protects Construction and Contracting Businesses
Contractors benefit from General Liability Insurance in 3 ways:
For a contractor or construction business, General Liability Insurance offers the peace of mind that their contracting or construction business will have the necessary funds to continue daily operations — even when faced with a costly claim. General Liability Insurance covers the legal fees that can easily bankrupt a small contracting or construction business, such as the cost of attorney fees, witness fees, court expenses, and more. After a lawsuit, General Liability for construction and contracting businesses can be the difference between never opening your business doors again and weathering the storm still on your feet.
General Liability Insurance may also include business interruption coverage, which might cover revenue lost while you're in court defending yourself against a claim.
Contractors benefit from General Liability Insurance in 3 ways:
- General Liability coverage protects your business assets. If a third party alleges bodily harm, injury, or property damage, and you don't have General Liability coverage, your contracting or construction business assets could be seized to pay the judgment.
- General Liability Insurance offers a survival plan. This coverage ensures your contracting or construction business can survive if a judgment is passed, and cover court costs and settlements up to the specified policy limits.
- General Liability gives your contracting or construction business and your employees security. With this coverage, you can carry out daily work knowing you and your employees are protected from uncertainty. General Liability coverage protects your business against claims brought against the company as a whole, as well as claims brought against individuals employed by the company.
For a contractor or construction business, General Liability Insurance offers the peace of mind that their contracting or construction business will have the necessary funds to continue daily operations — even when faced with a costly claim. General Liability Insurance covers the legal fees that can easily bankrupt a small contracting or construction business, such as the cost of attorney fees, witness fees, court expenses, and more. After a lawsuit, General Liability for construction and contracting businesses can be the difference between never opening your business doors again and weathering the storm still on your feet.
General Liability Insurance may also include business interruption coverage, which might cover revenue lost while you're in court defending yourself against a claim.
Take a look at the types of third-party claims typically covered by General Liability Insurance for contractors, and be sure to ask your Buckner agent about the policies that fit your business needs.
Protect Your Contracting Business Don't leave your contracting business vulnerable to chance. Contact a Buckner agent today, and one of our licensed agents will help you assess the risks associated with contracting or construction, and ensure your contracting or construction business is protected with a General Liability policy that leaves you secure. |
|