What is a "General Liability" policy?
Pays for the damage you or your employees may cause while working on someone else's property. Why do I need the general liability insurance?
Many clients require a proof of liability insurance before hiring a contractor. The general liability insurance protects a contractor from a law suit
resulting from his actions or omissions.
Does the general liability cover contractor's tools?
No, it does not unless a contractor requests the coverage and the company is willing to offer it.
What is a "Professional Liability" insurance?
Also known as "Errors and Omissions" Insurance - protects a contractor from a law suit resulting from a professional error.
What is a "Builder's Risk" policy?
A policy that covers building only up to a stated value while it is under construction.
Does builder's risk insure me for liability?
No, it does not, but you can purchase a general liability policy.
Does the builder's risk policy insure a building once the construction is completed?
Most builder's risk policies do not. A vacant dwelling requires dwelling fire policy.
What is a "worker's compensation" policy?
Pays for the bodily injury to your employee.
What's a bond?
Some townships require a bond to protect their residents from a downpayment theft by a contractor. In case of a claim the bonding company returns the
downpayment to the resident. | 
