As a contractor, you enjoy a lot of workplace freedoms. Not to mention, you get to work with your hands. While these freedoms allow you to do what you love, working as a contractor comes with a lot of risks–just like any other job.
Contractors need to arm themselves with insurance coverage to ensure that their liability and finances are protected in the event of an accident or workplace incident. While general contractors insurance policies include liability coverage, auto insurance, property insurance, etc. there are a few additional types of contractors insurance coverage that you may not already know about:
- Contractors Errors & Omissions Insurance – This form of liability coverage covers costs of repairs and replacements if your work is deemed defective.
- Surety Bonds – This form of contractors insurance coverage guarantees performance to clients. Acting as a type of promise, this coverage is essential in holding a second party accountable for their work.
- Builder’s Risk – This form of contractor’s insurance covers materials and labor of partially completed projects.
- Umbrella Insurance – This form of liability coverage offers an additional layer of protection against severe accidents caused by your business.
At Beck Insurance Agency we are proud to serve Delta, Napoleon, Archbold, Defiance, Wauseon, and the surrounding areas with contractors’ insurance solutions. With experience dating back to 1948 and a passion for protecting our clients, we work with you to find the right contractor’s insurance solution to keep you protected on the job. Whether you’re a one-man-show or have 100 employees, we’re here to help you find the coverage that fits your budget, needs, and requirements.
As a family-owned and operated business, we know the value of keeping your business safe, which is why we treat you like more than a client–you’re family! Call us today at 877-446-2325 for more info on contractors’ insurance!
