Maintenance Contractor’s Insurance
Maintain Your Financial Stability
Running a contractor job is no easy feat. Between managing clients, employees, and various job sites, you also have to ensure your business remains protected from unforeseen circumstances. Fortunately, that’s what maintenance contractor’s insurance is for. When it comes to managing a contracting business, it’s important to know that you are covered in every possible scenario. Whether an employee is hurt on the job or damage is inflicted on a client’s property, maintenance contractor’s insurance has your back. Stop paying out of pocket every time an emergency pops up. Sitting with a Sure Trust broker and discuss which options work best for regarding an affordable policy.
Maintenance Contractor’s Insurance Includes:
What is a BOP?
If you own a contracting business then you’re going to want a Business Owner’s Policy (BOP). A BOP provides you with a comprehensive package consisting of three insurance policies: Business liability, business property, and business income for reasonably lower rate.
Property Damage
Mistakes are bound to be made on the job from time to time. In the event that a contractor creates sizable damage to a client’s property, property damage coverage will provide the money necessary for repairs. This can help prevent further disputes from occurring including litigation.
Worker’s Compensation
Contracting is dangerous business. If one of your employees is injured on the job, worker’s compensation will provide them with a steady flow of income until they are able to return. In addition to this, worker’s compensation also cover medical costs incurred as a result of a work-based injury.
Theft Coverage
This form of insurance is for incidents of theft or dishonesty. In the event that items of value are stolen from a client’s property by an employee, theft coverage will cover the cost of replacing whatever was stolen.
Liability Coverage
In the event that you find your business under litigation or a legal dispute due to negligence or property damage, liability coverage will cover the cost of lawyer and settlement expenses, and other legal fees.
For additional questions don’t hesitate to speak with a Sure Trust Insurance Professional today!