Contractors Insurance in Denver, CO

The unfortunate thing about being a contracted worker is that you can have 100 happy clients, but one dissatisfied one could significantly impact your business. Lawsuits against Denver contractors are becoming increasingly common nowadays, and the costs involved in litigation can severely drain a professional of their assets. Having general contractor insurance will cover them in the unfortunate event they are found liable for losses, damages, or injury, so they do not have to pay out of pocket. A contractors insurance policy from Schomburg Agency of Denver can offer payment protection that will help you stay in business in the midst of a liability lawsuit.

Insuring Contractors in Denver with Liability Exposure

As a contractor, people seek you for your skilled services that align with their needs. If the finished result is not exactly what the Denver customer wanted, you may have a lawsuit on your hand, something that general contractor insurance can help protect you from being financially responsible for. General contractor insurance policies are developed with each professional’s specific exposures in mind: popular storefronts have a high risk for injuries happening on site, contracted designers risk creating advertising that damages the image of their Denver client, and residential contractors might accidently do damage to a home they are working on in Denver. An agent at Schomburg Agency’s Denver office can work with you to define your explicit risks and draft a general contractor insurance policy that will comprehensively protect your business.

Denver Contractors Whom Insurance Can Benefit

  • Roofers
  • Plumbers
  • Electricians
  • Landscapers
  • Painters
  • Carpenters
  • Handymen
  • Freelance writers/designers
  • Stylists and salon workers

Covering Costs with Denver General Contractor Insurance

There are a number of things that could go wrong during a contracting project in Denver, and if there is some sort of damage to the property you are working on or an injury to someone’s person or reputation, chances are somebody will file a suit against you. If you don’t want to be on the hook for medical bills or repair costs, it's important for Denver general contractors to insure themselves and their business. Besides those main expenses, there are also supplemental damages in a liability lawsuit that can total millions, such as pain and suffering as well as compensatory losses, and general contractor insurance will cover these payments as well. Contractors insurance will give you the peace of mind that even if a Denver job goes sour, your entire livelihood is not at stake.