Content For Cornerstone Landing Pages - Part 1

Builder’s risk insurance
Builders’ risk insurance is a very specialized property insurance that protects an ongoing
construction project. It can either be an area where a new building is to be erected or an
existing building being renovated.
Usually, it is required by the clients for the general contractor to be obtained before a project
begins. Builders’ risk not only protects the building, but also equipment, on-site and in-transit
materials, and other structures being built on-site. The in-transit materials are also covered
by the installation floater, however, builders’ risk provides additional coverage.
The duration is usually 3, 6, or 12 months which can be extended in case of a delay in

project completion.
You can call now and talk to our builders' risk experts for a detailed discussion and advice
on a builders’ risk policy as per your individual needs, or you can fill out our form to get a no-
obligation, free quote for considerations, based on your specific requirements.
Builders’ risk vs. general liability

General liability covers third-party claims related to bodily injury or property damage due to
accidents on site; whereas, builders’ risk insurance covers a contractor’s equipment,
material, and property.
It is actually closer to commercial property insurance than general liability insurance, even
though that has its differences as well.
Construction vs. renovation project

For a brand new construction project, builders’ risk insurance covers the whole area where
the building is to be erected, including the materials, extra structures within the area, and of
course, the new construction itself. It is all covered until the building is completed and
handed over to the client.
In case of a renovation project, however, the policy needs to be customized so that the
existing building can be added to the policy and to make sure that there are no gaps in the
policy.
What does builders’ risk cover?

Builders' risk installation covers the following types of projects:
● New construction
○ As the name suggests, it is to cover newly built buildings and can include
residential or commercial projects; houses, office buildings, restaurants,
malls, apartment buildings, duplexes, etc). For example, a brand new multi-
functional, mixed-use building going up on the main boulevard or a new
house being built on an empty lot.
● Remodeling
○ This is all about changing an existing structure without demolishing the whole
building. It includes all updates to the interior and/or exterior of a building.
This can vary from adding a structure to an existing building to the kitchen
remodeling of a small house. Time can vary
● Installation
○ This implies prefabricated fixtures or structures that are built off-site and then
brought on-site to be fixed. This has a very swift window of time and a very
limited scope of work. It can include installing kitchen cabinets in a house to
installing a gazebo outside.
What does Builders’ risk not cover?

Natural disasters such as earthquakes and tornados are not covered by the builders’ risk
policy. They will need to be added for a higher premium to the main policy. Other common
exclusions are:
● Employee theft
● Water damage
● War and terrorism
● Government actions
● Contractual penalties
● Mechanical breakdowns
● Faulty design, planning, and workmanship
● Employee injuries
What are the types of builders’ risk policies?

You can always customize your builders’ risk policy as per your needs and requirements as
a company. However, to start with there are the following types of builders’ risk policies
available:
● Single project
○ This builders’ risk policy is ideal for the contractors who work on one project
at a time, be it installation, remodeling, or new construction.
● Reporting form
○ This builders’ risk policy is most suited to contractors who have multiple new
construction projects going on simultaneously. They can add new projects as
they begin and remove thrones that have finished. These projects are under
the builders’ risk policy as soon as they are added to the reporting form.
● Blanket deposit premium
○ This builders’ risk policy is specific more to the company size than anything
else. If a company works on around 25 new construction projects per year,
this is a good coverage policy for them, as they can deposit a premium
without having to report any new project they have begun working on.
● Blanket installation
○ This policy is specifically for installation work that the contractors are doing on
any residential or commercial property.
You can call now and talk to our risk experts for a detailed discussion and advice on a
builders’ risk policy and which one will suit you the best as per your individual needs, or you
can fill out our form to get a no-obligation, free quote for considerations, based on your
specific requirements.
Who is builders’ risk insurance for?

Builders’ risk insurance is mainly for contractors involved in any sort of construction projects.
It is important for everyone involved in the project; workers and investors, to be protected
during the construction, including;
● General contractors
○ As the people responsible for directly overseeing the progress of the project
and the ones with the greatest risk involved, the general contractor should be
the first person listed on a builders’ risk policy.
● Developers/property owners
○ Listed second on the policy regarding the risk involved, the developers can
also come in first if the general contractor agrees.
● Subcontractors
○ The builders’ risk policy should include, on principle, the names of all the
subcontractors involved in the project as they could need coverage from
certain financial losses.
● The bank
○ In the case of banks financing the project with a loan, they are also named on
the policy to protect them. Especially in a mortgage, it is always included in
the builders’ risk policy.
It makes perfect sense to add anyone who has a direct stake in the project and can suffer
from a financial loss if there is an accident. You can call now and talk to our builders' risk
experts for a detailed discussion and advice on a builders’ risk policy and which one will suit
you the best as per your individual needs, or you can fill out our form to get a no-obligation,
free quote for considerations, based on your specific requirements.
Having discussed everyone who should be named on the policy, it raises the question of
who pays for the builders’ risk policy at the end of the day?
It is usually the developer, property owner, or the general contractor who buys the coverage
since they have the most to lose in case of an accident or problem. It is decided before
beginning a project as to who will buy it. However, regardless of the person who purchases
the builders’ risk policy, everyone, as mentioned above, is covered by it.
Who doesn’t need the builders’ risk coverage?

It is people who do not have a stake in the project at the construction stage who do not need
the builders’ risk policy and aren’t likely to suffer from a financial loss. For example, material
providers and architects, who are paid in advance.
on a builders’ risk policy and which one will suit you the best as per your individual needs, or
you can fill out our form to get a no-obligation, free quote for considerations, based on your
Why is the builders’ risk policy required?

Builders’ risk insurance policies were put in place originally because of the legalities involved
in construction projects according to which a construction project is considered property as
soon as the construction begins. This means that the person responsible will also be held
responsible for any damages during the construction so that the equipment and property is
also protected.
Coverage provided by the builders’ risk

Usually, a builders’ risk policy covers:
● Weather damage
● Fire or explosion
● Vandalism
● Theft
It is important to make sure that your policy limit covers the estimated total value of the
project. You can call now and talk to our builders' risk experts for a detailed discussion and
advice on a builders’ risk policy as per your individual needs, or you can fill out our form to
get a no-obligation, free quote for considerations, based on your specific requirements.
Extensions you can add to the builders’ policy

As there is no standardized coverage, the terms of a builders’ policy can vary vastly between
one and the other policies. However, there are a number of add-ons you can use to modify
the builders’ risk insurance policy as per your specific requirements to provide good
coverage for you, your projects, and your business.
Here are some of the most common extensions:
● Faulty workmanship
○ It extends the coverage to damages caused by bad workmanship
● Property in transit
○ It protects the property being transported to and from the construction site
● Property in temporary storage
○ This is for the property being stored before installation
● Scaffolding
○ Includes all the scaffolding and temporary structures on-site during the
construction under the coverage
● Debris removal
○ This covers the debris removal caused by a peril included in the main policy
● Sewer backup
○ If there is a sewer blockage, the water damage is covered
● Delay in completion
○ Delays and the income loss and expenses that come with it, caused by a peril
covered in the main policy, are covered by this extension to the builders’ risk
insurance policy
What does the builders’ insurance cost?

The biggest factor is the cost of your construction project. As mentioned before, the policy
coverage needs to be as close to the estimated cost of the project as possible. It usually
costs between one to four percent of the whole project cost. Other factors that dictate the
cost of the builders’ risk policy are stated as followed:
● Claims history
● Experience
● Location of the project
● Policy limits and coverages
● Length of the project
● Size of the projects included in the policy
● Quality of the materials
● Extensions added
● Subcontractor Cost
You can call now and talk to our risk experts for a detailed discussion and advice on a
builders’ risk policy as per your individual needs, or you can fill out our form to get a no-
Time limit of the builders’ policy

The builders’ risk coverage is not valid once it is expired which is in the following events;
● The property is sold

● The property is occupied
● The policy expires
You need to come up with a proper policy to protect the building once it has been completed
and the builders’ policy has expired. You can call now and talk to our risk experts for a
detailed discussion and advice on a builders’ risk policy as per your individual needs, or you
can fill out our form to get a no-obligation, free quote for considerations, based on your
Business
Contractor Insurance for Small Businesses - What You

Need to Know
When you’re running your own business, you’re taking on a lot of responsibility. You’re the
one who’s in charge of everything, from setting your hours to making sure your books
balance. But, as with any business venture, you’re going to have to take some risks to see if
your idea is worth pursuing. If you’re planning to hire contractors for various projects around
your home, small businesses, and beyond, you’ll need to have contractor insurance. Read
on to learn more about small business contractor insurance, and whether or not you need it.
What is Contractor Business Insurance?

You might have heard about contractor insurance before, but you might not know exactly
what it is or why you need it. Contractor insurance is basically coverage for any contractor
you hire, whether it’s to fix a leaking faucet, replace a broken foundation, or build a deck.
You’ll start looking into contractor insurance as soon as you realize you’ll need to hire a
contractor or two for some project or another. In order to avoid unforeseen costs or
headaches down the road, you’ll want to take out contractor insurance. That way, if
something goes wrong or if you accidentally cause damage to your home or business, you’ll
be covered. Even if you don’t hire a contractor, you can still get contractor insurance to
protect your assets in case of a natural disaster like an earthquake, flood, or fire.
Why Buy Contractor Business Insurance?

One of the main reasons to get contractor insurance is to protect yourself against the risk of
being sued. If you suffer a loss, a contractor may sue you to try to get paid. Knowing that
you’re covered by contractor insurance can keep you from worrying too much about the
outcome of a lawsuit. You’ll also want to get contractor insurance if you have a lot of projects
going on or if you have a reputation for hiring contractors regularly. When you have to hire
contractors for projects like remodeling a kitchen or building a deck, you risk making
mistakes. Even if you don’t make mistakes, you could lose track of time and damage your
home or business. That’s why it’s important to have coverage for any damages or costs
related to working on your home or business.
Small Business Contractor Insurance Options

If you have a small business that takes on only a handful of customers (no more than four),
you may be able to get contractor insurance through your state’s Small Business
Development Center. Most states also have a website where you can get information about
all the different insurance options available to small businesses. Business owners can
choose from a wide variety of types of coverage, including coverage for personal injury,
property damage, and loss of income. Depending on what you need, you can also choose
from a range of deductibles, terms, and overall price. You can also shop around for the best
prices and compare different providers. If you have a high bill history, you can also be
denied coverage, even if you’re eligible.
When Should You Buy Contractor Insurance?
Depending on your situation, you may also want to get contractor insurance earlier rather
than later. For example, if you frequently hire contractors to work on your home or business,
you may want to get coverage sooner, before you make any bad mistakes. Or, you might
want to get coverage as soon as you determine you’ll hire contractors regularly, whether
they be family members, friends, or hired hands. There’s no set rule here, but the earlier you
get contractor insurance, the cheaper it is. Usually, the price you pay will be based on the
term you choose, so you may want to shop around to see what you can get for cheaper.
Final Words: Is Contractor Insurance Worth the Cost?

