General Liability Insurance is a crucial form of coverage for construction companies, as it protects them from potential financial losses due to third-party claims of bodily injury or property damage. In the construction industry, there are numerous risks present on job sites, such as accidents involving workers or damage to neighboring properties. General Liability Insurance helps mitigate these risks by providing coverage for legal expenses, medical costs, and repair or replacement of damaged property. It also offers protection in the event of lawsuits, settlements, or judgments resulting from these types of incidents.Additionally, General Liability Insurance is often required by clients and project owners before a construction company can begin work on a project. This insurance not only helps to safeguard the financial interests of the construction company but also provides peace of mind to clients
What is General Liability Insurance?
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