Author: mikedemko
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What Is Contractor Insurance?
DEFINITION: Contractor insurance consists of insurance coverage policies that protect contractors from financial losses caused by unexpected events, such as property damage, on-the-job injuries, equipment failure, theft, etc. Definition and Example of Contractor Insurance Contractor insurance is insurance for contracting businesses, such as builders, electricians, and plumbers, that includes coverages for third-party liability, business property, and…