Also called business liability insurance or a commercial general liability (CGL) insurance, contractor’s insurance is a powerful tool that can give peace of mind to small businesses, entrepreneurs, gig economy workers, as well as traditional contractors (such as plumbers, electricians, roofers, lawn care professionals, and so on). A contractor’s insurance can protect your business or service against a wide range of losses. This includes damage or losses related to:
Your own property
Your customers’ property while you or your team are at their site
Your tools, equipment, and other business assets
Lawsuits against your business or services.