General Contractor Liability Insurance

General Liability Insurance is designed to help protect your business from lawsuits that are brought against your company due to bodily injury, property damage, advertisement damage, or personal injury. Not to be confused with Workers Compensation, General Liability Insurance covers your losses if damage is incurred by a third party.

As a general contractor you are always on different jobs sites and working with a wide range of employees and subcontractors. You need to have the right insurance to protect your company in case accidents happen. You never really know what is going to happen on the job site, so it always pays to be prepared.

E-GeneralContractorsInsurance.com has worked with hundreds of General Contractors to find them the exact liability insurance coverage they need to protect their business and ensure the confidence of their clients. When shopping for General Liability Insurance it is important to make sure that you have enough coverage to fulfill every obligation.

You can trust E-GeneralContractorsInsurance.com to analyze you liability insurance needs and provide the best solution and an affordable price.

What Does General Liability Cover?

  • Bodily Injury
  • Property Damage
  • Advertising Injury – When false claims by your company causes financial loss to another company
  • Personal Injury – Slander, invasion of privacy, trademark infringement, false arrest, wrongful eviction

Employee Leasing

Partnering with e-General Contractors Insurance for Employee Leasing can help the bottom line of your company and protect the well being of your employees through a full range of administrative solutions.

We can take care of your Human Resources and free up time for you to grow and improve the important operations of your company.  Employee Leasing is a temp services, instead it offers a full scope of HR services from recruiting to benefits administration.  When you partner with us for Employee leasing you do not have to put time in dealing with payroll or negotiating rates with benefit providers.  Spend the extra time and money on building your business instead of managing your business.

Employee Leasing services offer more in depth wide range of employee services for their clients.  With a unique co-employment relationship they are able to offer affordable options to small and medium size business.

Employee Leasing Services

Human Resource Management

Small and large businesses, plumbers or general contractors, have human resources work that has to be done.  Regardless of the size or industry of the company the business moves and grows because of the performance of your employees.  Not having to worry about HR allows you to focus on your company, control costs, stay in state and federal compliance, and receive huge discounts on benefits.

Payroll Management

Managing company payroll can be a huge challenge for every business owner.  State and federal regulations make it so hard for the small business owner to keep track of the ever-changing laws.  If you are unable to keep up with these moving regulations then you are subject to fines. Working with a payroll specialist can save you time, money, and help keep you compliant.

Benefits Administration

Keeping up with your employees’ benefits can be time-consuming and tedious process for small business owners when also managing the more important operations of the business.  Outsourcing critical benefits administration  will not only reduce your cost but can also improve the experience of your employees.  Partnering with a larger company for benefits can greatly reduce your insurance costs.  Since larger companies have more buying power with insurance companies, they are able to get lower rates and better coverage.  With an Employee Leasing service you are able to take advantage to their buying power. You can team with an Employee Leasing Service to save on health insurance, Liability Insurance, and Workers Compensation Insurance.

For an immediate answer to a General Contractor Insurance question, give us a call at 1-800-329-2040.
 

Contractor Worker Compensation Insurance

Contractor Workers Compensation Insurance covers an employee that is injured during the course of work related activities.  Contractor Workers Comp Insurance also covers if an employee contracts an illness over the long term effects of employment.  In the case of injury or illness, the employer’s insurance company will pay the employee’s benefits.

Worker Compensation Insurance | Workers Comp InsuranceWorkers Comp Insurance is not required in every state.  State regulations can vary but generally an employer is required to have Worker Compensation Coverage if they employ 1-5 workers.  Because of the litigious society that we live in, it is important to have Workers Compensation Insurance to protect your company.  Even if your company does not have Workers Comp Coverage you may be required to pay for employee benefits if an accident occurs.

We provide coverage for all states in the U.S. including Florida, Arizona, California, Nevada, Louisiana, Mississippi, Tennessee, and Texas.

Who is Required to Have Contractor Workers Comp Insurance?

