Insurance That Contractors Require With CIA
There are many kinds of contractors out there. If you own a contracting business, it is important to remain secure in the face of liabilities. Any given business will be facing its unique insurance risks. What is important is to take these risks into account and come up with a plan of action. Because of the great number of risks faced by contractors the insurance solutions offered to them have to vary greatly.
It can be hard to determine what your best steps will be when it comes to insurance. However, having the right broker in charge of your insurance plan will ultimately help your business to save on costs. Central insurance agency offers many policies to contractors, including but not limited to:
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General Liability
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Property in Transit
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Workers’ Compensation
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Commercial Auto
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Umbrella/Excess Liability
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Errors and Omissions
Contractors should work closely with Central Insurance Agency to provide their business with a strong, tailor-made coverage plan. There are many ways for your business to experience financial harm. Because of this, general liability insurance is often a necessity for contractors. Two major aspects of the contracting industry within the frame of construction are bodily injury, property damage, and medical payments. If someone outside of a job site wanders onto the site for any reason and is injured, your business is liable for that.
Property damage should also be considered. Damage to a client’s property or any other property by your employees is always a possibility. Injury can also result from property damage, leading to medical bills associated with a bodily injury claim. No matter the injury, if it is caused by an employee or job site negligence, you may be liable.
Contractors everywhere can be at peace, however, through the use of a functional and strong insurance plan. With Central Insurance Agency you are in the right hands for your insurance needs.