Contractors’ insurance is a type of insurance that protects against liability. While working as a contractor, there can be many dangers in the workplace. With contractors’ insurance, contractors and the companies they work for can protect themselves against costly lawsuits and from an array of possible damages.
This insurance is available to many kinds of contractors from roofing specialists to carpenters, and they can be customized to protect against the unique challenges of each project or the hazards that come along with these professions.
If there is an accident, contractors will generally pay their deductible, and the insurance company will assist with payment for damages.
With contractors’ insurance in Atlanta, GA, one standard coverage protects against structural damage. Because contractors work in houses, businesses, and construction locations, there are chances that structural damage that could affect the building. A carpenter may accidentally knock down a load-bearing wall or break part of a ceramic stove. These types of accidents could be covered by an insurance policy, and the insurance company would pay for the damages and replace the glass stove that was broken.
This insurance also generally covers the risk of injury so that the company will pay damages if anyone becomes injured because of the contractor’s actions. The insurance would pay for medical bills, any legal costs, and other disasters if applicable. There are also additional coverages for different types of accidents that could possibly occur.
To learn more about contractors’ insurance in Atlanta, GA, contact American Insurance Agency Services . You can also connect them on Facebook.
