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Does a general contractor need to have liability and worker-comp?
Wiki User
∙ 11y ago
You would need to carry a Workers Compensation policy if you have employees, or you come across a job requiring a owner only certificate for workers compensation. I would advise carrying a general liability policy as a GC, most commercial jobs require having one before bidding on a job.
You can message me if you would like to get quotes for these policies.
Wiki User
∙ 11y ago
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What kind of insurance do you need for a housekeeping business?
General liability.(contractor's)
How much professional liability insurance does a sole proprietor painting contractor need?
A contractor Buys Commercial Liability Insurance in the contractor class, not professional liability insurance. The amount needed is typically determined by the exposures presented or as specified by the employer.
Why does a contractor need a professional liability insurance policy?
A contractor typically needs a Commercial General Liability Insurance Policy. If the contract includes professional services, then the contractor will likely be required to carry Professional Liability Insurance, either in addition to, or in place of a CGL policy. It really just depends on the nature of the services contracted.
Where to get general liability policy for general contractor?
Contact a licensed commercial insurance agent in your area. It will be able to assist you if it do not sell the particular coverage you need by referring you to another broker. Do a search for general liability insurance for your state and hundreds of agents will show up. Make sure you use a contractor insurance specialist however.
Does your homeowner liability cover you when you clean houses as an independent contractor?
No, there is a business exclusion under the liability section. You personal homeowners insurance will not cover your Commercial activities. You will need a Commercial General Liability policy to cover your business operations.
What kind of insurance does a self employed contractor need?
A self employed contractor general liability ins., Workers comp if a corporation, but whoever is the bond company they should be able to assist in insurance coverage for the company.
What insurance should a contractor have when performing work on my home?
You should at least make sure that they are carrying $500,000 - $1,000,000 in liability limits on a general liability policy. This will protect you from any losses that they may cause such as a fire etc. You need to ask them for a certificate of insurance. Make sure you get it from their insurance agent and not the contractor.
Why would a contractor need liability insurance?
A contractor may insist on the notion of liability insurance in case any unforeseen incidents may occur, such as a roof caving in, so they can not be held accountable.
What type of license does a general contractor need?
Normally a general contractor just needs a state license. Depending on what he does he may need additional licenses.
As an independent sub-contractor are you required to get professional liability insurance?
This depends on a number of things. It's hard to say without knowing what kind of work you are sub-contracting. First determine if you need Professional Liability coverage Or Commercial Liability Coverage. They are very different products. Most General Contractors do require the subs to carry insurance. Otherwise the General Contractor will have to pay much more for insurance coverage that effectively covers his or her own activities as well as those of the sub-contractors. If the General Contractor you are doing work for already has coverage for his subs under their insurance (usually not). What is the nature of your agreement with the General Contractor. Some Contractors insurance policies cover subs while others do not.
What you need to do for being a janitor contractor?
Most of the time all you need to do is get youself a Federal Employee Identification Number through the IRS website and start your company. You will need general liability insurance and a surety bond in most cases.
You are starting a residential cleaning business Should you get general liability insurance or professional liability insurance?
You need a commercial general liability policy.
