Contractors gain peace with unbeatable liability insurance secrets

Contractors can choose from several types of liability insurance, each catering to different needs:

• General Liability Insurance: This is the most common type and covers third-party bodily injury, property damage, and advertising injuries.
• Professional Liability Insurance: Also known as errors and omissions insurance, this covers claims related to professional mistakes or negligence.
• Workers’ Compensation Insurance: While not a liability insurance per se, it is essential for covering employee injuries sustained on the job.

Each type of insurance serves a specific purpose, and understanding these can help you tailor a policy that best suits your business needs.