Many contractors face a high amount of liability risks at the worksite including worker injury and property damage. Personal injury, advertising injury, and completed products can also carry dangers of liability claims. Contractor general liability insurance protects you from these risks.
The policy provides coverage for bodily injury and property damage in the event the insured is legally responsible. General liability also provides coverage for liability arising from personal injury and advertising injury, medical expenses, accidents occurring on the premises or away from the premises and products, or completed operations. Also, coverage includes defense costs.
Personal Injury or Advertising Injury
This coverage is designed for injuries other than bodily harm including false arrest, malicious prosecution, invasion of privacy, and damage to reputation. Advertising injury refers to harm caused by an advertisement such as libel or slander.
Products and Completed Operation Injury
When damages occur that relate to items manufactured, sold, or distributed by your business, this policy provides coverage for the accumulated costs. It also provides coverage for completed operations. This work is completed, built, installed, or distributed for the intended use.
This provides coverage for medical expenses related to bodily injury that occurs on the premises owned or rented by your business. It also covers injuries related to your business operations. No party is liable for the medical claim payment.
Fire Damage Limit
This provides coverage for fire damages to rental premises due to the negligence of the insured.
Liquor liability is important for any business involved in alcoholic beverage manufacturing, sales, or distribution. It provides coverage in the event that bodily injury or property damage is caused by an individual whom you’re legally responsible for causing or contributing to the intoxication. Additional charges include furnishing alcoholic beverages to a person under the legal drinking age or under the influence of alcohol and violating any statute, ordinance, or regulation relating to the sale, gift, distribution, or use of alcoholic beverages.