{"id":98,"date":"2016-02-25T17:02:02","date_gmt":"2016-02-25T22:02:02","guid":{"rendered":"https:\/\/elliottinsuranceservices.com\/blog\/?p=98"},"modified":"2016-09-06T14:26:06","modified_gmt":"2016-09-06T18:26:06","slug":"contractors-liability-insurance","status":"publish","type":"post","link":"https:\/\/elliottinsuranceservices.com\/blog\/2016\/02\/25\/contractors-liability-insurance\/","title":{"rendered":"Contractors Liability Insurance"},"content":{"rendered":"<p>Have you ever wondered what Contractors Liability Insurance is?\u00a0 In short, it is a specific coverage to protect contractors from the risk of financial obligations imposed by lawsuits and similar claims. \u00a0Since contractors often work on many different projects, this type of insurance follows them while working at different sites.<\/p>\n<p><strong>Why is Contractors Liability Insurance so important?<\/strong><\/p>\n<p>Accidents happen, and unfortunately so do lawsuits.\u00a0 Contractors Liability Insurance is a cost effective way to protect your business from a possible financial loss due to an unforeseen accident.\u00a0 In addition, the requirement for contractors to carry liability insurance has become much more prevalent in recent years. \u00a0Both commercial and residential clients \u00a0are frequently asking for proof of liability insurance from the contractor before starting their renovation, new building or installation project.<\/p>\n<p><strong>What can a Contractors Commercial Liability policy cover?<\/strong><\/p>\n<p>There are many forms of contractor policies available, offering both protection for new contractors as well as established contractors with multiple employees. In addition to liability coverage, some \u00a0\u00a0packages may offer optional coverages for tools, equipment, shop contents or shop building.\u00a0 Coverages for goods in transit or material at the work site awaiting installation are also available.\u00a0 Many policies also give the option of adding builders risk insurance should you decide to purchase land and build a home or commercial building.\u00a0 An Independent Insurance Broker can assist you in navigating these options and help you find the best coverage for the best price.<\/p>\n<p><strong>A policy for every Contractor.<\/strong><\/p>\n<p>Every contractor is different and these policies can be tailored to meet your specific needs.\u00a0 As your business grows, your insurance package can grow along with you. \u00a0Your package can be amended at any time during the policy term to ensure you are always properly covered. \u00a0Be sure your Insurance Broker explains the many options available to you, to assist you in choosing the best policy to suit your business needs and your budget.<\/p>\n<p>If you are a contractor and you are curious about Contractors Liability Insurance, be sure to contact your broker for details and pricing.\u00a0 If you don\u2019t have a broker, feel free to <strong><u><a href=\"https:\/\/elliottinsuranceservices.com\/contact-us\">contact us<\/a><\/u><\/strong> and we would be pleased to help.<\/p>\n<div id=\"attachment_99\" style=\"width: 310px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/elliottinsuranceservices.com\/blog\/wp-content\/uploads\/2016\/02\/Contractor-Insurance.jpg\"><img decoding=\"async\" aria-describedby=\"caption-attachment-99\" class=\"size-medium wp-image-99\" src=\"https:\/\/elliottinsuranceservices.com\/blog\/wp-content\/uploads\/2016\/02\/Contractor-Insurance-300x200.jpg\" alt=\"Be sure to contact your insurance broker to help you navigate the world of contractors insurance\" width=\"300\" height=\"200\" srcset=\"https:\/\/elliottinsuranceservices.com\/blog\/wp-content\/uploads\/2016\/02\/Contractor-Insurance-300x200.jpg 300w, https:\/\/elliottinsuranceservices.com\/blog\/wp-content\/uploads\/2016\/02\/Contractor-Insurance-1024x683.jpg 1024w, https:\/\/elliottinsuranceservices.com\/blog\/wp-content\/uploads\/2016\/02\/Contractor-Insurance-624x416.jpg 624w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-99\" class=\"wp-caption-text\">Be sure to contact your insurance broker to help you navigate the world of contractors insurance<\/p><\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Have you ever wondered what Contractors Liability Insurance is?\u00a0 In short, it is a specific coverage to protect contractors from the risk of financial obligations imposed by lawsuits and similar claims. \u00a0Since contractors often work on many different projects, this type of insurance follows them while working at different sites. Why is Contractors Liability Insurance so important? Accidents happen, and&#8230; <a href=\"https:\/\/elliottinsuranceservices.com\/blog\/2016\/02\/25\/contractors-liability-insurance\/\">Read more &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":99,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,3],"tags":[91,26,36,24,37,90],"class_list":["post-98","post","type-post","status-publish","format-standard","has-post-thumbnail","placeholder-for-hentry","category-commercial-insurance","category-liability-insurance","tag-builders-risk","tag-business-insurance","tag-contractors-insurance","tag-loss-prevention-tips","tag-tools-and-equipment","tag-trades"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/elliottinsuranceservices.com\/blog\/wp-json\/wp\/v2\/posts\/98","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elliottinsuranceservices.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elliottinsuranceservices.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elliottinsuranceservices.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/elliottinsuranceservices.com\/blog\/wp-json\/wp\/v2\/comments?post=98"}],"version-history":[{"count":0,"href":"https:\/\/elliottinsuranceservices.com\/blog\/wp-json\/wp\/v2\/posts\/98\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elliottinsuranceservices.com\/blog\/wp-json\/wp\/v2\/media\/99"}],"wp:attachment":[{"href":"https:\/\/elliottinsuranceservices.com\/blog\/wp-json\/wp\/v2\/media?parent=98"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elliottinsuranceservices.com\/blog\/wp-json\/wp\/v2\/categories?post=98"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elliottinsuranceservices.com\/blog\/wp-json\/wp\/v2\/tags?post=98"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}