How Important Is Contractor Insurance in Texas?

Whether you are planning on building or remodeling your commercial space, having the right contractor insurance is essential. Not only do you require a qualified licensed contractor to perform the work, you also want them insured as a named entity in your commercial building contract. When it comes to insurance for your commercial flooring business, you require an experienced agent with expertise helping tile and flooring companies with all of your construction needs because your particular business insurance requirements are so complex and a simple one size fits all attitude could leave you with hundreds of thousands of dollars in damages you never need. Your best general contractor insurance Texas can help you avoid this problem. Let us look at some specific areas you will want your insurance to cover.

Air conditioning contractors and service personnel - Texas general contractor insurance Texas covers air conditioning repair and servicing too. If your air conditioning system breaks down, or if your air conditioning technician is killed in an accident while on the job, you will be held responsible. You could be sued by the client for medical bills, replacement costs and even lost income and sales. Air conditioning accidents cause injuries and fatalities too-it's just not worth taking that chance with your clients. Having the right contractor insurance Texas will protect you from any legal action you may face.

Roofing contractors may be another area for contractors to think about when looking at your commercial property insurance. While the weather may be a wonderful year round in your region, there are seasons when storms may blow in and damage the roof or the attic, leaving you with a huge repair bill. Rain and snow and high winds may scrape shingles off the roofs and damage wood framing causing all kinds of issues with repair and replacements. Low-hanging branches or other hazards can crash through and injure workers, contractors and passersby. Having the right contractor insurance Texas coverage will protect you and your business in these situations too.

Other items that are frequently damaged by storms, winds, hail or other damage on the job site include lighting, heating and cooling equipment and tools. If your company has mobile trailers, many pieces of equipment are not only expensive to buy new, but also very damaging to damage on the job site. Water, mud and snow can all make portable garages and other work sites treacherous, especially if your mobile machinery is damaged. Having the proper contractor insurance Texas coverage will ensure your vehicle is protected and that your water damaged belongings will be replaced. If an injury occurs on the job site-no matter how minor-you will be covered by the right contractor insurance Texas policy.

Many general contractor and specialty tile shops will have general liability insurance in Texas which will cover them in case a customer or client files a claim against them for pain and suffering, lost wages or permanent disability due to the tile shop or their products. In some cases, general contractor insurance will also cover general damage to customers' property, theft and damage to business equipment or supplies. You can find a full list of covered items in your general contractor insurance Texas policy.

Many general contractor Texas policies will also provide a bodily injury and property damage coverage. This portion of the policy will help you pay medical expenses and replacement costs for property that are damaged as a result of being on the job. Bodily injury and property damage coverage vary greatly among different insurance companies. Some policies will provide full or partial coverage. While others may only provide partial coverage.

The requirement that must be present in order to receive full liability coverage is that the contractor or business owner must be directly responsible for all incidents that occur on his or her property. This means if a customer slips and falls on the property, it is the contractor's responsibility to take care of the situation. If an injury occurs due to negligence or wrong doing by a representative of the contractor or business, then the contractor or business owner is solely responsible. If a customer or client has a personal injury while on your property or because of your actions, the contractor or business owner is responsible for paying all legal expenses and liabilities arising from that incident.

It is very important that you do not undertake tile projects without first making sure you have the proper insurance coverage in place. Without the right insurance policy, you could be sued for injuries that occur due to contractor negligence, errors or omissions, or excessive exposure to risks. Additionally, having the right contractor insurance coverage will protect you from unexpected bills that arise from an incident on the job site. There may be instances where the contractor cannot estimate the cost of the project until all of the appropriate legal hassles have been overcome. With this protection, you will feel more confident that the job will be done properly the first time around.