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Commercial General Liability Insurance in Ocala, FL

Do you have general liability insurance for contractors?

As a general contractor or artisan contractor, having proper insurance coverage can be essential to financially protect your business from lawsuits, claims for damages and other liabilities that could arise during the course of your work. Without adequate general liability protection, a single large claim could devastate your contracting company’s finances.

What Is General Liability Insurance for Contractors?

This type of liability insurance for contractors can be essential for protecting businesses from potential lawsuits and claims. It can offer financial coverage for risks such as third-party bodily injury or property damage resulting from business activities. Examples of those who may need this coverage include general contractors, roofers, carpenters, plumbers, electricians and landscapers.

Clients may also require proof of liability insurance before working with your business, and some cities or states may mandate it for permits or licenses.

What Does General Liability Insurance Cover for Contractors?

This type of liability insurance for contractors may financially cover the following:

  • Bodily injury—If a customer gets injured at a job site where you’re working, your insurance may financially cover legal, medical and settlement costs.
  • Property damage—If your work damages a client’s property, general liability insurance may help cover the costs associated with the incident.
  • Advertising injuries—General liability insurance may also help cover the cost of libel and other advertising-related claims.

How are Insurance Premiums Calculated for Contractors?

The cost of insurance premiums for contractors can vary based on the following factors:

  • Location—Premiums may depend on where your business operates as different regions have varying risk levels.
  • Type of work—The nature of your contracting services may affect rates. High-risk trades may pay more.
  • Years in business—Experienced contractors may qualify for better rates.
  • Annual Revenue—Larger businesses may pay higher premiums.
  • Coverage amount—The policy limit can influence premiums.
  • Deductibles—Higher deductibles may lower premiums.

Contact Affiliated Agency of Ocala to discuss your insurance needs. We can provide a policy quote based on your specific operations.


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