While it can be expensive to get contractor insurance, it’s important to remember that it’s not
a one-time fee. It’s a way of protecting your assets and your profits in the event of a lawsuit.
In addition to having coverage, you should also regularly audit your policies to make sure
everything is up-to-date and is covered. In the end, it will cost you more in the long run to not
get contractor insurance than it will to get a policy that covers your business and assets. The
best way to determine if you need contractor insurance is to ask yourself these questions:
Why do you hire contractors? What can go wrong? If the answers to these questions point to
situations that could cause you trouble down the road, then it’s worth the cost to get
contractor insurance.
Building Foundations Contractor
Building Foundations Contractor is a profession with a higher risk associated with it, no
matter what the trade, as compared to other professions. Getting a contractor insurance
policy that is not only the right fit for you as a contractor but also suited to your needs as an
individual business, is the most important thing you can do for your business. It doesn’t
matter if you are hired to remodel bathrooms, install a roof or paint a room, there are a lot of
things that can go wrong. From a roof tile falling on someone’s head to a pipe bursting or an
employee hurting themselves, the list is long. Suitable insurance can be your only safety net
in hard times.
A Building Foundations Insurance policy is to be considered a small business insurance

policy, which incorporates all the insurances you will need to protect yourself and your
business. No two insurance policies can be the same. They have to be written separately for
every business. Whether you are the owner of a large construction company that handles
multi-million dollar projects or an independent contractor who works alone, insurance is
something you will need to keep your business safe and help you prosper, without the risk of
going bankrupt for an unintended, honest mistake.
Who might need Contractor Insurance?

Contractors can be broken down into two types;
Contractor: The contractor is responsible for overseeing the whole project to its completion
and for fulfilling the contract signed. For example, it can be a remodeling project or a brand
new construction project.
Subcontractor: This is a person or company hired by the contractor to do certain jobs or

specific tasks on a job site. A contractor usually hires the subcontractor as a specialist in
certain trades. For example, a contractor hires a plumber for redoing a kitchen. A
subcontractor is usually hired by a contractor not directly by the client.
However, it doesn't matter if you're a general contractor or a subcontractor, you’ll need

Building Foundations Insurance . Insurance will protect you and your business from any
work-related issues or accidents. It doesn't matter which trade from the construction industry
you are from, you will need the insurance policy as a safety net in case of claims or medical
expenses.
What is covered by Contractor Insurance ?

A good insurance policy has many different types of insurance which can cover you and your
business. It is usually written specifically for you as per your needs in regards to your
business. Your insurance will cover you and your business for all your needs as a contractor.
These issues can include the cost of claims, lawsuits, and damages to your property or other
people’s property.
Here’s what the essentials are:
● General liability insurance

This will kick in if you or one of your employees end up damaging a customer’s property or
causing an injury on your worksite. It can save you from most of the liabilities that come your
way. It is also usually required by clients to ensure that any damage done during work, is
covered.
● Worker's compensation
This is usually an important part of contractors insurance considering that it is a requirement

for a contractor license and usually is needed for bidding on large projects. Not to mention, if
an employee gets hurt while on a job for you, this will help protect your company and pay
their medical bills or lost wages. This, as part of Building Foundations Insurance , can be a
safety net for your business.
● Commercial auto insurance
It doesn't matter if you own one small truck or a large fleet of trucks with equipment mounted
on them, commercial auto insurance is a staple for your business. The risk of an accident
caused by your vehicles or to them can be pretty high. This, as part of insurance, can protect
your business.
● Tools and equipment
As a contractor, the tools, and equipment you own are the most precious thing because they
are how you complete your jobs. It is extremely important to keep them safe from theft and
damage of any kind. Insurance has tools and equipment coverage as per your requirements,
so you can replace or get your things repaired as soon as possible to keep your workflow
seamless.
● Excess liability
Excess liability or umbrella insurance is coverage that kicks in when your general liability or
any other insurance fails to cover you for a certain amount, larger than your policy. It is a
part of contractors insurance so you can be protected when you work on large-scale
development projects.
● Surety and license bonds
Bonds are a very important part of insurance, because from your license to bidding on
projects, you will need several kinds of bonds throughout your career. They are an essential
part of contractors insurance
● Builder’s risk
Before you can hand over your project back to a client, the building is under your custody
and your protection. Any harm that may come to the buildings, like fire due to an electrical
failure or flooding due to a pipe bursting. Avoid the cost of repairs, replacement and
reconstruction by getting builder’s risk insurance policy as a part of your insurance.
● Installation floater
Anything, while in transit, is exposed and at risk of getting damaged in an accident, stolen or
harmed in any other way. Your machinery, equipment, vehicles, and building materials are
just as vulnerable, while it is being transported to and from your worksite. It also covers your
surplus materials stored on-site before being used. And as far as your auto insurance, it
provides SOME cover, but not complete protection. Therefore, an installation floater is a
necessary part of your insurance.
● Professional liability/E&O
Even as a contractor, you can be held liable for errors and omissions in your logs, contracts
or any other thing. Though it is not a necessity for smaller construction companies, it is a
must-have for larger construction companies who deal with larger projects in their insurance
policy.
● Business owner’s policy
As a small business, your business owner’s insurance policy is extremely important for your
insurance policy. This actually bundles up general liability, workers comp, and auto
insurance all in one affordable package for your insurance.
● Commercial property
This is insurance you must have if you own or rent the building you house your office in. it
will also cover your supplies, inventory, warehouses, and other property not covered by
general liability insurance. Commercial property insurance can be big life saver as a part of
your insurance policy.
Who should buy Building Foundations Insurance ?

If you are a contractor or subcontractor with in any of these trades, you must get insurance
as per your company size and needs. It is imperative.
It can't be emphasized enough, how important contractor insurance is for you. Some
examples of contractor insurance claims, you can face as a contractor are as below:
While painting a customer’s house, you could possibly damage the furniture. Your general
liability insurance will pay for the furniture replacement or repair, as per need.
While unloading material off a truck and placing it on site, one of your employees slips and
hurts his back. Your worker’s compensation will not only pay the employee’s medical bills
but also compensate them for lost wages. In case the employee was to sue you, the
insurance will pay for the claim and the legal fees.
The warehouse connected to your office space gets flooded causing damage, not only to the
inventory you had stored, but also causes water damage to your office. Having suitable
commercial property insurance will cover you for all the damage.
If there has been a fire due to an electrical fire on an almost completed house you were
working on remodeling, your builder’s risk insurance will protect you and pay for the extra
damages, without causing you any extra financial loss.
What doesn't Building Foundations Insurance cover?
Some things are not covered by insurance policy. Here is a list of things your insurance does
not cover and needs to be separately added to your policy.
● Floods
● Earthquake
● Radioactive fallouts
● War
● Infectious diseases
● Government seizures
● Wrongful termination
● Intentional or fraudulent acts
Cost of Building Foundations Insurance

The cost of policy can vary a lot depending on a variety of factors. You can bundle up
different policies together to protect your business better, as mentioned before. In general,
the main factors determining the cost are
● Claims history (Insurance claims history). History of previous claims can be one of
the main and most decisive factors in determining the cost of your contractor
insurance. The higher the number of claims against you and your company, the
higher the cost of your safety net.
● Experience. The number of years you have been in business is another deciding
factor in the cost of insurance since with more experience in your field the less likely
you are to face a claim. This can be a factor in deciding the cost of your insurance.
● Industry. Companies in higher-risk industries pay a higher cost compared to lower-
risk businesses. For example, a roofing contractor is at higher risk than say a
handyman. Also, businesses with greater risk factors, like personal injuries or
property damage will have a higher premium total for your contractor insurance.
● Location (Business location). A business located in a highly-populated area with
greater risk exposures will pay higher premiums. For example, the construction
company will pay more if the project is located in a densely populated area, as
compared to a project on the outskirts of the city. Therefore, rates vary based on the
state where you conduct business.
● Policy limits and coverages. There are many limitations insurance can possibly have.
The more things you include in your policy, the higher its cost will be. Secondly, the
deductible amount you choose for your contractor insurance affects your premium.
Therefore, if your deductible is higher, you pay a lower premium.
● Gross Receipts (Annual). This is by far the most common premium basis for
insurance, based on the amount a business grosses in a year.
● Subcontractor Cost (Annual). This may reduce or increase the cost depending on the
carrier.
● Payroll and size. It is the second most used to decide factor for a premium after
Gross Receipts, it is used for services or construction industries where the biggest
risk of claims depends on the quality and amount of work performed by an employee.
For a small business that needs one million dollars of coverage, the price is based upon the
factors above.
Each business is unique, so individual insurance policies from insurance companies need to
be treated the same. No two businesses have the same insurance policy. In addition,
minimum premiums are involved. The insurance carriers establish certain minimum
premiums just to cover the expenses of writing a policy.
There are exceptions, of course. You have the final say in the amount of coverage you
purchase. But insurance companies will make recommendations based on a number of
factors. Some base the coverage on the size of your company's assets, while others base
the coverage amount on the size of lawsuits companies that are similar to yours have faced.
How to buy Building Foundations Insurance
When considering getting insured, consider the following:
● Identify your risks. Be sure to thoroughly analyze the operations of your business and
identify potential risks. After that, choose all the coverages you need properly for your
insurance.
● Work with an independent agent. An independent agent will help you navigate the
complexities of picking the right selection of policies for your contractor insurance by
assessing your needs and directing you to the broker that best serves your company.
● Compare quotes. Insurance costs vary between insurers. Consider several quotes to
find the best rates and coverage. When searching for insurance coverage it is good
to work with a company that has the most options.
At PBIBINS we provide you with the best Building Foundations Insurance policy because we
use multiple service providers to choose what is best for you.
● Know Where to Look. Compare policies for your contractor policy. A good broker will
do this for you. Independent insurance brokers will send your application to multiple
carriers to check coverage and price. Remember brokers are independent and will
quote to many carriers. Must insurance agents be bound to one carrier and must
quote them regardless of the price and coverage is best for you.
At PBIB, we specialize in Building Foundations Insurance, we can give you an impartial

