• Home
  • Get A Quote
  • Customer Service
  • Refer a Friend
  • About Us
  • Location Map
  • Employee Directory
  • Privacy Policy
  • Contact Us
Call Us Call Us Today | 864.964.0622
Select Insurance, LLC
Get A Quote Now
  • Home
  • Get A Quote
  • What We Offer
    • Automobile
    • Bonds
    • Business & Commercial
    • Dental
    • Farm
    • Flood
    • Health
    • Homeowners
    • Life
    • Motorcycle
    • Recreational Vehicle
    • Renters
    • Trucking
    • Vision
    • Watercraft & Boat
    • Windstorm
  • Customer Service
  • File a Claim
  • Make a Payment
  • Blog
  • Resources
    • Important Links
    • Important Files
    • Partners
    • Refer a Friend
  • About Us
    • About Select Insurance, LLC
    • Customer Testimonials
    • Employee Directory
    • Our Locations
    • Privacy Policy
  • Where We Serve
    • Abbeville
    • Anderson
    • Greenville
    • Spartanburg
    • Honea Path
  • Contact
Auto Insurance AUTO

Auto insurance protects you against financial loss if you have an accident.

Read More
Home & Renters Insurance HOMEOWNERS

A standard policy insures the home itself and the things you keep in it.

Read More
Business Insurance BUSINESS

Discover the perfect insurance options to meet your specific and unique needs.

Read More
Life Insurance LIFE

Browse a variety of insurance options in order to find the right one for you.

Read More
Motorcycle Insurance MOTORCYCLE

Learn about different coverage options that fit your specific needs.

Read More
Boat Insurance BOAT

Finding insurance doesn't have to be difficult. We do the work for you.

Read More
Home > Blog > Coverage That Contractors Might Need
WEDNESDAY, JULY 15, 2020

Coverage That Contractors Might Need

Contractors Working On Building

Contractors provide a variety of services, from construction to plumbing and electrical maintenance. You will need insurance coverage to protect not only your business, but also your customers. Consider some of the policies you might need to add to your portfolio.

What Is Insurance For Contractors?

Like most business owners, contractors need a variety of insurance policies. Each will apply to different property and liability risks present in their line of work. When hazardous events occur, a claim on the appropriate coverage will help you fix costly problems without a massive financial loss.

Consider some of the coverage that might be best for you:

BOPs

Business owners policies (also called BOPs) offer several critical pieces of insurance in one place. These include:

  • Property Insurance that pays for damage to your commercial belongings and buildings. Coverage can pay following such events as fires, theft or certain weather damage.
  • General Liability Insurance pays for harm that you negligently cause to someone else. It might pay for the injuries or property damage to third parties (like clients) for which you are responsible.
  • Business Interruption Insurance helps you recoup expenses if you must shut down after a problem in the business.

BOPs are a great starting place for most small businesses. They let you get comprehensive protection in one place, and you can usually augment yours with more specific protection.

Completed-Operations Insurance

Make sure your liability insurance contains products & completed operations liability coverage. Products coverage pays when an item you make harms someone else. Completed operations coverage will continue to insure you against liabilities after you complete a job. Therefore, if the problem occurs later, protection still exists.

Commercial Auto Insurance

When driving for business, personal auto insurance will not cover your vehicle. A commercial auto insurance is more appropriate. It will contain coverage tailored to the investment the business has in the vehicle. Therefore, after accidents or other vehicle losses, coverage can pay for the recovery.

Inland Marine Insurance

When you transport equipment and materials to a job site, you need those items to have protection. Inland marine insurance is the coverage that applies to these items. You can insure equipment at a job site, along with materials that you plan to install during the job.

Workers Compensation Insurance

If employees get hurt on the job, or sustain a long-term injury, then they might have a right to workers compensation. Coverage can pay for their medical bills, rehab costs and income lost as a result of not being able to work. Most businesses must carry this coverage.

A myriad of other policies that might help you insure your contracting business. Don't hesitate to talk to one of our agents about the best way to set up your coverage.

Get A Quote

Posted 12:00 PM

Tags: contractors insurance, business insurance, commercial insurance, select insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2011
  • 2010
  • 2009
  • 2008

  • select insurance(42)
  • business insurance(13)
  • auto insurance(10)
  • car insurance(10)
  • home insurance(6)
  • commercial insurance(4)
  • commercial auto insurance(4)
  • contractors insurance(3)
  • motorcycle insurance(3)
  • life insurance(2)
  • general liability insurance(2)
  • workers compensation insurance(2)
  • insurance(2)
  • covid-19(2)
  • classic car insurance(2)
  • liability(1)
  • moving(1)
  • construction insurance(1)
  • renters insurance(1)
  • flood insurance(1)
  • umbrella coverage(1)
  • boat(1)
  • foremost insurance(1)
  • roadside assistance(1)
  • upstate south carolina(1)
  • hurricane(1)
  • pet insurance(1)
  • boat insurance(1)
  • preparedness(1)
  • hurricane insurance(1)
  • umbrella policy(1)
  • personal umbrella insurance(1)
  • home(1)

View Mobile Version
Facebook
Twitter
LinkedIn
Allstate
Progressive
Safeco
Travelers
Foremost
National General
Great American
Twitter

Resources

About Us Get a Quote Join Our Mailing List Contact Us

Contact Us

Map
  • Primary Location
  • 1026 S Main Street
  • Anderson, SC 29264
  • –
  • O: 864.964.0622
  • F: 864.964.1636
  • Click for other office locations
© Copyright 2021. All rights reserved.
Powered by Insurance Website Builder