Contractor Liability Insurance Ontario. This type of insurance policy generally includes general liability insurance coverage as well as insurance for tools,. If you are an individual or business providing contracting services in the province of ontario, you should get a comprehensive insurance for contractors policy that covers your tools, legal expenses and liability for property damage and bodily injury coverage.
Some projects may require you to provide a certificate of insurance. We have been providing professional liability protection for contractors for over 30 years and are growing. The answer is a big fat yes.
For Higher Coverage Limits Of Around $5 Million, The Premium Can Go Over $100 Per Month.
Ontario contractors employing one or more employees are required to have workers compensation insurance to protect their employees. Trucks and other commercial vehicles. Ontario contractors are required to carry contractors insurance also known as general liability insurance, which protects against financial loss due to an accident or.
We Are Contractor's Liability Coverage Specialists In Construction, Renovation Industry In Ontario Canada.
Every independent contractor in ontario, canada should be insured for a limit of no less than $2,000,000. What is contractors liability insurance? You must set limits per each occurrence and limits for aggregated values.
Contractors Liability Insurance Protects You And Your Team Members And Your Business, From Unexpected Financial Loss.
Contact our experienced licensed broker. However, most contractors hold professional indemnity insurance at £1m, public liability at £1m and employers’ liability at £10m. This type of insurance policy generally includes general liability insurance coverage as well as insurance for tools,.
The Insurance Covers Construction Areas And Projects Under The Care, Custody And Control Of The General Contractor.
Here are coverage areas your contractor’s insurance should include: We have been providing professional liability protection for contractors for over 30 years and are growing. Limitations are also set for fire damage to property under construction as well as medical expenses for injured workers on the job site that might not be covered under workers’ compensation.
In The Simplest Of Terms, Contractors Insurance Is A Specialized Insurance Policy For Any General Contractor Or Subcontractor.
Professional liability insurance for contractors & trades. For any independent contractor operating in the ontario area, contractor’s general liability insurance or contractors insurance which is also known as contractors professional indemnity insurance can be a saving grace. Construction liability insurance also has its limitations.