comparison with a strong background in Construction industry.
● Bundle Your Policy. You can save money by bundling your policies together. For
example, a business owner’s policy includes general liability insurance and
commercial property protection. It saves you money to buy one policy rather than
two. Or, as in the case of multiple employees, you need worker’s compensation
insurance, disability, and unemployment insurance; when you bundle them together
in contractor insurance, your cost can decrease.
● Don’t Overestimate Your Business Costs. There are two professionals you should be
utterly honest with: your lawyer and your insurance broker. You must give a very
accurate appraisal of your business while applying for insurance, so you don't end up
overpaying for your contractor insurance by quoting an inflated value.
● Pay Your Premium in Full. There are certain payment options that can decrease your
overall cost. Like they say; a penny not spent is a penny saved. You'll be offered
discounts at paying yearly or by setting up automatic bank transfers. Your broker can
give you detailed information on such offers for your insurance.
● Manage Risks. It is a fact that the riskier your business is, the more your contractor
insurance will cost. You can take steps, though, to prevent it from blowing out of
proportion. It may mean, at some point, you are just proving to your company that
you are compliant with the safety guidelines and SOPs and even have invested in
teaching employees about emergencies and safety protocols. Things like this will
lower your premium considerably.
● When Cheaper Isn’t Better? Being a business owner, you realize well how there has
to be a balance between cost and quality. Here are a few reasons why cheaper isn't
always necessarily better.
● A small or cheap contractor coverage might not be what your business requires and
may not completely cover you, leaving room for error and eventually, loss on your
part.
● If it is too good to be true, it probably is. There might be exclusions, so read the fine
print for your contractor insurance!
● With the policy comes the expertise of the insurance agent who will help you through
a lawsuit, if your business gets involved. Agencies who have a helpful track record
must be considered for this. Not cheap ones.
● General liability has cost $20,000 per lawsuit on average in 2015, according to the
Insurance Journal. If you can't afford that, a policy at $400 per year should be
essential.
Determining Your Insurance Needs

How Much Contractor Coverage Do You Need?
In case of a claim, your insurance can cover the claim’s cost up to your coverage limits.
However, you’ll need to pay a deductible first. A deductible is an amount you need to pay
towards the claim before the insurance company starts paying. You get to select a
deductible amount when you purchase general liability insurance.
The cost of insurance coverage varies based on the size of the business, your industry, your
location and the amount of coverage that you need, as discussed above.
You can handle contractor insurance costs by choosing insurance limits that best meet your
needs. Your contractor insurance limit is the amount the insurance company will pay for a
single claim or for all claims during the policy period. Choosing these limits wisely will help to
lower your contractor insurance costs.
It is imperative to consider the extent and limits of insurance coverage that your business
might need so that your specific needs are met. Limits are what will protect your assets. You
should discuss your contractor insurance in detail with your designated advisors since your
company has its own needs.
Consideration must be given to the extent and limits of coverage a business might need to
meet the comprehensive need of the organization. Realistic limits protect the assets of the
insured and keep them from overpaying for a general liability insurance policy. How much
contractor insurance you need should be discussed with your advisor, as every company is
different. How broad or comprehensive the coverage needs to be can be judged in the
analysis of how to protect your business.
We at PBIBINS specialize in contractor insurance as our CEO was a former contractor

himself. This means that we understand what your contractor insurance needs as a
contractor are. Feel free to call and speak to our specialists in insurance and get a free, no-
obligation quote for your consideration.
Business Owners Policy
A business owners’ policy is a combination of multiple insurance policies, that are usually
required by a businessman, into a bundle and sold as one product. Usually, it is feasible for
small businesses to buy a Owners’ Policy since the larger companies have more
complicated requirements and risks, which has a need for a separately written policy for
each category.
Typically, a policy bundles up, commercial property insurance, general liability insurance,
and business interruption insurance.
Difference between a business owners’ policy and general liability policy

The main difference is the circle of coverage. A business owners’ policy provides more
coverage than just liability insurance because it also covers property damages and costs for
income loss due to interruption in business.
Whereas, a general liability policy will cover third-party damages, bodily injuries, advertising
injuries, and defense costs in case of a claim or court case. This is a part of the business
policy.
As property damage is included in the owners’ policy, it will protect your personal property
included in the policy as well.
A owners’ policy can be modified to fit your needs and specifications and you can always
add different coverages to it, for example, commercial auto insurance. You can not add
anything to general liability insurance, specifically, things like property, business loss, and
auto insurance.
It actually depends on your requirements, since it might be better for some people to buy
general liability and property insurance separately as they might need to cover some specific
scenarios that may not be protected. Business owners’ policies can be limited in their
coverage sometimes.
All in all, a business owners’ policy is a perfect insurance solution for small businesses which
are low-risk and need basic coverage only.
Who is a business owners’ policy for?

As mentioned above, a owners’ policy is a package for specifically small businesses that
need basic coverage, nothing complicated or high risk, regardless of their industry. The
requirements for obtaining a owners’ policy can be summed up as your company having:
● Less than 100 employees

● Make less than $10 million in annual sales
● Have a physical location where you either conduct your business or store your
inventory etc
If these are true for you and your business, you can get an instant, no-obligation quote from
PBIBINS for your consideration at competitive market rates. You can fill out our query form
or call one of our experts on business owners’ policy for a detailed discussion of your
requirements.
The requirements for purchasing a policy
Not all businesses qualify for a owners’ policy. Insurers consider things like location, size,
revenue, and the class of your business when selling a business owners’ policy and might
suggest you buy each policy separately. Usually, office-based or workshop-based small
businesses are the ones that qualify for a owners’ policy.
Why do you need a business owners’ policy?

Insurance is a staple for businesses, especially small businesses since they have a lot to
lose in case of a claim. It can potentially shut the business down if not properly insured.
Even though larger companies have more complicated risks, they have a cash flow and
backup to pick up the pieces in case of a problem and not shut down.
A owners’ policy can offer you, a small business owner, a certain peace of mind based not
only on the fact that they are covered for unexpected events, but also that they can maintain
the major policies easily, not having to deal with different insurers. It makes handling the
claims so much simpler.
The advantages of having a owners’ policy

Some of the most obvious advantages are
● It provides a wide range of coverages and protection

● It can be a money saver
● It can be customized to your specific needs, so you only buy what you need
● You can look around the market for a business owners’ policy as many insurance
providers carry it
You can get an instant, no-obligation quote from PBIBINS for your consideration at
competitive market rates. You can fill out our query form or call one of our experts on
business owners’ policy for a detailed discussion of your requirements.
What does a owners’ policy cover?

As discussed above, a consists of three insurances;
● General liability
● Business interruption
The owners’ policy coverages span over these three areas.
Commercial property insurance policy
The commercial property coverage covers quite a wide array of things, including;
● The building that houses your business, whether owned or rented.

● All office equipment, owned or leased
● Fundamental company documents
● Inventory kept on the premises
● Fence and landscaping
● Signs and satellite dishes
● Business Income Coverage
● Employee Dishonesty
● Crime
● Equipment Breakdown
One thing you have to be careful of when signing the policy is to decide whether you are
going to choose the actual cash coverage, which is the depreciated value, or the full
replacement cost.
The second thing you need to decide on is if want named perils; scenarios that are
predefined in the policy, or an all-risk policy that covers everything except for the risks
specifically excluded.
All in all, this is a very important part of your business owners’ policy.
General liability insurance
General liability insurance is usually the best policy to form a layer of protection for yourself
and your business.
It consists of some basic coverages and may be tailored to fit most of the company’s needs.
General Liability Insurance can financially save a company from claims that result from
business operations, either carried out by you or your employees. These expenses are
mostly linked to third-party accidents, property damage, data loss, bodily injuries, related
costs, and any accidents that can possibly occur on your property.
At the very core of it, general liability insurance protects you and your business from losses
caused by the services, operations, and employees that you and your business have. It can
be divided into several scenarios/categories.
● Claims for bodily injury

● Medical payments
● Third-party property damage
● Reputational harm
● Advertising errors
● Legal and court fees
● Defense costs
● Judgments and settlements in case of litigation
● Non-compensatory or general damages
In a nutshell, a general liability policy can be the backbone of protection for your business
and the most important part of the business owners’ policy.
Business Interruption Insurance
Business interruption insurance kicks in if your business experiences a natural disaster,

theft, or vandalism and your business looses income over a period of time, in case it has to
shut down for repairs or replacements. This will not be covered by commercial property
insurance, therefore business interruption insurance is a very important part of your business
owners’ policy.
What’s not covered?

As discussed above, the business owners’ policy covers a lot of ground within the policies
included. These are standard coverages any business would need. However, there are
additional coverages that would be needed to be added for businesses. The biggest
examples are workers’ compensation insurance and commercial auto insurance. They are
legally required in most states for businesses to perform and would be needed to get
licenses or even just work.
There are, however, policies that you can add to the business owners’ policy that can
provide more comprehensive coverage, for example, coverages like professional liability and
EPLI.
What does a owners’ policy cost?

A business owners’ policy has several factors that determine its cost, just like any other
insurance policy. Here are some of the factors that are considered while determining the
cost.
● Industry and the risks associated with it

● Location
● Longevity
● Number of employees
● Value of the property
● Claims history
Carpentry Insurance
Carpentry Insurance Contractor is a profession with a higher risk associated with it, no
in hard times.
A Carpentry insurance policy is to be considered a small business insurance policy, which

incorporates all the insurances you will need to protect yourself and your business. No two
insurance policies can be the same. They have to be written separately for every business.
Whether you are the owner of a large construction company that handles multi-million dollar
projects or an independent contractor who works alone, insurance is something you will
need to keep your business safe and help you prosper, without the risk of going bankrupt for
an unintended, honest mistake.



Carpentry insurance . Insurance will protect you and your business from any work-related
issues or accidents. It doesn't matter which trade from the construction industry you are
from, you will need the insurance policy as a safety net in case of claims or medical
expenses.


covered.

their medical bills or lost wages. This, as part of Carpentry insurance , can be a safety net for
your business.
your business.
seamless.
policy.
Who should buy Carpentry insurance ?

What doesn't Carpentry insurance cover?
● Floods
● Earthquake
● War
Cost of Carpentry insurance

carrier.
factors above.
How to buy Carpentry insurance
insurance.
At PBIBINS we provide you with the best Carpentry insurance policy because we use
multiple service providers to choose what is best for you.
At PBIB, we specialize in Carpentry insurance, we can give you an impartial comparison with
a strong background in Construction industry.
part.
essential.


