General Contractor Insurance in Washington

Why do general contractors need insurance in Washington?

The Evergreen State is a major construction state. It is estimated that around 34,680 sole proprietors are employed in the industry, many as general contractors.

Construction sites can be dangerous to be. An accident can lead to costly liability issues for small-scale businesses, regardless of whether you are working on commercial or residential projects. Contractor insurance can protect your Washington business against accidents and delays.

Contractor insurance refers to different kinds of coverage that a General Contractor may consider.

• General Liability
• Business Owner’s Policy

Find out more about Washington contractor insurance, and learn how BizInsure can arrange A-rated coverage for your needs.

What insurance do contractors consider in Washington?

Washington contractors typically look at several different kinds of insurance. These policies will help you deal with the common risks faced by general contractors working on their jobs.

General Liability insurance

On a construction site, anything could occur. Even an innocent mistake, like placing your tools in the wrong place could cause your business to suffer when someone is injured.

Also referred to as Commercial General Liability (CGL) or “slip and fall coverage”, General Liability insurance can protect your business against bodily injury or property damage lawsuits from outside parties.

Washington contractor’s General Liability insurance typically pay your legal expenses, as well as the costs of fixing the situation, like medical bills or repairs.

Business Owner’s Policy

In the construction industry, things are not always as expected. It can be challenging to keep your promises when you are dealing with project interruptions or equipment that is damaged, among other issues.

Business Owner’s Policy (BOP) is a convenient package of insurance that protects your business against the common risks it faces every day. The BOP product includes various coverages that may suit the unique requirements of your small business. Insurance included in a BOP can vary but usually they include protection for typical small business risks such as property damage, business interruption and liability.

You can customize your BOP to include coverage options that are tailored to your company’s needs. This can be an affordable and a convenient method for general contractors to safeguard themselves from typical dangers.