Who Should Consider Contractor’s Insurance?

Chris L • September 4, 2019

As a business owner, you need to have all your bases covered to protect your company. When it comes to insurance, this might mean establishing a contractor’s insurance policy. Here are the FAQs to help you determine whether this coverage is right for you.

What is contractor’s insurance?

This coverage protects your business from obligations resulting from work-related incidents. If your business is threatened by lawsuits or other liabilities, contractor’s insurance can shelter you from these costs.

What is provided by contractor’s insurance?

Basic business liability, worker’s compensation, and commercial automotive coverage may be included with contractor’s insurance. Typically, these policies can also be tailored to meet the unique needs of your business. You may need coverage for mobile equipment, personal property, materials that are being installed, or post-project claims.

Who needs contractor’s insurance?

A wide range of professionals can benefit from contractor’s insurance. These include independent tradesmen, subcontractors, and contractors. Trades that most often need contractor’s insurance include construction, plumbing, carpentry, landscaping, painting, electrical, HVAC, masonry, and flooring.

How much does contractor’s insurance cost?

Premiums for contractor’s insurance vary by policy. The type of work that you do and the risks you encounter determine the rate. It is important to customize your coverage to match your specific business. Reach out to our office to review the needs of your business and receive a personalized quote. Whatever your industry, the cost of not having contractor’s insurance can easily outweigh the cost of coverage.

< Older Post Newer Post >

Business Owners, Do You Know What Cyber Insurance Covers (and Why You Need It)?

By Marketing • June 27, 2023
Reasons to hack your business can range from simply proving it’s possible to acquiring a ransom. The dark web is rife with sensitive data for sale, including Social Security numbers and company trade secrets. It’s also a place to score malware starter kits or ways to exploit vulnerable code. While many known hacks are reported, […] The post Business Owners, Do You Know What Cyber Insurance Covers (and Why You Need It)? appeared first on RPM Agency.

Taking Proactive Steps to Protect your Home

By Marketing • June 28, 2021
n the past year, many of us have deepened our appreciation of the security and sanctity of our homes.  While we are quite eager to reengage in social events, in-person professional networking, and larger gatherings outside of its walls, we realize how fortunate we are to have a place we call home. A home purchase […] The post Taking Proactive Steps to Protect your Home appeared first on RPM Agency.

Restoring the Most Basic Element of Freedom

By Marketing • June 28, 2021
Freedom.  It is a concept we have been focused on a lot in the last year. When our freedom to do what we desire without government oversight and to travel without boundaries was hijacked by COVID-19, we quickly realized how much we value our ability to live without restrictions.  Fortunately, for most of us, this […] The post Restoring the Most Basic Element of Freedom appeared first on RPM Agency.

The Devastating Impact of Cyberattacks on Small Business

By Marketing • June 25, 2021
April 2021   The Devastating Impact of Cyberattacks on Small Business The disturbing truth is that cyberattacks are on the arise at alarming levels.  Businesses in our community and across the globe are suffering significant financial impacts, lost productivity, and reputational damage as the result of cybercrime.  Could your business survive a cyberattack?  The encouraging news […] The post The Devastating Impact of Cyberattacks on Small Business appeared first on RPM Agency.

Can I Get Home Insurance without Cutting Down All of My Trees?

By Marketing • June 25, 2021
May 2021  Can I Get Home Insurance without Cutting Down All of My Trees?   This is a question asked by most residents of our mountain community.  According to RPM Agency, the answer is a qualified, “yes.” Although there is a balance that can be struck between going to the extreme of cutting down every tree […] The post Can I Get Home Insurance without Cutting Down All of My Trees? appeared first on RPM Agency.

Are You Covered

By Marketing • June 25, 2021
June 2021 Is Your Business Underinsured? Being Proactive with an Insurance Plan Will Protect Your Investment How wonderful to once again meet clients face-to-face, attend Chamber of Commerce networking events in person, and make plans to be in the Rodeo Parade! Like so many other businesses, RPM Agency is grateful to fully engage in serving […] The post Are You Covered appeared first on RPM Agency.

New Year: New Thinking

By Chris L • January 11, 2021
As we welcome a new year of promise and pledge to rise above the chaos and catastrophe of the past year, I suggest we retain one important lesson from 2020:  Think Differently.  If there has been one certainty to emerge from an otherwise tumultuous year, it is this: engaging in new, creative thinking is key […] The post New Year: New Thinking appeared first on RPM Agency.

Support Local Businesses

By Chris L • December 11, 2020
Help Our Merchants Get Back to Business We’ve all see the “Shop Local” and “We’re in this Together” messages of encouragement.  They are positive tag lines designed to promote community engagement in local business.  Yet they are so much more than timely slogans.  Our local merchants depend on the patronage of our mountain community, and […] The post Support Local Businesses appeared first on RPM Agency.

The Gifts of 2020

By Chris L • December 3, 2020
The Gifts of 2020 We’re just nine days into December and I’ve already received so many gifts!  Not presents wrapped in shiny paper with brightly colored ribbons, but gifts from the heart and soul of our mountain community which I’ve called home for more than 40 years.  Looking back on 2020, I am grateful for […] The post The Gifts of 2020 appeared first on RPM Agency.

Customize Your Coverage to Protect Your New Business Model

By Chris L • September 12, 2020
Our local businesses are terrific examples of resilience.  It is great to witness how our merchants and service providers have adjusted their operations to meet customer needs despite the ongoing, and often changing, COVID-19 health and safety requirements. Safeguard Your Virtual Business If you are one of the many business owners shifting gears to work […] The post Customize Your Coverage to Protect Your New Business Model appeared first on RPM Agency.
Show More