Posted on May 19, 2014
North Carolina, as far as a prospective state for contractors, is on the rise. Many skilled and able contractors are all fighting for those new projects that will help their businesses grow. Yet, many up-and-coming contractors run into a couple of issues when trying to secure these projects. Proof of insurance tends to be one of those issues and certain contractors then scramble to find some sort of idea as to what they require to get it. Generally speaking, anything that gets in the way of growing your business or securing that ideal project is going to cause some worry, yes? The easiest way to help deal with that is to grow your understanding of the best coverage to help you get past those hurdles. That coverage is in fact, general liability.
Why is General Liability so important?
General liability insurance is a type of coverage offered by many insurance agencies and is ideal for the growing contractor in North Carolina. In fact, it?s not just ideal, it?s required by law! But how does general liability coverage work and how does it protect your business? To put it bluntly, general liability insurance casts a protective net over you, your assets, and your business. This coverage makes it so that any accidents, work-related injuries, or damages incurred during the job don?t lead to a lawsuit that you personally cannot afford while scaling your contracting work. This coverage can even be extended to any sub-contractors that you work with to tackle those bigger projects. General liability stands as the most basic coverage every contractor should carry on them when developing new client relationships or seeking those prime projects.
The more your business will grow, the more likely that you will require a general liability policy to work with certain clients. Taking the initiative and grabbing general liability insurance early will put you ahead of the pack so when that job comes around, you?ll be ready for it.
Sounds great, how do I get my quote?
Now that you?re more informed on general liability insurance, how do you go about getting a quote? With Insurance321, we take the utmost care in making sure you get the coverage you need at the right price. Either by calling us directly or by filling out our simple online form, we?ll set you up with our ideal agent that will get you that desired quote to keep your contractors business running smoothly.