Concrete Contractors Insurance and
Why it's Important?
As a concrete contractor, you occupy a
specialized niche that requires expert
knowledge and experience. Your
professional expertise is invaluable in a
building project, whether you are
pouring a foundation or installing a
patio.
However, the nature of your
business also calls for
adequate protection against
potential injury, damages, and
lawsuits.
When homeowners are looking to
hire a concrete contractor, they
consider your years of experience in
the industry, check references, and,
most importantly, verify whether you
have adequate insurance coverage.
If you are adequately insured,
in addition to inspiring
confidence in clients, it will
also lend legitimacy to your
business.
General Liability Insurance is the
minimum coverage you should
have as it covers claims made
against you, legal costs, and
monetary judgments assessed
against your business.
In a labor-intensive industry, such as
a concrete contractor, your
employees face a higher risk of injury
on site. Most states require all
businesses with employees to take
out Workers Compensation
insurance.
Business vehicles are an essential
asset of your concrete contracting
business. Commercial Auto
insurance is vital as it protects
your fleet of vehicles and trucks
from damage or theft.
Investing in Inland Marine
insurance will provide coverage
for your property and equipment
against loss and damage, not
only while it is in transit, but also
at the job site.
Professional Liability insurance
provides coverage for your legal
fees if sued for negligence, errors,
and oversight. It also covers your
business when a customer alleges
that your work is faulty.
As a concrete contractor, you have
devoted hard work and time to
build up your business, so it only
makes sense to secure it as best
as possible. You can do this by
purchasing the correct insurance.
Safeguard Your Business, Visit
www.contractorsliability.com
Call (866)225-1950