Do I Need Liability Insurance for my Construction Company?

Published on August 24, 2018 by James Shomin

Running a successful construction company is about managing a thousand different details and still keeping sight of the big picture.  You understand that missing a minute detail on a blueprint could mean disaster for your building project. The same applies to your business blueprint.  Business Liability Insurance is an important detail you do not want to overlook. Failure to have the proper type and amount of insurance could result in fines from the state, loss of business or even jail time.

Having affordable and tailored insurance at your back will not only protect you in the event of an accident (ie. client injury, property damage, client dissatisfaction, etc.), it will also give you the peace of mind to run a great business.

Every day contractors are losing bids/jobs because they lack the proper insurance. Customers are demanding proof of insurance before committing to a building project.  Take a little time today to assess your company’s insurance needs. Ask yourself, “Do I have the Liability Insurance I need?”  If you already have a great insurance company and policy, then that’s one important detail that you’ve taken care of successfully. If you haven’t yet found the right company, the Builders License Training Institute has partnered with Next Insurance to help you get affordable business insurance.