Why You May Need Contractors’ Insurance

When you have a contracting company, there is a form of insurance that you should have in order to protect that business. Contracting often comes with a number of risks to employees and to the expensive equipment that you use. Injuries and damage to property can happen on any project, and it’s always best to be covered for these risks. Getting this insurance generally isn’t mandated, but it can save the financial future of your business if an accident or other incident should happen. If you need contractors’ insurance, give us a call at E.S.T.I.R. Inc. in Bloomfield, NJ to find out more. 

General Liability

General liability is a big part of contractors’ insurance, and it provides a number of types of coverage. Generally, it covers the risks of bodily injury, damage done to a client’s property, and personal injuries such as slander or libel. These coverages are all important for every contractor to have. If someone should become injured, your policy can pay for the bills instead of your business having to pay it. 

Property in Transit

Another type of contractors’ insurance protects your equipment while it is in transit from one site to another. This can be valuable coverage, as so many pieces of equipment are highly expensive, and your business is in need of them. 

There are also other types of coverage that you can add to your contractors’ coverage if needed. These can include protecting the employees of the business as well as business vehicles if chosen. Having good insurance coverage keeps your business better protected and gives you peace of mind in case the worst should happen. 

Get Contractors’ Coverage

When you’re a contractor, make sure that you have the coverage you need. Give us a call today at E.S.T.I.R. Inc. in Bloomfield, NJ to find out more and to get started.