You already carry the required General Liability insurance, but do you need more protection? General Liability for contractors is required when entering a construction contract and quite frankly makes good business sense to carry it. It covers you against negligence if you cause bodily injury or property damage. Its broad coverage but it doesn’t cover everything.
Did you know that it doesn’t cover faulty workmanship? Most General Liability policies specifically exclude “Your work”. That can be a costly expense if you have to pay to tear out your work, pay for new materials and labor on your own. And depending on the cost and complexity of the project, that could lead to costly delays and legal fees.
Adding Contractors E&O to your General Liability portfolio could provide the coverage you need.
- Defend and pay for costly legal fees
- Poor workmanship or incorrect work
- Failure to provide promised services
- Oversights and Errors
Construction is booming, it’s more important than ever to make sure you have the proper coverage in place.
Contact your agent at Mountain Ridge Insurance Group to discuss in more detail.