A well-protected general contractor typically requires the following insurance types:
- General Liability Insurance – covers third-party bodily injury, property damage, and legal defense costs if accidents occur onsite.
- Workers’ Compensation Insurance – required in most states when you have employees; covers medical expenses and wage loss if workers are injured on the job.
- Commercial Auto Insurance – mandatory if you operate vehicles for business use, protecting against accidents and cargo damage.
- Professional Liability (E & O) – protects against claims of negligence, faulty workmanship, or unmet contractual obligations.
