Tuesday, April 8, 2008

Contractor Liability Insurance

In practical business life, it is quite difficult rather impractical for contractors to work without getting adequate policies as they suffer high risks of liabilities. Contractor liability insurance is a kind of insurance coverage intended to safeguard operators and contractors from unpleasant claims that may come from a broad spectrum of sources. Insurance exposures can be associated with the situations such as liability created by accidents occurring from the operations of the insured party, contractual liability, products manufactured by the insured party, etc.

There are so many companies available over the internet, providing tailored contractor liability insurance for organizations. You will have to go through the various offerings and choose the best amongst them. Following are some of the important types of contractor liability insurances:

Contractors Insurance Coverage
General Liability Insurance
Products / Completed Operations
Workers' Compensation
Builders Risk
Equipment & Tool floaters
Railroad Protective Liability
Real & Personal Property
Owners & Contractors Protective Liability Insurance
Surety Bonds
Pollution Liability


It is always better to check the proposal before committing for a policy. Check thoroughly and get the best safety for your interests.

1 comment:

bruce said...

Hi there, found this page on Google while searching for some information on UK bonds.

Does anyone know where I can find solid impartial views on UK based bonding? I need bonds for various things so ideally I am looking for a site which reviews many companies and packages. I have found JW surety bonds and they seem to be reputable but I am just not wanting to go ahead until I can read more reviews or something, especially about their contractor bonds as that's my priority.