Why General Liability Insurance Is Essential for Contractors

There are numerous risks contractors face every day that may impact their business operations. Whether tackling a small remodel or managing a large commercial build, one small mistake can lead to costly legal claims. This is what makes general liability insurance essential for contractors.

What Does General Liability Insurance Cover?

General liability insurance typically includes coverage for the following:

• Bodily injury—If a third party is injured on your jobsite or due to your work, general liability may help cover medical expenses and legal fees.
• Property damage—If you cause accidental damage to a client’s property during your work, general liability may cover costs to help you avoid costly out-of-pocket repairs.
• Advertising and personal injury—General liability may assist in claims against you related to libel, slander, or copyright infringement.

Why Should Contractors Consider General Liability?

Contracting work is often high-risk. Even with the most stringent safety protocols and procedures in place, accidents can happen. General liability insurance can help your business with the expenses related to lawsuits and claims. Furthermore, some clients and contracts may require you to carry certain amounts of general liability coverage.

Is General Liability Insurance Required for Contractors?

Georgia doesn’t currently mandate general liability insurance for all contractors, but it is strongly recommended. In addition to clients frequently requiring proof of coverage before agreeing to contracts, it can help demonstrate a level of professionalism and trustworthiness to help boost your business and reputation.

Contact Us

Whether you manage a full crew or operate as a solo contractor, general liability insurance can be essential to your business’s financial stability. The team at La Oficina Insurance Agency in Athens & Columbus, GA can help you find the right coverage for your needs and budget. Contact us today for a personalized quote or more information.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.