As a contractor, you have enough on your mind without having to worry about your general liability insurance needs. You want to have the confidence that the business you've built is covered by a company that understands your contractor insurance needs.
Normally, it is difficult for businesses or general contractors to work without general liability insurance. General liability insurance is intended to guard operators and owners of companies from claims that may come from a broad spectrum of sources. These exposures could be just about anything, including liability engendered by accidents from the operations of the insured party, contractual liability, products manufactured by the insured party, etc.
The liability you select, whether it is one, two, or three million dollars, determines the cost of general liability insurance.
Also factored into the rates are the kind of work undertaken, gross receipts and total payroll expenses. Similar to auto insurance, when it comes to general liability insurance, you will first have to make a down payment and then follow it up with installments. Before buying general liability insurance, it is best to compare the quotes available in the market.It is the business owner's or general contractor's job to make sure that the people working under him/her are covered by an insurance policy. If for example, a person who is not a part of the project gets injured, the injured person's lawyer can target just about anyone involved in the project. The more individuals that are involved, the greater the chances of a successful lawsuit.
Contractor insurance is an important aspect of any business that cannot be ignored especially if the business premises are leased or rented and even otherwise.
Whatever your commercial insurance needs, an insurance program needs to be designed for the right protection that's right for you.At BV Insurance our staff of independent agents can help you design this program. BV Insurance is a privately held retail insurance agency. While based in Atlanta and Norcross, Georgia since 2000, we work with contractors throughout the Southeastern region to help them find the right coverage for their general liability insurance.
Our insurance agent website is built to provide quick insurance quotes and convenient access to billing and claims information.
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