contractor insurance

Eugene General Liability Insurance

Providing contractor general liability insurance to Eugene, OR. Request a free quote today!

What is General Liability Insurance Eugene, OR?

As a business owner, you are responsible for the safety of your employees and customers, as well as the property damage that occurs on your premises. Contractor general liability insurance protects you from financial ruin in the event that someone is injured or their property is damaged while on your property. This type of insurance can also cover third-party claims arising from your business operations.

Contractor general liability insurance is designed to protect your business from financially devastating lawsuits. It can cover damages awarded to plaintiffs, as well as your legal defense costs. If you do not have this type of insurance, you could be forced to pay out-of-pocket for these expenses, which could quickly bankrupt your business.

Why you need Contractor General Liability Insurance in Eugene, Oregon

As a contractor, you are likely familiar with the many risks that come with the job. From accidents on the job site to damages caused by your work, there are plenty of ways that you can be held liable for costs. That’s why carrying contractor general liability insurance is so important.

This type of insurance can help protect you from a variety of potential liabilities, including:

-Bodily injury: If someone is injured while you are working on their property, they may try to sue you for damages. Contractor general liability insurance can help cover the costs of medical bills and other related expenses.

-Property damage: If your work causes damage to someone’s property, they may hold you responsible for the repairs. This type of insurance can help cover the cost of repairs or replacement.

-Advertising injuries: If you are accused of infringing on someone’s copyright or causing them personal injury through your advertising, you could be held liable for damages. Contractor general liability insurance can help cover these costs as well.

Carrying contractor general liability insurance is an important way to protect yourself from the financial burden of liability claims. If you are doing work in Eugene, be sure to get covered today.

The importance of your broker

As a business owner, you’re always looking for ways to save money and improve your bottom line. One way to do this is to find a great insurance broker who can help you get the coverage you need at a price you can afford. But how do you find a broker that’s right for you?

Here are some things to keep in mind when shopping for a broker:

1. Make sure they have experience in your industry.

2. Ask for referrals from other business owners.

3. Get quotes from multiple brokers before making a decision.

4. Make sure they’re licensed and insured.

5. Ask about discounts or special programs they may offer.

By following these tips, you can be sure to find a broker that will help you save money on your contractor general liability insurance Eugene.

Terms you should know when buying contractor general liability insurance Eugene, OR

There are a few key terms you should know when shopping for contractor general liability insurance Eugene, OR:

-Coverage limit: this is the maximum amount that the insurance company will pay out for covered claims. Make sure to choose a coverage limit that meets your needs.

-Deductible: this is the amount you will need to pay out of pocket for a covered claim before the insurance company steps in. A higher deductible will result in lower premiums, so choose an amount you can comfortably afford to pay if needed.

-Claims history: be sure to check an insurer’s claims history before buying a policy. This will give you an idea of how they handle claims and what kind of financial stability they have.

-Policy exclusions: make sure to read the fine print of any policy you’re considering so you’re aware of any excluded coverage. This way, you can make an informed decision about whether or not the policy is right for you.