Contractors face unique risks and responsibilities every day, from managing crews to working on job sites with tight deadlines. Appropriate small business insurance can support your operations and help you navigate unexpected situations.
Policy Options
Contractors often consider general liability, commercial auto and workers compensation policies. These types of coverage relate to common exposures like property damage, employee injuries or vehicle-related incidents. Depending on your trade and the scope of your work, you may also want to explore inland marine or professional liability options.
Coverage Limits
Coverage limits depend on the size of your business, the value of your assets and the nature of your contracts. Some clients may require specific limits before hiring you, especially for larger projects. Reviewing your financials and discussing your operations with an agent can help you select limits that reflect your business activity.
Managing Costs
Contractors can manage costs by reviewing deductibles, bundling policies or adjusting coverage limits based on business needs. Working with an agent who understands your trade can help you identify areas where adjustments make sense.
Reviewing Coverage
Growth can affect your insurance needs, especially if you hire more employees, buy new equipment or expand your services. Review your coverage when these changes occur so your policies reflect your current operations.
Contact Us
If you're ready to explore small business insurance options tailored to contractors in Tomball, Texas, contact Insurance Discounters of Texas today to speak with an agent.
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.