Top Points to Know About General Liability Insurance for Contractors

Importance of General Liability Insurance

Essential for construction businesses, protecting against claims of bodily injury or property damage, mitigating financial risks.

Legal and Licensure Requirements

Not always legally required but crucial for many businesses; some states mandate it for contractor licensure.

Coverage Details

Covers legal fees, court costs, and settlements; includes bodily injury, property damage, and personal/advertising injury.

Policy Limits and Add-Ons

Typical limits are $1M per incident, $2M aggregate; optional add-ons include mobile equipment, data breaches, reputation repair.

Exclusions

Excludes intentional damage, contractual liability, employee injuries, pollution, errors and omissions, and contractor's property damage.

Cost Factors

Costs vary based on location, specialty, revenue, and claim history; can be bundled with other policies like workers' comp and commercial auto.

Protect your construction business with Humble Insurance Group. Get tailored solutions for bodily injury and property damage claims. Contact us for a free quote!

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