All About Insurance

General contractor liability insurance is one of the most common types of insurances that you can get from a contractor. This is given to clients in order to protect their interest when building a house. This insurance will cover all the damages caused by an accident associated with the contractor's liability, and will ensure that you will always get the best service from the contractor. There are different types of insurances that you can choose from. It depends on your decision on which part of the construction will be covered with the insurance, and this can reach up to several millions of dollars depending on your choice. However, there are also a few factors that can affect the scale of liability insurance that you will receive from a general contractor. These are: Gross recipientsPayroll costWork doneLiabilities covered Think of it as insurance that you are purchasing for your car. The liability insurance that you will get from a general contractor will act as a safety net, g...

Do you currently run your own business and you already have a bunch of other types of insurance policies and someone recommended that you get public liability insurance? The question on your mind will naturally be "What is public liability insurance and why would I need it" Also known as PLI, this particular type of insurance policy is the type that will cover any type of risk of liability that a company may have to pay a client or customer if he or she sustains an injury while they are on the company's premises. PLI will also cover the risk if a business also causes damage to a customer's or client's property. In addition to this, PLI also compensates business owners for legal fees while they are defending their business due to claims. This insurance policy is particularly vital because even if the court does not grant damages, business owners will still need to pay colossal legal charges, no thanks to outrageous claims. What is public liability insurance and is ...