General Liability Insurance for the Construction Industry

Risk is an inherent part of working in the construction industry. This is why general liability insurance is an essential financial tool for businesses involved in construction. Whether you manage a large crew or are a solo contractor, the right general liability coverage can help protect your business financially and meet client and regulatory requirements.

What Is General Liability Insurance?

General liability insurance policies may offer the following coverages:

• Bodily injury coverage may help with medical expenses and your legal costs if a third party (excluding employees) is injured on your business premises or because of your operations.
• Property damage coverage may help with repairs or replacements if your business operations cause damage to a third party’s property.
• Personal and advertising injury coverage may help with your legal costs due to claims of defamation, copyright infringement, or slander.

What Isn’t Covered by General Liability Insurance?

General liability coverage offers broad financial protection, but doesn’t cover everything. Consider additional policies for the following:

• Workers’ compensation—This may assist with employee injuries while on the job.
• Commercial auto insurance—This may cover vehicles used for business operations.
• Professional liability insurance—This may cover consulting mistakes or errors as outlined in your policy.
• Builder’s risk insurance—This may cover damage to structures under construction as outlined in your policy.

Why Do Construction Businesses Need General Liability Insurance?

Construction sites can be fast-paced and chaotic. No matter how robust your safety protocols are, accidents can and do happen. Without appropriate coverage, your business could face significant financial losses for a single incident.

Contact Us

General liability insurance can be critical coverage for your construction business. The team at The Sims Group Insurance Agency in Riverdale, GA is here to help you find a policy that fits your needs and budget. Contact us today for a quote or more information.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.