Author: mikedemko

  • 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…