Carpentry Interior Insurance
Carpentry Interior Contractor is a profession with a higher risk associated with it, no matter
what the trade, as compared to other professions. Getting a contractor insurance policy that
is not only the right fit for you as a contractor but also suited to your needs as an individual
business, is the most important thing you can do for your business. It doesn’t matter if you
are hired to remodel bathrooms, install a roof or paint a room, there are a lot of things that
can go wrong. From a roof tile falling on someone’s head to a pipe bursting or an employee
hurting themselves, the list is long. Suitable insurance can be your only safety net in hard
times.
A Carpentry Interior Insurance policy is to be considered a small business insurance policy,

which incorporates all the insurances you will need to protect yourself and your business. No
two insurance policies can be the same. They have to be written separately for every
business. Whether you are the owner of a large construction company that handles multi-
million dollar projects or an independent contractor who works alone, insurance is something
you will need to keep your business safe and help you prosper, without the risk of going
bankrupt for an unintended, honest mistake.



Carpentry Interior Insurance . Insurance will protect you and your business from any work-
related issues or accidents. It doesn't matter which trade from the construction industry you
are from, you will need the insurance policy as a safety net in case of claims or medical
expenses.


covered.

their medical bills or lost wages. This, as part of Carpentry Interior Insurance , can be a
your business.
seamless.
policy.
Who should buy Carpentry Interior Insurance ?

What doesn't Carpentry Interior Insurance cover?
● Floods
● Earthquake
● War
Cost of Carpentry Interior Insurance

carrier.
factors above.
How to buy Carpentry Interior Insurance
insurance.
At PBIBINS we provide you with the best Carpentry Interior Insurance policy because we
At PBIB, we specialize in Carpentry Interior Insurance, we can give you an impartial

part.
essential.


Carpentry Woodworking Shop Insurance
Carpentry Woodworking Shop Contractor is a profession with a higher risk associated with it,
no matter what the trade, as compared to other professions. Getting a contractor insurance
in hard times.
A Carpentry Woodworking Shop Insurance policy is to be considered a small business

insurance policy, which incorporates all the insurances you will need to protect yourself and
your business. No two insurance policies can be the same. They have to be written
separately for every business. Whether you are the owner of a large construction company
that handles multi-million dollar projects or an independent contractor who works alone,
insurance is something you will need to keep your business safe and help you prosper,
without the risk of going bankrupt for an unintended, honest mistake.



Carpentry Woodworking Shop Insurance . Insurance will protect you and your business from
any work-related issues or accidents. It doesn't matter which trade from the construction
industry you are from, you will need the insurance policy as a safety net in case of claims or
medical expenses.


covered.

their medical bills or lost wages. This, as part of Carpentry Woodworking Shop Insurance ,
can be a safety net for your business.
your business.
seamless.
policy.
Who should buy Carpentry Woodworking Shop

Insurance ?
What doesn't Carpentry Woodworking Shop Insurance cover?
● Floods
● Earthquake
● War
Cost of Carpentry Woodworking Shop Insurance

carrier.
factors above.
How to buy Carpentry Woodworking Shop Insurance
insurance.
At PBIBINS we provide you with the best Carpentry Woodworking Shop Insurance policy
because we use multiple service providers to choose what is best for you.
At PBIB, we specialize in Carpentry Woodworking Shop Insurance, we can give you an

impartial comparison with a strong background in Construction industry.
part.
essential.


Ceiling Installation Insurance
Ceiling Installation Contractor is a profession with a higher risk associated with it, no matter
times.
A Ceiling Installation Insurance policy is to be considered a small business insurance policy,




Ceiling Installation Insurance . Insurance will protect you and your business from any work-
expenses.


covered.

their medical bills or lost wages. This, as part of Ceiling Installation Insurance , can be a
your business.
seamless.
policy.
Who should buy Ceiling Installation Insurance ?

What doesn't Ceiling Installation Insurance cover?
● Floods
● Earthquake
● War
Cost of Ceiling Installation Insurance

carrier.
factors above.
How to buy Ceiling Installation Insurance
insurance.
At PBIBINS we provide you with the best Ceiling Installation Insurance policy because we
At PBIB, we specialize in Ceiling Installation Insurance, we can give you an impartial

part.
essential.


Chimney Cleaning Insurance
Chimney Cleaning Contractor is a profession with a higher risk associated with it, no matter
times.
A Chimney Cleaning Insurance policy is to be considered a small business insurance policy,




Chimney Cleaning Insurance . Insurance will protect you and your business from any work-
expenses.


covered.

their medical bills or lost wages. This, as part of Chimney Cleaning Insurance , can be a
your business.
seamless.
policy.
Who should buy Chimney Cleaning Insurance ?

What doesn't Chimney Cleaning Insurance cover?
● Floods
● Earthquake
● War
Cost of Chimney Cleaning Insurance

carrier.
factors above.
How to buy Chimney Cleaning Insurance
insurance.
At PBIBINS we provide you with the best Chimney Cleaning Insurance policy because we
At PBIB, we specialize in Chimney Cleaning Insurance, we can give you an impartial

part.
essential.


Commercial Appliances and Accessories Insurance
Commercial Appliances and Accessories Contractor is a profession with a higher risk

associated with it, no matter what the trade, as compared to other professions. Getting a
contractor insurance policy that is not only the right fit for you as a contractor but also suited
to your needs as an individual business, is the most important thing you can do for your
business. It doesn’t matter if you are hired to remodel bathrooms, install a roof or paint a
room, there are a lot of things that can go wrong. From a roof tile falling on someone’s head
to a pipe bursting or an employee hurting themselves, the list is long. Suitable insurance can
be your only safety net in hard times.
A Commercial Appliances and Accessories Insurance policy is to be considered a small

business insurance policy, which incorporates all the insurances you will need to protect
yourself and your business. No two insurance policies can be the same. They have to be
written separately for every business. Whether you are the owner of a large construction
company that handles multi-million dollar projects or an independent contractor who works
alone, insurance is something you will need to keep your business safe and help you
prosper, without the risk of going bankrupt for an unintended, honest mistake.



Commercial Appliances and Accessories Insurance . Insurance will protect you and your
business from any work-related issues or accidents. It doesn't matter which trade from the
construction industry you are from, you will need the insurance policy as a safety net in case
of claims or medical expenses.


covered.

their medical bills or lost wages. This, as part of Commercial Appliances and Accessories
Insurance , can be a safety net for your business.
your business.
seamless.
policy.
Who should buy Commercial Appliances and

Accessories Insurance ?
What doesn't Commercial Appliances and Accessories Insurance cover?
● Floods
● Earthquake
● War
Cost of Commercial Appliances and Accessories Insurance

carrier.
factors above.
How to buy Commercial Appliances and Accessories
Insurance
insurance.
At PBIBINS we provide you with the best Commercial Appliances and Accessories
Insurance policy because we use multiple service providers to choose what is best for you.
At PBIB, we specialize in Commercial Appliances and Accessories Insurance, we can give

you an impartial comparison with a strong background in Construction industry.
part.
essential.


Commercial Auto
There is a lot you can add to or take away from Commercial auto insurance, also sometimes
referred to as business auto insurance, truck insurance, commercial vehicle insurance,
commercial car insurance, or fleet insurance, really depends on the types of vehicles you
need to insure for your business.
Commercial auto insurance basically protects your company from financial liability in case of
an accident involving injury or damage to people or property. It also protects you from losses
due to theft, vandalism, weather, and collisions. It is highly imperative that the right policy is
picked and it's a lot more complicated than personal auto insurance because of the risks
involved on a daily basis.
Commercial auto insurance does a lot more than just protect you and your assets. It protects
your employees and any other contracted drivers you might have hired for your business.
It is mandatory in a majority of states to have commercial auto insurance to even function,

which we will get into further down the article.
commercial auto insurance when buying a policy. It all really depends on what you are
looking for and what your situation calls for. Here are a few so you can understand better;
● Any auto liability insurance

○ This insurance will increase to any number of cars you are planning to add to
your fleet, rented or owned
● Individual named insurance
○ If you’re driving vehicles that you do not own, this is what will cover you
● Single deductible options
○ By paying a deductible one time, you will secure your trailer and any
expensive equipment you might be hauling around all the time
● Hired and non-owned auto insurance
○ If your employee uses their vehicle, or you rent it for your business, this
clause will actually cover it all
● Trailer interchange insurance
○
● Rental reimbursement insurance
○ This is to cover expenses in case your commercial vehicle breaks down and
you need to To discuss your situation and the best policy in detail with our
experts on commercial auto insurance, rent while your own is being fixed or
you buy a new one.
○ you can call us or fill out our form to get a free, no-obligation quote, based on
your specific needs for your consideration.
Who is commercial auto insurance for?

If your construction company uses any kind of vehicle for transport or hauling equipment or
material to and from the site, you should get commercial auto insurance. As mentioned
before, it is even obligatory in some states.
You have to make sure that you have all the named insured and have permissive users
added. The best coverage would include all the vehicles you need for your business, owned
or rented.
One more thing you need to be sure of is that most commercial auto insurance policies do
not cover employees who were in an accident while driving their own vehicle, even if it is for
work.
Why do you need it ?

