Does Contractor’s Insurance Provide Liability Coverage?

For our clients who are contractors at Advantage Insurance Network in Cincinnati, OH, we frequently get the question of whether contractor insurance provides liability coverage. Although each policy has different terms, most contractor’s insurance policies have similar benefits. This includes liability coverage in many cases, but we will discuss that in further detail in the article below.

What Is Contractor’s Insurance?

Simply put, contractor’s insurance is a type of insurance policy that tends to the specific needs that contractors may have from an insurance coverage perspective. If you own a construction business, contractor’s insurance is necessary for this industry. After all, you need to prepare for on-the-job injuries, litigation, and damage to the equipment that lets you run your business successfully.

Does the Contractor’s Insurance Provide Liability Coverage?

Every policy might have individualized terms and limits, but that doesn’t mean that you can’t generally expect similar terms to contractor’s insurance policies, no matter where you get your policy. Regarding liability, one of the main things that contractor’s insurance covers is lawsuits and related expenses.

When you have contractor’s insurance, you can rest assured that you will be covered if you are found to be at fault for an accident related to contracting. If this happens, you might be able to use your contractor’s insurance to cover injuries, damage, and more.

Naturally, it is always best to review the specific terms of your policy with a qualified insurance professional at our office so that you are clear about what is covered and what is not covered. 

To answer your questions about liability coverage in contractor’s insurance, our team at Advantage Insurance Network in Cincinnati, OH is only a phone call away, so give us a ring today!