Contractors Insurance in Denver, CO
Contractors often work in unpredictable and high-risk environments, making insurance a vital safeguard against financial loss. In many states, having insurance is a legal requirement for obtaining licenses and permits. Among the most commonly required policies is general liability insurance, which protects against third-party claims.
Construction sites naturally involve hazards that can lead to accidents, injuries or property damage. Contractors insurance helps cover the associated costs, reducing the financial strain on your business. Additionally, many contracts with clients, subcontractors or suppliers require specific insurance coverage. Failing to meet these requirements can result in legal issues and financial penalties.
Coverage Details for Contractors Insurance
While insurance policies can be tailored to meet your unique requirements, standard coverage options often include the following:
- General liability Insurance can help cover expenses related to third-party bodily injury, property damage or personal injury claims.
- Workers’ compensation insurance can offer financial support for medical care and lost wages for employees injured on the job, helping avoid legal complications and promoting employee well-being.
- Commercial auto insurance can help financially protect against losses from accidents involving business vehicles, including repair costs and liability for injuries or property damage.
- Builders risk insurance can help financially cover construction projects against damage from fire, theft, vandalism and natural disasters.
- Professional liability insurance can help protect against financial losses resulting from claims of errors or negligence in your services.
How to Get Quotes for Contractors Insurance
To get a quote for contractors insurance, contact JJ Insurance.