Personal auto insurance does not cover commercial claims mostly. This means that in case
of an accident, while you are working, you will not be protected by your safety net.
Consider this, you have to take some material out to a site and you are using your personal
truck which has your personal auto insurance on it. On your way there, you get in an
accident and damage the truck as well as some of the material you were carrying. Your
personal auto insurance will not cover any claims in regards to the material damaged and
any repairs required due to the accident.
This means that everything will be out of your own pocket.
by state
Each state has its own set of laws, defined either by state or federal laws. When you are
purchasing a commercial auto insurance policy you have to be mindful of those laws so that
the amount of insurance you purchase is as per the law.
These are defined by both, the type of vehicle and the job it is going to be used for. You will
have to meet certain federation requirements regarding the coverage limit. Although, small
business owners who do not have riskier businesses, might have the permission to only
have personal auto insurance.
You can read about them defined by states here.
What is covered ?
A commercial auto insurance policy functions like most other policies, where most of the
basic things will be covered by the policy with options for other things specific to your
scenario. However, you can always have additions made to your policy so that it fits your
specific needs and requirements. It will affect the premium you pay, however, it will be better
suited to your specific needs.
The basics covered by commercial auto insurance
● Property and bodily injury liability

○ In case of third-party property damages or bodily injury in an accident that
was your or your employees' fault, commercial auto insurance kicks in to
protect you. Your policy will pay out not only bills for repairs and medical
expenses, but also lost wages, legal fees, and even funerals in case of a
fatality.
● Medical payments
○ A commercial auto insurance policy will cover you for any medical payments
in case of an accident, no matter whose fault it was. Not only you. Your
passengers and driver as well. It is a requirement in many states.
● Collisions coverage
○ This provides complete coverage in both, accidents with other vehicles and
with objects like trees or walls.
● Gap insurance
○ This is in case you are leasing a vehicle, and in an unfortunate accident it
gets totally damaged beyond repair, you will be covered for the amount you
still owe.
Common endorsements in a commercial auto insurance policy

● Comprehensive
○ It provides you protection from any damage not due a collision, but more like
vandalism, fire, weather, or theft.
● Uninsured motorist
○ In case the third party is uninsured, you will still get coverage from your
commercial auto insurance
● Hired and not owned
○ This will protect you when you drive hired vehicles and your business relies
heavily on this. You can add this to cover damages, injuries, or medical bills.
● Roadside assistance
○ This can be added to your commercial auto insurance and can provide 24/7
coverage for any assistance including but not limited to tow, flat tire, or even
your car battery jump-started
Types of vehicles covered by commercial auto insurance

It includes, but not limited to the following;
● Passenger cars
● Vans
● Pickups
● SUVs
● Cement mixers
● Delivery vans
● Tractor-trailers
● Flatbeds
● Cranes
If there are other vehicles that need to be added like trucks, you can obtain commercial truck
insurance, which covers higher risk profiles.
What is not covered by the commercial auto insurance

Some of the main exclusions are:
● Contractual liability
● Employers’ liability
● Expected or unexpected injuries
● Fellow employee injuries
● Handling of property
● Movements of property
● Operation of mobile equipment
● Pollution
What does commercial auto insurance cost?

The cost of commercial auto insurance mainly depends on the number of endorsements you
add to it. However, this is not the only thing that defines the premium of a commercial auto
policy. Here are some of the factors that affect the cost of a commercial auto insurance
policy;
● Vehicle value
● Vehicle type
● Mileage
● Fleet size
● Cargo
● Driving records
● Claims history
● Coverage limits
To discuss your situation and the best policy in detail with our experts on commercial auto
insurance, you can call us or fill out our form to get a free, no-obligation quote, based on
your specific needs for your consideration.
Commercial Furniture Insurance
Commercial Furniture Contractor is a profession with a higher risk associated with it, no
in hard times.
A Commercial Furniture Insurance policy is to be considered a small business insurance




Commercial Furniture Insurance . Insurance will protect you and your business from any
expenses.


covered.

their medical bills or lost wages. This, as part of Commercial Furniture Insurance , can be a
your business.
seamless.
policy.
Who should buy Commercial Furniture Insurance ?

What doesn't Commercial Furniture Insurance cover?
● Floods
● Earthquake
● War
Cost of Commercial Furniture Insurance

carrier.
factors above.
How to buy Commercial Furniture Insurance
insurance.
At PBIBINS we provide you with the best Commercial Furniture Insurance policy because
we use multiple service providers to choose what is best for you.
At PBIB, we specialize in Commercial Furniture Insurance, we can give you an impartial

part.
essential.


Commercial Plumbing Insurance
Commercial Plumbing Contractor is a profession with a higher risk associated with it, no
in hard times.
A Commercial Plumbing Insurance policy is to be considered a small business insurance




Commercial Plumbing Insurance . Insurance will protect you and your business from any
expenses.


covered.

their medical bills or lost wages. This, as part of Commercial Plumbing Insurance , can be a
your business.
seamless.
policy.
Who should buy Commercial Plumbing Insurance ?

What doesn't Commercial Plumbing Insurance cover?
● Floods
● Earthquake
● War
Cost of Commercial Plumbing Insurance

carrier.
factors above.
How to buy Commercial Plumbing Insurance
insurance.
At PBIBINS we provide you with the best Commercial Plumbing Insurance policy because
At PBIB, we specialize in Commercial Plumbing Insurance, we can give you an impartial

part.
essential.


Commercial Property
Commercial Property Covers

Insuring your commercial property, is one of the most important things you can do as a
contractor. It is a common misconception that commercial property insurance is only for a
building or place. Commercial property, actually covers quite a wide array of things,
including;
● The building that houses your business, whether owned or rented.

● All office equipment, owned or leased
● Fundamental company documents
● Inventory kept in the premises
● Fence and landscaping
● Signs and satellite dishes
● Business Income Coverage
● Employee Dishonesty
● Crime
● Equipment Breakdown
Cost of Commercial Property

Having a policy to cover your commercial property, is one of the smartest things you can do
for your business, as it can cost as low as $20. Our customers save up to 40% when they
buy a policy for commercial property, from PBIBIns. The exact amount you pay actually
depends on a few factors, including:
● Size of your company and projects

● Location of your company and projects
● Whether you own or rent the office space
● Your previous claims history
● The risk factor involved in your trade
Feel free to call and talk to one of our experts about policies available for commercial
property and get a free, no-obligation quote tailored to your specific needs as a contractor.
Commercial Roofing Insurance
Commercial Roofing Contractor is a profession with a higher risk associated with it, no
in hard times.
A Commercial Roofing Insurance policy is to be considered a small business insurance




Commercial Roofing Insurance . Insurance will protect you and your business from any
expenses.


covered.

their medical bills or lost wages. This, as part of Commercial Roofing Insurance , can be a
your business.
seamless.
policy.
Who should buy Commercial Roofing Insurance ?

What doesn't Commercial Roofing Insurance cover?
● Floods
● Earthquake
● War
Cost of Commercial Roofing Insurance

carrier.
factors above.
How to buy Commercial Roofing Insurance
insurance.
At PBIBINS we provide you with the best Commercial Roofing Insurance policy because we
At PBIB, we specialize in Commercial Roofing Insurance, we can give you an impartial

part.
essential.


Communication Equipment Installation Insurance
Communication Equipment Installation Contractor is a profession with a higher risk

A Communication Equipment Installation Insurance policy is to be considered a small




Communication Equipment Installation Insurance . Insurance will protect you and your
business from any work-related issues or accidents. It doesn't matter which trade from the


covered.

their medical bills or lost wages. This, as part of Communication Equipment Installation
your business.
seamless.
policy.
Who should buy Communication Equipment

Installation Insurance ?
What doesn't Communication Equipment Installation Insurance cover?
● Floods
● Earthquake
● War
Cost of Communication Equipment Installation Insurance

carrier.
factors above.
How to buy Communication Equipment Installation

Insurance
insurance.
At PBIBINS we provide you with the best Communication Equipment Installation Insurance
policy because we use multiple service providers to choose what is best for you.
At PBIB, we specialize in Communication Equipment Installation Insurance, we can give you

an impartial comparison with a strong background in Construction industry.
part.
essential.


Concrete Construction Insurance
Concrete Construction Contractor is a profession with a higher risk associated with it, no
in hard times.
A Concrete Construction Insurance policy is to be considered a small business insurance




Concrete Construction Insurance . Insurance will protect you and your business from any
expenses.


covered.

their medical bills or lost wages. This, as part of Concrete Construction Insurance , can be a
your business.
seamless.
policy.
Who should buy Concrete Construction Insurance ?

What doesn't Concrete Construction Insurance cover?
● Floods
● Earthquake
● War
Cost of Concrete Construction Insurance

carrier.
factors above.
How to buy Concrete Construction Insurance
insurance.
At PBIBINS we provide you with the best Concrete Construction Insurance policy because
At PBIB, we specialize in Concrete Construction Insurance, we can give you an impartial

part.
essential.


Debris Removal Insurance
Debris Removal Contractor is a profession with a higher risk associated with it, no matter
times.
A Debris Removal Insurance policy is to be considered a small business insurance policy,




Debris Removal Insurance . Insurance will protect you and your business from any work-
expenses.


covered.

their medical bills or lost wages. This, as part of Debris Removal Insurance , can be a safety
net for your business.
your business.
seamless.
policy.
Who should buy Debris Removal Insurance ?

What doesn't Debris Removal Insurance cover?
● Floods
● Earthquake
● War
Cost of Debris Removal Insurance

carrier.
factors above.
How to buy Debris Removal Insurance
insurance.
At PBIBINS we provide you with the best Debris Removal Insurance policy because we use
At PBIB, we specialize in Debris Removal Insurance, we can give you an impartial

part.
essential.


Decorations Insurance
Decorations Insurance Contractor is a profession with a higher risk associated with it, no
in hard times.
A Decorations Insurance Insurance policy is to be considered a small business insurance




Decorations Insurance Insurance . Insurance will protect you and your business from any
expenses.


covered.

their medical bills or lost wages. This, as part of Decorations Insurance Insurance , can be a
your business.
seamless.
policy.
Who should buy Decorations Insurance Insurance ?

What doesn't Decorations Insurance Insurance cover?
● Floods
● Earthquake
● War
Cost of Decorations Insurance Insurance

carrier.
factors above.
How to buy Decorations Insurance Insurance
insurance.
At PBIBINS we provide you with the best Decorations Insurance Insurance policy because
At PBIB, we specialize in Decorations Insurance Insurance, we can give you an impartial

part.
essential.


Decorative Metal Erection Insurance
Decorative Metal Erection Contractor is a profession with a higher risk associated with it, no
in hard times.
A Decorative Metal Erection Insurance policy is to be considered a small business insurance




Decorative Metal Erection Insurance . Insurance will protect you and your business from any
expenses.


covered.

their medical bills or lost wages. This, as part of Decorative Metal Erection Insurance , can
be a safety net for your business.
your business.
seamless.
policy.
Who should buy Decorative Metal Erection Insurance ?

What doesn't Decorative Metal Erection Insurance cover?
● Floods
● Earthquake
● War
Cost of Decorative Metal Erection Insurance

carrier.
factors above.
How to buy Decorative Metal Erection Insurance
insurance.
At PBIBINS we provide you with the best Decorative Metal Erection Insurance policy
At PBIB, we specialize in Decorative Metal Erection Insurance, we can give you an impartial
part.
essential.


