CHES Special Risk is offering a reminder that small contractors will need liability insurance, and that it can help by providing a tailored policy that suits small contractors’ needs.
The managing general agent noted that small contractors face numerous risks from construction sites, legal and regulatory laws as well as transferred liability from general contractors. Small businesses are particularly vulnerable to risk, and without adequate coverage may find themselves facing bankruptcy – or even closure, CHES Special Risk said.
For coverage that protects carpenters, flooring contractors, or even small contractors that work with gypsum, CHES Special Risk’s underwriters can create a tailored policy that not only offers sufficient cover, but is also priced appropriately. The MGA’s offering has the following features:
In a release, CHES Special Risk noted that contractor’s insurance is the company’s “core product,” and its most “widely purchased.”
Last week, CHES Special Risk promoted its specialty insurance coverage for lawyers, in anticipation of increasing immigration levels in Canada. Lawyers play an important role in the immigration process, but CHES Special Risk has advised that they will need E&O coverage in the event of a misrepresentation risk.
