contractor insurance

Pomona General Liability Insurance

There are many decisions like contractor general liability insurance Pomona, CA that need to be made before becoming a contractor. Learn about different aspects of the business, including the initial cost and ongoing expenses.

Why would I need Contractor General Liability Insurance Pomona, CA?

As a contractor, you are likely to face a variety of risks while working on your projects. Some of these risks can be mitigated by having the right insurance in place. Contractor general liability insurance can help protect you from financial loss if you are found liable for damages or injuries that occur during your work.

For example, if you were to accidentally injure someone while working on a project, contractor general liability insurance would help cover the cost of medical bills and any resulting legal fees. Similarly, if you damage someone’s property during your work, your insurance would help pay for repairs or replacement costs. In some cases, contractor general liability insurance can also provide coverage for lost income if your work is interrupted due to an accident or disaster.

While contractor general liability insurance is not required by law, many clients will require proof of this coverage before hiring you for a job. In some cases, such as when working on government projects, failure to have the appropriate insurance in place could result in being barred from bidding on future work.

Overall, contractor general liability insurance provides financial protection in the event that something goes wrong during your work. It can help you avoid financial ruin and keep your business running after an accident or disaster occurs. For these reasons, it is an important part of running a contracting business.

What Types of General Liability Coverage Pomona are there?

There are four types of CG coverage: property damage, bodily injury, personal and advertising injury, and medical payments.

1. Property damage covers damages to someone else’s property that your business caused.

2. Bodily injury covers bodily harm that your business causes to someone else, including death.

3. Personal and advertising injury covers injuries to people that result from false advertising or slanderous comments made by your business.

4. Medical payments cover reasonable expenses for medical or funeral services incurred by someone who is injured on your business premises.

Who’s Covered?

Assuming you’re referring to the blog article titled, “Contractor General Liability Insurance in Pomona, CA,” the first section under the subheading “1. Who’s Covered on the Coverage?” reads as follows:

“General contractors are held liable for any damages or injuries that occur on the job site. This includes bodily injury, property damage, and personal injury (such as defamation or slander). If you’re found liable, your contractor general liability insurance policy will cover the cost of damages awarded to the plaintiff, up to your policy’s limit.”

What Should I do to Get Started on a Quote?

If you’re ready to get started on a quote for contractor general liability insurance in Pomona, CA, the first thing you’ll need to do is gather some basic information about your business. This includes your business name and address, the type of contracting work you do, an estimate of your annual revenue, and the names and contact information for any subcontractors you use. You’ll also need to provide some details about your insurance coverage needs, such as the types of projects you typically work on and what kinds of risks you are looking to insure against. Once you have this information handy, you can reach out to insurance providers to start getting quotes.