Door Window Garage Doors Insurance
Door, Window, Garage Doors Insurance Contractor is a profession with a higher risk
A Door, Window, Garage Doors Insurance Insurance policy is to be considered a small



However, it doesn't matter if you're a general contractor or a subcontractor, you’ll need Door,
Window, Garage Doors Insurance Insurance . Insurance will protect you and your business
from any work-related issues or accidents. It doesn't matter which trade from the


covered.

their medical bills or lost wages. This, as part of Door, Window, Garage Doors Insurance
your business.
seamless.
policy.
Who should buy Door, Window, Garage Doors

Insurance Insurance ?
What doesn't Door, Window, Garage Doors Insurance Insurance cover?
● Floods
● Earthquake
● War
Cost of Door, Window, Garage Doors Insurance Insurance

carrier.
factors above.
How to buy Door, Window, Garage Doors Insurance

Insurance
insurance.
At PBIBINS we provide you with the best Door, Window, Garage Doors Insurance Insurance
At PBIB, we specialize in Door, Window, Garage Doors Insurance Insurance, we can give
you an impartial comparison with a strong background in Construction industry.
part.
essential.


Driveway Sidewalk Flatwork Insurance
Driveway, Sidewalk, Flatwork Contractor is a profession with a higher risk associated with it,
in hard times.
A Driveway, Sidewalk, Flatwork Insurance policy is to be considered a small business




Driveway, Sidewalk, Flatwork Insurance . Insurance will protect you and your business from
medical expenses.


covered.

their medical bills or lost wages. This, as part of Driveway, Sidewalk, Flatwork Insurance ,
your business.
seamless.
policy.
Who should buy Driveway, Sidewalk, Flatwork

Insurance ?
What doesn't Driveway, Sidewalk, Flatwork Insurance cover?
● Floods
● Earthquake
● War
Cost of Driveway, Sidewalk, Flatwork Insurance

carrier.
factors above.
How to buy Driveway, Sidewalk, Flatwork Insurance
insurance.
At PBIBINS we provide you with the best Driveway, Sidewalk, Flatwork Insurance policy
At PBIB, we specialize in Driveway, Sidewalk, Flatwork Insurance, we can give you an

part.
essential.


Dry Wall Insurance
Dry Wall Insurance Contractor is a profession with a higher risk associated with it, no matter
times.
A Dry Wall Insurance Insurance policy is to be considered a small business insurance



However, it doesn't matter if you're a general contractor or a subcontractor, you’ll need Dry
Wall Insurance Insurance . Insurance will protect you and your business from any work-
expenses.


covered.

their medical bills or lost wages. This, as part of Dry Wall Insurance Insurance , can be a
your business.
seamless.
policy.
Who should buy Dry Wall Insurance Insurance ?

What doesn't Dry Wall Insurance Insurance cover?
● Floods
● Earthquake
● War
Cost of Dry Wall Insurance Insurance

carrier.
factors above.
How to buy Dry Wall Insurance Insurance
insurance.
At PBIBINS we provide you with the best Dry Wall Insurance Insurance policy because we
At PBIB, we specialize in Dry Wall Insurance Insurance, we can give you an impartial
part.
essential.


Electrical Work Insurance
Electrical Work Insurance Contractor is a profession with a higher risk associated with it, no
in hard times.
A Electrical Work Insurance Insurance policy is to be considered a small business insurance




Electrical Work Insurance Insurance . Insurance will protect you and your business from any
expenses.


covered.

their medical bills or lost wages. This, as part of Electrical Work Insurance Insurance , can
your business.
seamless.
policy.
Who should buy Electrical Work Insurance Insurance ?

What doesn't Electrical Work Insurance Insurance cover?
● Floods
● Earthquake
● War
Cost of Electrical Work Insurance Insurance

carrier.
factors above.
How to buy Electrical Work Insurance Insurance
insurance.
At PBIBINS we provide you with the best Electrical Work Insurance Insurance policy
At PBIB, we specialize in Electrical Work Insurance Insurance, we can give you an impartial
part.
essential.


Excess Insurance
Excess insurance, also known as umbrella insurance or excess liability insurance, is a policy
that essentially provides you extra coverage to protect you in case your damages exceed
your main policy limits. It can be thought of as an add-on to extend the limits of your existing,
general liability, auto insurance, workers’ compensation, and employee benefits liability
policies. Excess insurance will behave as an extension of these policies and cover anything
in the original coverage that costs more than the original policy.
One of the main things you need to do, however, is to evaluate potential damages or the
total cost of the projects you are handling. This will ensure that you actually need the
umbrella insurance or not.
As a small business, it is very important that you are covered by excess insurance,
especially in the high-risk industry of construction. Sometimes, while working on government
projects especially, excess insurance can be mandatory for you to get so that you can even
begin working on the project.
For example, if you are a company that handles multiple renovations at a larger scale, with
many subcontractors and employees involved, you might need umbrella coverage more than
another construction company that only constructs one or two houses at a time.
It all really comes down to the costs of your projects. You can all now, and speak to our
excess insurance experts on what your specific needs require, or you could fill out our form
to get a free, no obligations quote, based on your requirements for your consideration.
Is excess insurance for your business?

The potential for something going wrong in a business as risky as construction is very high;
so is the probability of a company that deals with multiple construction projects at a time,
exceeding its existing insurance policy limits.
Excess insurance is for you if;
● You have a lot of walk-in clients in your office

● Your company installs or constructs on other people’s property
● You and your company own or operate heavy machinery or vehicles
To summaries, if you and your company deal with a high level of public exposure you might
need an excess insurance policy to extend your safety net. You can call now and talk to our
excess insurance experts for a detailed discussion and advice on an excess insurance policy
as per your individual needs, or you can fill out our form to get a no-obligation, free quote for
considerations, based on your specific requirements.
How does excess insurance work?

Consider this: a client, visiting the construction site, slips on a spill, falls, and acquires a
serious injury that results in loss of income for them. All of this is followed by a long and
exorbitant legal battle, that you end up losing. By this time, so many bills have piled up and
you need to pay; your lawyers, the compensation for the injured, and their medical bills.
Since it is a hypothetical situation, let's assume that the bills run over the $1,000,000 that
your basic insurance covers. The rest of the amount will need to be paid out of your own
pocket, affecting your business. If the costs are high enough, they could damage your
business permanently. Having excess insurance will cover you for the amount that exceeds
your underlying policies, potentially saving your business from permanent damage.
You can call now and talk to our excess insurance experts for a detailed discussion and
advice on an excess insurance policy as per your individual needs, or you can fill out our
form to get a no-obligation, free quote for considerations, based on your specific
requirements.
What is covered by excess liability?

Excess insurance is essentially an extension of your existing insurance policies and
therefore, covers everything your existing insurance policies cover, be it general liability,
auto insurance, workers’ comp, builders’ risk, or any other policy. So basically, the coverage
of excess insurance depends on the underlying policies you have.
What does excess policy not cover?

To put it in simple terms, excess insurance does not cover anything that is not covered by an
underlying insurance policy. If you do not have a general liability policy, the excess
insurance will not cover any third party damages done by you or your employees, during a
project.
There are certain types of policies the excess insurance will not cover regardless. For
example, excess insurance will not cover any property insurance or professional liability
insurance claims.
You can call now and talk to our excess insurance experts for a detailed discussion and
advice on an excess liability policy as per your individual needs, or you can fill out our form
to get a no-obligation, free quote for considerations, based on your specific requirements.
How much does it cost?

As is the case with all other insurance policies, excess liability can have a variable cost
depending on the details of your policy. The minimum coverage you can possibly buy starts
from $1 million. The cost of excess insurance really depends upon a few factors, some of
which ore listed below.
● Policy limits and coverages

● Underlying policies
● Claims history
● Experience
● Location
● Size of the projects included in the policy
● Quality of the materials
● Extensions added
● Subcontractor Cost
You can call now and talk to our excess liability experts for a detailed discussion and advice
on an excess liability policy as per your individual needs, or you can fill out our form to get a
no-obligation, free quote for considerations, based on your specific requirements.
Executive supervisors Insurance
Executive supervisors Contractor is a profession with a higher risk associated with it, no
in hard times.
A Executive supervisors Insurance policy is to be considered a small business insurance




Executive supervisors Insurance . Insurance will protect you and your business from any
expenses.


covered.

their medical bills or lost wages. This, as part of Executive supervisors Insurance , can be a
your business.
seamless.
policy.
Who should buy Executive supervisors Insurance ?

What doesn't Executive supervisors Insurance cover?
● Floods
● Earthquake
● War
Cost of Executive supervisors Insurance

carrier.
factors above.
How to buy Executive supervisors Insurance
insurance.
At PBIBINS we provide you with the best Executive supervisors Insurance policy because
At PBIB, we specialize in Executive supervisors Insurance, we can give you an impartial

part.
essential.


Fence Erection Insurance
Fence Erection Contractor is a profession with a higher risk associated with it, no matter
times.
A Fence Erection Insurance policy is to be considered a small business insurance policy,




Fence Erection Insurance . Insurance will protect you and your business from any work-
expenses.


covered.

their medical bills or lost wages. This, as part of Fence Erection Insurance , can be a safety
your business.
seamless.
policy.
Who should buy Fence Erection Insurance ?

What doesn't Fence Erection Insurance cover?
● Floods
● Earthquake
● War
Cost of Fence Erection Insurance

carrier.
factors above.
How to buy Fence Erection Insurance
insurance.
At PBIBINS we provide you with the best Fence Erection Insurance policy because we use
At PBIB, we specialize in Fence Erection Insurance, we can give you an impartial

part.
essential.


Fixtures Installation Insurance
Fixtures Installation Contractor is a profession with a higher risk associated with it, no matter
times.
A Fixtures Installation Insurance policy is to be considered a small business insurance




Fixtures Installation Insurance . Insurance will protect you and your business from any work-
expenses.


covered.

their medical bills or lost wages. This, as part of Fixtures Installation Insurance , can be a
your business.
seamless.
policy.
Who should buy Fixtures Installation Insurance ?

What doesn't Fixtures Installation Insurance cover?
● Floods
● Earthquake
● War
Cost of Fixtures Installation Insurance

carrier.
factors above.
How to buy Fixtures Installation Insurance
insurance.
At PBIBINS we provide you with the best Fixtures Installation Insurance policy because we
At PBIB, we specialize in Fixtures Installation Insurance, we can give you an impartial

part.
essential.


Floor Covering Installation Insurance
Floor Covering Installation Contractor is a profession with a higher risk associated with it, no
in hard times.
A Floor Covering Installation Insurance policy is to be considered a small business insurance



However, it doesn't matter if you're a general contractor or a subcontractor, you’ll need Floor
Covering Installation Insurance . Insurance will protect you and your business from any
expenses.


covered.

their medical bills or lost wages. This, as part of Floor Covering Installation Insurance , can
your business.
seamless.
policy.
Who should buy Floor Covering Installation

Insurance ?
What doesn't Floor Covering Installation Insurance cover?
● Floods
● Earthquake
● War
Cost of Floor Covering Installation Insurance

carrier.
factors above.
How to buy Floor Covering Installation Insurance
insurance.
At PBIBINS we provide you with the best Floor Covering Installation Insurance policy
At PBIB, we specialize in Floor Covering Installation Insurance, we can give you an impartial
part.
essential.


