Covering the Risks of Contracting Projects

sb one insurance

When the real estate industry is thriving, it can be a good time for those in contracting to find projects building homes, commercial buildings, or remodeling existing structures. Taking care of your client’s project and your employee’s safety are priorities, and an accident can create devastating financial aftereffects. Protecting your business from the legal and financial concerns of a work-related accident is best done through contractors’ insurance. As explained on, this policy can protect from lawsuits and liabilities by offer coverage in areas of general liability and commercial auto.

Who Will Need Coverage?

There are several different types of contracting positions, such as contractors, independent tradesmen, and subcontractors, so anyone providing a service to another by way of repairs, maintenance, or construction should consider our chasing this coverage. Service areas could include:

  • Construction
  • Carpentry
  • Plumbing
  • Electrical
  • Landscaping
  • Painting
  • Heating and Air Work
  • Flooring installation
  • Handyman assistance
  • Masonry
  • Pressure washing

Some of your clients may not require a specific type of insurance coverage, while others will want to the extent of your policy and its limits. It is always wise to carry a policy when bidding for jobs. Even with the best of intentions, accidents can happen. The cost to purchase a policy will be relative to your trade and the risks you face, but it is much better to spend the extra making sure you are covered than having an incident and not having the funds.