Business insurance coverage, explained: Know what you’re buying
before you need it.
Five coverages most contractors carry, in plain English, with the one question you should ask about each. Pick a topic, then talk it through with us.
General liability
The work you do. The risks around it.
Discuss third-party injury and property damage exposures, the operations listed on your policy, and exclusions that may affect your work.
What work does the policy describe, and what work does it exclude?
Workers’ compensation
Protection begins with your people.
Review your employee roles, payroll, subcontractor arrangements and claims history with an agent before choosing or renewing coverage.
Do the job classifications and estimated payroll reflect your actual crew?
Commercial auto
Keep your business moving.
Review the vehicles you own, who drives them, and how they are used. Include rented vehicles and employee-owned vehicles used for work in the conversation.
Which vehicles, drivers and business uses need to be included?
Tools & equipment
The equipment behind every job.
Discuss mobile tools, scheduled equipment, storage locations and theft exposures. Ask how valuation, deductibles and security conditions apply.
What happens when equipment is in a truck, at a job site or in storage?
Cargo coverage
A closer look at what you carry.
For moving operations, discuss customers’ goods in transit, loading and unloading, storage, limits and valuation obligations with your agent.
Where does transit coverage begin and end, and how is storage handled?