What Does Contractors Insurance in Utah Cover?

Contractors insurance in Utah can be essential for financially protecting businesses from various risks associated with construction and contracting work. This type of insurance typically includes several key coverages to safeguard contractors, their employees and their clients.

Contactors Insurance in Utah

Contractors in Utah should consider the following coverage:

• General liability insurance can be a fundamental component of contractors insurance. It can help cover contractors against liability claims arising from accidents, injuries or property damage occurring on the job site. For example, if a contractor inadvertently damages a client’s property or if a third party is injured as a result of the contractor’s work, general liability insurance can help cover the expenses for repairs, medical bills and legal fees.
• Workers’ compensation insurance can assist in covering medical expenses and lost wages for employees injured on the job. Additionally, it can offer benefits for permanent disabilities resulting from work-related injuries. This insurance can help employees receive the necessary care and compensation without imposing a financial burden on the contractor.
• Commercial auto insurance can help cover vehicles used for business purposes, financially protecting against damages and liabilities resulting from accidents. This insurance can assist with repair costs, medical expenses and legal fees if a company vehicle is involved in an accident.
• Professional liability insurance can help financially cover contractors against claims of negligence, errors or omissions in their work. This coverage can be significant for contractors who provide design or consulting services, as it can help cover legal fees and damage if a client alleges that the contractor’s work caused financial loss.

• Tools and equipment insurance can assist in covering the expenses associated with repairing or replacing tools and equipment that have been lost, stolen or damaged. This coverage is crucial for contractors who rely on expensive tools and machinery to complete their work.

Learn More

For contractors insurance near you, contact Axcess Insurance.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.