Contractors Insurance

As a contractor with your own equipment and tools of trade, you are essentially operating you own business and it’s only sensible to protect your business assets from theft or damage. Naturally, if you have a vehicle you use for work, it would be wise to take out comprehensive auto insurance policy. Insurance for contractors can be a confusing area. If you’re unsure as to whether you are considered a contractor or employee for workers’ compensation insurance, or uncertain as to the types of insurance coverage you need as a contractor. Davis Insurance Group has a variety of insurance options for contractors.

Our aim is to make sure you spend only what you need to. Some exposures are easy to spot; however, others take time and attention. For example, how does one quantify the potential loss due to an accidental pollution spill, and how is that information properly related to the coverage provided by the insurance policy? Are general contractors requiring specialized certificates of insurance, and does your policy adequately provide the necessary coverage to satisfy these contractual demands? What are your bonding needs? Are you properly protected from a claim arising from rented equipment? These are just a few of the questions our insurance experts are trained to ask. Davis Insurance Group identifies exactly what your needs and exposures are.

We have designed a survey form, just for contractors, to make sure that we do a thorough job of discovering all of the exposures so your business is protected properly.

Through Our Contractors Insurance Programs, We can Provide :

• Professional Indemnity- It can cover contractors against claims for negligence, unintentional breaches of intellectual property, loss of data, or documents and claims for dishonesty.

• Employers Liability-covers employees for any injury sustained at work. Normally, contractors must have this insurance by law, even if you are the sole ’employee’ of your limited company

• Public Liability-also known as “general” or “product” liability insurance. It covers your company against third party claims. It will also cover you if you accidentally damage property at your client site

Contractors may also be interested in covering themselves against computer damage and/or office contents insurance. Contact Davis Insurance Group today to ask about which Contractors Insurance options may be right for you.