Workers Comp Insurance | Worker Compensation InsuranceMost states require that all employers, not covered by Federal assistance, have Worker Compensation Insurance or have approved self-insurance if you have more than 1-5 employees.  There are some exceptions to this general rule. Officers of corporations are exempt from having Workers Compensation Insurance coverage.  Also agricultural operations are exempt from having Workers Comp Insurance coverage on employees.

If an employer fails to meet Worker Compensation requirements there can be significant consequences, even without an accident.  State laws will vary but companies can face criminal charges and fines.  The fines and charges can be extended to the officers individually.

Benefits Covered Under Contractors Workers Comp Insurance

Medical Care

Contractors Workers Compensation Insurance pays for all medical treatment that is necessary to cure or relieve the effects of the injury or illness.  The benefits are to be paid by the insurance company or the employer if there is no Workers Comp Coverage.  Benefits will be paid to the employee for doctor services, hospital bills, physical rehabilitation, dental care, prescriptions, x-rays, lab services, and all other treatments ordered by the treating doctor.  The employee is also able to receive reimbursement for travel to and from medical visits.

Temporary Disability

Temporary Disability benefits are paid out if it is determined an employee is unable to work due to the work related injury or illness.  Employees cannot receive Temporary Disability until they are off of work for 14 days.  State law determines the amount of benefits that an employee is able to receive.  Most states give injured employees 2/3rds of the employee’s weekly salary with a minimum of $126.00 per week and a max of $490.00 per week.  Workers Comp Insurance benefits stop when the injured employee returns to work.

Permanent Disability

Permanent Disability is when an employee is unable to compete for a job on the open market due to injury or illness.  The amount of compensation depends on the type and extent of the disability.  Date of injury, age when injured, and occupation are all factors in determining the benefits an employee is able to receive.

Vocational Rehabilitation

Vocational Rehabilitation benefits are paid if the employee in unable to do that job they had before the injury or illness.  The employee is able to receive the benefits as long as they are taking part in vocational training.

Transportation Reimbursement

Contractors Worker Compensation Insurance benefits pay injured employees for their time and travel to and from medical visits.

Death Benefits

Death Benefits are paid to the employee’s dependents or estate.  Death benefits are paid similar to temporary disability benefits.

For an immediate answer to a General Contractor Insurance question, give us a call at 1-800-329-2040.
 

Contractor Bond

Most General Contractors don’t realize what a Contractor Bond is until a client has expressed an interest in obtaining one.  Contractors Bond involve 3 different parties.  The first is the client, the second is the General Contractor, and the third is the bonding company. 

Contractors Bond act as a guarantee to the client from the General Contractor that the project will be finished up to expectations.  If the project is not finished up to expectations of the client the Contractor Bond will off set the financial cost the client has incurred to finish or fix the project.

Private companies are now expecting General Contractors to have a Contractor Bond in order to do business with them or even bid on the project.  All government contract work requires that Contractors meet certain bonding requirements.

A Contractor Bond is the assurance to the client that the project will be done and all vendors will be paid without any financial loss to the client.  Having a Contractors Bond shows clients that you are financially able to obtain the bond and also you are looking out for their best interest.

Types of Contractors Bond

Bid Bonds

A bid bond is a guarantee that your company has the ability to do the project at the price you say it will.  All government contracts and most private contracts are now requiring that contractors have the right bonds in order to bid on the project.  A bid bond gives your clients that reassurance that you can complete the job without any financial risk to them.

Performance Bonds

Performance Bonds ensure that you will complete the job to the satisfaction of the contract.  If you are not able to complete the project, the bond makes sure that all financial loss is covered.

Payment Bonds

Payment bonds makes sure that laborers, suppliers, and sub contractors get paid in the event of the contractor defaulting.  Payment bonds are required in projects over $30,000 with the Federal Government and must be 100% of the contract value.

For an immediate answer to a General Contractor Insurance question, give us a call at 1-800-329-2040.