Coverage
The policy every general contractor asks you to prove before you set foot on site.
Who needs it: Any contractor whose work could injure someone or damage property. In practice that is every trade. A general contractor who hires you will almost alw...
Get a quoteA licensed specialist will follow up with real numbers.
These are the gaps that turn into denied claims, so it is worth knowing where this policy stops.
Any contractor whose work could injure someone or damage property. In practice that is every trade. A general contractor who hires you will almost always require it in writing before you start, along with additional insured status and a waiver of subrogation.
One million per occurrence and two million general aggregate is the common contract requirement. Larger commercial projects and public work usually require two million per occurrence or more, often with an umbrella above it.
There is no single price, because the price follows your operation rather than the policy name.
Not unless you add them as an insured or they carry their own policy. If a sub's work causes damage, the claim can come to you because you hired them. That is why general contractors require certificates from every sub, and why we recommend checking them rather than collecting paper.
It covers claims that arise after your work is finished, which for construction is where most of the money is. A cheap quote sometimes omits it. A general contractor who requires additional insured status for completed operations is telling you they know the difference.
Per occurrence is the most the policy pays for any one claim. Aggregate is the most it pays in total across the policy period, no matter how many claims. A two million aggregate with a one million occurrence limit is the standard shape.
Yes. You can injure someone or damage property on your own. Working alone removes the employee exposure, which is workers compensation, not this.
Tell us your trade, payroll, state and what your contract requires.
