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Whether you’re working on a building site or have an independent operation, there are inherent risks to working as a contractor.
Similar to Commercial General Liability Insurance, Contractor’s Insurance can protect you in the event of property damage or bodily injury on the jobsite. At Collings Insurance Brokers, we help you identify and manage those risks so you can move forward with confidence.
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How Contractor’s insurance can protect you.
Contractor’s Insurance helps protect independent contractors and construction businesses from the financial risks associated with their work.
As a contractor, you are responsible for delivering high quality work in a safe environment. Contractor’s Insurance combines several coverages tailored to your specific needs and helps protect your business in the event of property damage or bodily injury at the job site.
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Coverage for what’s important to you
Contractor’s Insurance is designed to protect against unforeseen events on the job site including:
Bodily injury
Property damage
Damage or loss of tools and equipment
Damage or loss of materials
Coverage Highlights
Have a unique need? Reach out, and we’ll find the right coverage for you.
Covers owned, rented or leased equipment against risks like theft, vandalism, fire and accident damage both on or off the jobsite.
Covers materials, equipment and supplies a contractor is responsible for while they are being transported to, stored at, or installed on a jobsite.
Covers bodily injury or property damage on the premise where you may be found liable.
Frequently Asked Questions
Contractors should carry Commercial General Liability (CGL) insurance to protect against third-party injury or property damage claims. Additional coverages such as tools and equipment insurance, installation floaters, commercial auto insurance, and WSIB.
While contractor’s insurance isn’t legally required in all cases, many clients, general contractors, or municipalities require proof of liability insurance and other coverages before awarding a job or issuing permits. It’s also critical protection for your business against costly lawsuits or equipment losses.
Legal expense insurance helps cover the cost of hiring a lawyer and going to court for common legal disputes. For contractor’s, this can include contract disputes with clients or subcontractors, cebt recovery from non-paying customers, defense against regulatory or tax audits, property or boundary disagreements, and access to a legal advice helpline.