Accidents at construction sites are never a pretty sight. Contractors general liability insurance protects contractors from paying a huge sum of money that they are obligated to pay for medical bills and damages to employees or third parties.
What Does Contractor Liability Insurance Cover?
A contractor general liability insurance policy covers damages to employees or third parties arising from your workplace. Remember, the coverage doesn’t include faulty workmanship. Here are some of the expenses that the policy covers:
Bodily Injury
It includes sickness because of work, injury, or death at the workplace.
Property damage
If your construction project accidentally damages another tangible property, you need to pay for the repair of that damage.
Medical payments
They include medical expenses that result from the treatment after an injury at work. Usually, you get coverage of $5000 if you have contractor general liability insurance.
Personal and advertising injury
This includes injury due to malicious prosecution, false arrest, copyright infringement, wrongful eviction, and publishing something that violates a person’s privacy. Although this is not something common in the construction industry, a contractor general liability insurance policy still covers it.
Get your contractor general liability insurance today. LIA Insurance Agency specializes in contractors insurance and finding hard to place coverage.