Furniture Carpet Rug Insurance
Furniture Carpet Rug Contractor is a profession with a higher risk associated with it, no
in hard times.
A Furniture Carpet Rug Insurance policy is to be considered a small business insurance




Furniture Carpet Rug Insurance . Insurance will protect you and your business from any
expenses.


covered.

their medical bills or lost wages. This, as part of Furniture Carpet Rug Insurance , can be a
your business.
seamless.
policy.
Who should buy Furniture Carpet Rug Insurance ?

What doesn't Furniture Carpet Rug Insurance cover?
● Floods
● Earthquake
● War
Cost of Furniture Carpet Rug Insurance

carrier.
factors above.
How to buy Furniture Carpet Rug Insurance
insurance.
At PBIBINS we provide you with the best Furniture Carpet Rug Insurance policy because we
At PBIB, we specialize in Furniture Carpet Rug Insurance, we can give you an impartial
part.
essential.


General Liability
General liability insurance can protect a business from liabilities of many kinds. It gives
protection from many unforeseen yet surprisingly common eventualities and false claims,
saving a business from unnecessary financial loss. General liability insurance is usually the
best policy to form a layer of protection for yourself and your business.
General Liability insurance (CGL or GL) in its advanced form is usually Commercial General
Liability Insurance or just General Liability Insurance. It consists of some basic coverages
and may be tailored to fit the most of the company’s needs. The General Liability Insurance
can financially save a company from claims that result from business operations, either
carried out by you or your employees. These expenses are mostly linked to third-party
accidents, property damage, data loss, bodily injuries, related costs and any accidents that
can possibly occur on your property.
For example, a bystander is hit by a shingle from a roof you are installing and severely hurt.
They are going to need medical care and could sue your company. This is where your
general liability insurance will kick in and cover those losses, so you don’t have to pay out of
pocket. The commercial general liability insurance policy will kick in and help cover all the
legal and medical bills you are charged with.
How General Liability Insurance Works

What happens when a general liability insurance policy is activated? It takes the financial
liability away from your business and pays the costs that are incurred by the injured party,
such as repairs to property or medical bills, all the while taking care of your legal expenses.
Basically, general liability insurance keeps your business working in situations where your
business could potentially be forced to close down and/or liquidate a substantial amount.
A major example?
An electrician is repairing a client’s circuits in the house. He does not secure the wiring as
properly as it should have been, causing a short circuit and an electrical fire. The
electrician’s general liability insurance policy will take care of the $10,000 bill of damages
caused by the short circuit and the subsequent fire. The electrician will only have to pay the
policy deductible from his own pocket, and thus, his business is safe.
Had there been no general liability insurance policy, the electrician would have had to not
only pay the entire $10,000, but also fulfil any legal fees in case of a lawsuit, out of his own
pocket, thus setting his business far back.
So basically, the general liability insurance policy will not only make your business safer from
claims of injuries sustained by the third parties, but also cover the legal costs you might have
through the course of your work. With an estimated 20 million civil lawsuits filed every year,
there is a very high chance that you may need the General Liability Insurance Policy to
protect your business from any serious financial damage.
The Standard General Liability Insurance Policy Is Made of Several Parts.
General Aggregate
It’s the maximum amount of coverage a general liability insurance policy will pay over its
specified period. Once the general aggregate amount is finished, the policy is no longer
liable to provide any sort of coverage.
Products & Completed Operations Aggregate

This is the maximum amount of coverage that the general liability insurance policy will pay
from a loss resulting from a product or service you have sold after the product or service has
been delivered, put into use or completed.
Personal & Advertising Injury

One of the more misunderstood parts of the general liability insurance policy. This section
provides coverage for losses resulting from things like libel, slander, and/or false arrest.
Each Occurrence Limit

This is the maximum payable due to any one occurrence on the general liability insurance
policy. This may be smaller than the General Aggregate. So, you may have multiple losses
that combined may reach the General Aggregate, but no single loss may go over each
occurrence limit. It is possible to raise the Occurrence Limit and the General Aggregate with
the purchase of an Excess Liability Policy or an Umbrella Insurance Policy.
Damage to Rented Premises or Fire Damage Limit

This is the easiest to explain because it only covers one very specific situation, fire damage
to the space you rent. If you rent an office or warehouse or other type of space for your
contracting business, this space is property in your care, custody or control which is not
covered by the General Liability Insurance Policy as explained above. This part gives back
some coverage for a loss by “fire only” that is due to your negligence. Clarification: If you or
you employees cause fire damage to your customers property, this is coverage policy up to
policy limits.
Medical Payments
This is a sub-limit (usually $5,000 or $10,000) of general liability insurance coverage for
medical bills that result from your product, services or operation without the heavy burden of
negligence having to be proven. Keep in mind that this would be solely for medical bills so
any claims for additional compensation such as future loss of earnings or property damage
would not be included in the Medical Payments sub-limit.
Clarification: This is for a small injury, without having to prove that you or your employee was
the negligence of the injury. Major injuries to 3rd party will be covered under part A of your
general liability insurance policy up to policy limits. You and your employees are excluded
from coverage from any part of the policy.
What general liability insurance Shields You From?
At the very core of it, general liability insurance protects you and your business from losses
caused by the services, operations and employees that you and your business have. It can
be divided into several scenarios/categories.
● Claims for bodily injury. A client or a third party getting hurt at your place of
business or premises (Not yours or your employees).
● Medical payments. If a client or third party gets hurt at your premises, you will
bear all of the medical costs (Not yours or your employees).
● Property damage. Caused by your employee, your business or yourself.
● Reputational harm. For malicious prosecution, slander, wrongful eviction,
privacy violation and more such issues.
● Advertising errors. For copyright infringement and advertisement.
Let’s look at all these in detail:
Claims for Bodily Injury

This usually involves any third party who incurred damages during the process of
manufacturing, building, working, or even visiting your worksite, for work related or other
purposes.
Bodily injuries caused by a business are the most common type of liability your business
may face, resulting in you having to pay for the claimant’s medical bills in the least. An injury
claim could be something as trivial as a fall at your place of business causing a sprain, to
something more serious like an injury from an accident on a construction site causing broken
bones or even death.
Example: A bystander is struck by a shingle that’s fallen from the roof of a home you’re
repairing and breaks their arm
The bodily injury or property damage must be caused by an occurrence. This is defined as
an accident which includes continuous or repeated exposure to the same harmful conditions,
and it must occur in the areas covered by the policy. Each coverage is subject to
predetermined conditions though.
Example: Suppose you put your equipment down on the sidewalk while you’re loading your
van in the morning. A neighbour distracted on their phone doesn’t see it and falls over it,
shattering their hand. They can sue you for their medical expenses.
Medical Expenses
Commercial general liability insurance policy helps pay for medical expenses and legal costs
if an incident from your business leads to a lawsuit. Business general liability insurance can
help cover costs related to these types of claims.
Medical payments coverage is not the same as medical expenses coverage. All other
coverages require a proof that you were indeed responsible for it or there was undeniably
negligence on your behalf. Medical payments coverage does not require this; it pays out
without assigning any faults to either of the parties involved. It provides coverage for harm to
a third party at your business location or any other location where you or your employees are
conducting activities related to your business.
Another part of this; Compensatory damages, include expenses incurred by the claimant as
a result of the injury, such as the cost of medical services and lost wages from missing work,
as well as projected future losses and expenses.
Example: A child wanders into your construction site to play hide and seek with their friends
when they suddenly step on a nail. Even though your site is gated and you may not be at
fault, that child can still get medical help immediately.
Property Damage
Is another common general liability insurance claim. When property is damaged due to
negligence by you or your business, the owner can sue you.
In the construction field, property damage is the most likely occurrence that you would file a
claim for. While fixing up or building new homes you are constantly manipulating different
parts of a building and sometimes an accident will occur that results in damage.
Example: You installed a roof on a home and a month later rain starts spilling through a
crack and damages the interior of the home.
Reputational Harm and Advertising Errors

It is also known as Personal injury or libel, slander, advertising injury, invasion of privacy,
malicious prosecution, wrongful eviction, violating a person’s privacy, copyright infringement.
Example: While speaking to a potential client, you make some inopportune comments about
a competing electrical company. The competitor finds out and considers your comments to
be slanderous and sues you. General liability insurance policy would be your safety net in
this situation.
General liability insurance is your shield against claims such as a wrongful arrest,
defamation of character and wrongful eviction. This policy can also give coverage if your
advertising efforts cause a financial loss.
Example: In an SMS campaign to your complete mailing list, you use a copyright line to
attract customers to use your HVAC services. Unfortunately, you accidentally plagiarised
some content and they sue you over it. Once again, general liability insurance would help
you financially get around the problem in a good way.
Most small businesses have a presence online, and with each monumental leap in
technology, social media and other online platforms are becoming a quick way of gaining
attention — for better or for worse. Libel is a term used when you print fabrication about
someone and slander is when you speak that falsehood to other people. Countless
businesses, regardless of their size, have been subjected to lawsuits because of something
apparently harmless; a joke, meme or an accusation pointed to another business. It would
be grounds for a claim on your business or you.
Copyright infringement claims come around when you use someone else’s work in your
business ads or marketing, without buying proper rights to the content.
Advertising injury happens when your advertisements might violate some other party’s
copyrights by using their ideas for commercial purposes without permission/ this can be the
reason for a lawsuit. However, General liability insurance will protect your business against
any advertisement injury, including social media risks.
Reputational harm may occur if you unwittingly said something in a news interview about a
competitor that hurts their business.
You can boost your safety net by adding on various riders and other insurance policies like
auto insurance, professional liability etc, but the general liability insurance will be a base
cover for everything.
Other Factors Covered by the general liability insurance Policy:
Legal Fees
General liability insurance policy covers a wide range of risks by paying for the costs of
litigation as well as compensation for the injury. These costs can include court-awarded
damages, settlements, and medical costs.
Défense Costs
Legal defence is the main expense associated with lawsuits. A general liability insurance
policy provides coverage for legal counsel, which will be assigned and paid for by the
insurer.
The general liability insurance policy covers the cost of defending the insurance company or
party against the charges that are named in the lawsuit. This can include attorney fees, costs
for investigation, and other related legal expenses. This will save you and your company
from liquidating any assets to pay thousands of dollars in legal defence fees.
Judgments and Settlements Incurred as A Result of Litigation

