If you are a contractor you know you have to work with clients, subcontractors, and employees. With all of the people who you have to regularly work with, whether in an office setting or on a construction site, you should make sure you and the people you work with can depend on a good contractor insurance Orlando policy. The most essential part of contractors insurance is general liability. General liability coverage is very important to have and if your business expands it may be a good idea to purchase more liability coverage. You also need to purchase employment practices insurance and workers compensation insurance if you have any employees. If your business or construction firm grows enough, you will also want to consider health insurance for employees.
If you are a contractor, you should have any vehicles, tools, and machines insured so you can replace them if anything happens to them in storage, on the job, or in transit. Errors and omissions insurance is also an important aspect of a contractor insurance Orlando policy. Errors and omissions coverage will pay out in the event that your client is not satisfied with your work, or they believe you gave bad advice in regards to constructions, etc.. Another thing that is designed to reassure the client of your qualifications and ability to finish a job are surety bonds. You should find a surety bond producer or agent that you can work well with as soon as you can because surety bonds are legally required for contractors for each job.