Contractors Insurance in Los Angeles, CA
Protect Your Valuable Assets
General contractors, protect yourselves, your employees, and your commercial assets with the right contractors insurance in Los Angeles, CA.
As the owner of a general contracting business, you have a lot of responsibility resting on your shoulders. Not only are you responsible for making sure that business operations proceed smoothly, but you also need to watch out for commercial liability and property damage issues. Fortunately, having the right contractors insurance in Los Angeles, California is a great way to secure the comprehensive protection that your business needs. Here’s what contractors insurance from Artisan Insurance Solutions can do for you.
What is Contractors Insurance?
Contractors insurance is a collection of coverage options that combine to offer your business protections against its unique risk factors. While there are many different commercial insurance options that you can secure for your contracting company, there are a few that are absolutely essential.
Every general contractor should carry the following types of insurance:
- Commercial General Liability –Commercial general liability insurance offers coverage for third-party claims of bodily injury, property damage, advertising injury, and other losses.
- Commercial Property – – Commercial property insurance offers coverage for your business’s physical building along with the equipment, supplies, inventory, and other property housed within it. This coverage protects against the damages or losses caused by a break-in, act of vandalism, fire, extreme weather event, and so on.
- Commercial Auto – Commercial auto insurance offers protection for company vehicles and the employees that operate them. This type of policy offers bodily injury liability, property damage liability, and medical payments coverages. This type of policy can also extend coverage to the personal vehicles that your employees operate for commercial purposes.
- Surety Bonds – Surety bonds are client guarantees that your business can fulfill the terms of the job while simultaneously protecting your clients against any liability or malpractice issues that might arise as a result of your work.
- Workers Compensation – Workers compensation is a required commercial coverage if you have employees working for your company. This type of insurance offers coverage for employees that are injured or become ill while on the job. Should the injured workers decided to waive their workers comp benefits in favor of suing your company, then your workers compensation insurance can be used to cover your legal defense costs.
In addition to these standard coverages, you should also consider securing professional liability insurance, excess liability insurance, business interruption insurance, and so on to protect your business from additional commercial risks.
Interested in learning more about what the right contractors insurance in Los Angeles, CA can do for you? Then don’t hesitate to contact the experts at Artisan Insurance Solutions. Our dedicated team is ready to assist you with all your coverage needs today.
Disclaimer: These are general descriptions of coverages. Please refer to your policy for actual coverage, limitations, & exclusions. Please call for details.
