Contractor insurance with general liability coverage will cost, on average, $142 per month. Rates can be affected by multiple factors, such as the type of coverage a contractor purchases, the number ...

General liability insurance for electrical contractors costs, on average, $48 per month. The total cost of coverage will depend on the type of insurance purchased, the coverage limits selected, the ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

General liability insurance protects your business from potential lawsuits and other claims and may be required as part of a contract. Many, or all, of the products featured on this page are from our ...

Are Contractor Insurance and General Liability Insurance different? The short answer is yes. Contractor Insurance refers to a bundle of policies that are specifically relevant to contractors and ...

It is critical for contractors to understand the insurance requirements in construction contracts, as these projects carry very high levels of liability and risk. Construction involves moving ...

As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking ...

General liability insurance protects businesses against claims that they’ve harmed a person or their property. Many, or all, of the products featured on this page are from our advertising partners who ...

The takeaway of this article is for you to consider updating your clients' insurance requirements to require a specific additional insured endorsement. This endorsement requires a lower-tier ...

Virtually every small business needs a license to operate. Depending on your location and the type of business you run, you may even need multiple business licenses and permits. General contractors ...

COIs verify business insurance coverage, outlining policy type, effective dates, and limits. Unlike insurance binders, COIs are issued for active policies after underwriting is complete. Businesses ...