A General Liability Insurance Policy will cover your expenses should you need to go to court
to defend an accident, an injury, or damage to property. Typically, your policy will pay for
legal representation, litigation fees, out-of-court settlements, and judgments set by the court.
The costs to the defence can be a huge amount even when the defence is not responsible
for the damages. The indemnity, or payment of damages, and the defence obligations are
the two parts of a General Liability Insurance Policy.
Possible Loss of Income

In case of being sued, your company could not only lose money, but also have its reputation
damaged, which could cause you to potentially lose business and revenue, even if the
lawsuit is ultimately unsuccessful. General liability insurance would pay, not only for all the
court costs but also possible loss of income due to defamation.
Non-Compensatory or General Damages

This includes non-monetary losses experienced by the affected party, such as "pain and
suffering" or "mental torment."
Liability of others assumed in specifically defined contracts
Business disparagement
Copyright infringement in your advertisement
Damages Not Included in Your Policy

While most general liability insurance policies provide coverage for compensatory and non-
compensatory damages, punitive damages are typically not covered. Punitive damages are
the additional money awarded as a penalty and sanction against the defendant as a form of
punishment for its actions.
Property damage claims to personal property of third parties damaged by your workers.
Product liability is for when harm is caused by your “finished products.”
Damage to property you are renting for your business.
Advertising errors, libel, slander, reputational harm or bodily injury.
Who Is Protected by General Liability?
Business and Its Employees

Usually, general liability insurance coverage is for the business and its employees when
claims are made against them from an outside party that bodily injury or property damage
was caused as a result of business operations. It protects against claims if business
operations cause third party injury or damages.
Why Do You Need General Liability?

Well, the simplest answer to this question is because people like to sue for anything and
everything they can.
Moreover, the speed of technological development in today’s world and the concept of a
shared economy with more and more businesses collaborating for projects, are two more
things that have blurred the lines for liability. Trying to figure out the right type of coverage
for your business can become quite a challenge.
Following are some examples of when you might need coverage from liability of different
kinds.
Premises and Operations

You are a store owner and a customer trip over a fixture, sustaining significant injuries.
Medical bills are submitted to you for payment. General liability insurance policy will give you
coverage for these charges, even if you are sued for negligence by the injured customer.
Products and Completed Operations
You are a contractor who built a deck for a patron. A year later, it turns out the deck was
flawed and causes quite some damage to the house. You are sued by the patron for
negligence and destruction of property. It goes to court and your customer wins. The
General Liability Insurance Policy will not only cover the amount you are fined with, but also
the legal costs you have had to pay.
Employment Practices Liability (EPLI)

Running a big business means having a lot of employees, this means a greater chance of
being held liable for something anyone of them could have done, in which case you will need
EPLI coverage. Employment Practices Liability insurance can help cover your business
entity, directors, officers, and employees if you are accused of wrongful termination,
harassment, discrimination, and other employment-related offenses.
Contractual Liability
It means that a company has taken on responsibilities that do not exist under normal law and
has voluntarily taken on liability that is outlined in a contract specifically. This is a scenario
which will help you rest assured that in case of a problem, you will not suffer from
unnecessary financial loss.
Independent Contractor Liability

It is used to describe a person or company that hires an independent contractor to work on
their behalf. This type of liability may be used by smaller companies that hire independent
contractors for some of their jobs.
Liability claims are very common and can get very expensive for any small business. Having
a general liability insurance policy will help you protect your business from liability claims.
● Business Owners. If you own a business, the sensible thing to do is to get business
liability insurance or a full business owner's policy. You've worked hard to get this far,
and one accident or injury could cause financial setbacks for you.
● Contractors. General liability insurance coverage is a great idea to keep you
protected from your on-the-job risks.
● Employees. In some cases, commercial general liability insurance is a requirement of
employment before you can start.
Businesses should investigate purchasing some type of general liability insurance coverage
as soon as they are founded. Carrying general liability is usually a requirement for many
large companies to award projects, signing contracts, and getting a lease for your business
address.
Mainly, having a general liability insurance policy assures companies and clients, who are
interested in working with you, that your finances and work is secure. They want to work with
an assurance that you will not go bankrupt due to a lawsuit filed against you, which could
happen if you are not covered by a general liability insurance policy. If your business can be
sued for anything under the excess of bodily injuries, property damages, marketing the
wrong way or mishandling the client’s information due to any possible action by you or your
employees, you should get general liability insurance coverage.
Other reasons why small businesses need commercial general liability insurance include:
Accreditation: If your business is certified or accredited by a professional organisation, that
organisation may require you to keep your general liability insurance coverage current for
licensure.
Permitting: Many states or municipalities require proof of general liability insurance before
providing your business permit or licence.
Here are a few additional reasons why you may need a General Liability Insurance policy:
● General liability insurance thwarts the danger of you from paying out of
pocket for damages and lawsuits that could potentially be destructive for your
business.
● General liability insurance can provide protection from products that are faulty
products that can cause injury or damage.
● General liability insurance can help you keep your business legal, as many
states require proof of a commercial general liability insurance policy for certain types
of businesses.
● General liability insurance proves to employees that you are serious about
your business, letting you recruit and hire the best people in your industry.
● General liability insurance can meet legal requirements in case you have to rent or
lease a space for your business.
A general liability insurance policy must be tailored to your needs. A good, independent
insurance agent will give you endorsement options and exclusions before you purchase a
general liability insurance policy. Nevertheless, it is important for you to have a general
knowledge of your insurance beforehand. Some of the most common endorsements are:
● Open roof coverage

● Hot work coverage
● Uninsured Subcontractor
● Tool’s endorsement (Tool & Equipment Floater)
● Supplemental liability insurance
● Contractual Liability
● Prior Work
You can modify your general liability insurance coverage by adding these and other
endorsements based on the risks that your business encounters based on your trade.
Cost of General Liability

The cost of a general liability insurance policy can vary a lot depending on a variety of
factors. You can even bundle up different policies together to protect your business better,
as mentioned before. However, the general liability insurance policy itself can also fluctuate
with its terms and conditions as well. In general, the main factors are:
Claims history (Insurance claims history). History of previous claims can be one of the main
and most decisive factors in determining the cost of your general liability insurance policy.
The higher the number of claims against you and your company, the higher the cost of your
safety net.
Experience. The number of years you have been in business is another deciding factor in
the cost of general liability insurance, since with more experience in your field the less likely
you are to face a claim.
Industry. Companies in higher risk industries pay a higher cost compared to lower risk
businesses. For example, a roofing contractor is at higher risk than say a handyman. Also,
businesses with greater risk factors, like personal injuries or property damage will have a
higher premium.
Location (Business location). A business located in a highly populated area with greater risk
exposures will pay higher premiums. For example, the construction company will pay more if
the project is located in a densely populated area, as compared to a project on the outskirts
of the city. Therefore, rates vary based on the state where you conduct business.
Policy limits and coverages. There are many limitations a general liability insurance policy
can possibly have. The more things you include in your policy, the higher its cost will be.
Secondly, the deductible amount you choose for your general liability insurance policy
affects your premium. Therefore, if your deductible is higher, you pay a lower premium.
Gross Receipts (Annual). This is by far the most common premium basis, based on the
amount a business grosses in a year.
Subcontractor Cost (Annual). This may reduce or increase the cost depending on the carrier.
Payroll and size. It is the second most used to decide factor for a premium after Gross
Receipts, it is used for services or construction industries where the biggest risk of claims
depends on the quality and amount of work performed by an employee.
Costs Will Fluctuate

For a small business that needs one million dollars of coverage, the price, based upon the
factors above.
be treated the same. No two businesses have the same general liability insurance policy. In
addition, minimum premiums are involved. The insurance carriers establish certain minimum
Is There a Legal Requirement for General Liability

Federal law does not require you to have a commercial general liability insurance policy, but
most cities and states do have their own insurance requirements for certain businesses,
especially those who work in public. For example, if you are a general contractor who is
applying for a license, most states will require you to provide proof of general liability
insurance coverage before you can get a licence.
And even in places it isn’t required by law, you could end up owing hundreds of thousands of
dollars because someone tripped over the area rug in your waiting room and hit their head
on your coffee table.
Imagine hiring a company to do landscaping for your law firm. Halfway through, they get hit
with a property damage claim from another business they worked with. If they don’t have
business general liability insurance and cannot afford to handle the claim, they may be
forced to shut down.
So, you’re left with a half-finished landscaping job and the burden of hiring someone else.
Policy Limitations or Exclusions of General Liability

What You Need to Be Careful Of
As important as knowing what your general liability insurance does cover, it is equally as
important to know what it WON’T, so you are not taken by surprise in case such a situation
arises. To understand that you have to know that no two General Liability Insurance policies
are identical and that all policies contain omissions. What your policy excludes depends on
your trade and operations within that trade.
General Liability Insurance coverage is normally bundled with other coverages in order to
create a thorough plan of protection. For example, although it typically does not compensate
for punitive damages that are assessed for negligence or wilful misconduct, it is possible to
purchase a Commercial Excess Liability Insurance to guard against claims of that nature.
General Liability Insurance does not cover or replace Workers Compensation Insurance,
Errors and Omissions Insurance or Directors and Officers Insurance (if your business
requires that coverage).
However, there are always basic exclusions in all insurance policies. Below is a list of
common exclusions for general liability insurance:
● Premise’s liability limits the coverage to a specific address or addresses that have
been listed. Any address outside of those is not covered.
● Operation limitation is the coverage of very specific operations, as suggested by the
name. It applies especially if your business is considered highly hazardous. This
needs to be reviewed carefully so you can amend or remove the endorsement as per
need.
● Contractor and subcontractor exclusions are becoming common in the construction
industry. Other industries are beginning to exclude the work of contractors in their GL
policies.
● Pollution liability coverage is generally excluded from General Liability Insurance
policies, but it can be purchased as an endorsement or as a separate policy.
● Expected or intended injury, or bodily injury or property damage that’s intentional, is
again not covered by General Liability Insurance policies. It doesn’t cover intentional
damage done to your own product or property by you or one of the insured parties on
your policy.
● Contractual liabilities include additional liabilities you assume in a contract unless you
would have been otherwise legally responsible for without the agreement.
● First party damage is the bodily injury or property damage to yourself. It is not
covered by General Liability Insurance policies, but can be purchased separately.
● Damage to your product or work is not covered. General Liability Insurance policy
only covers the work of others that your product or work is damaged.
● Product recalls and associated costs are also not covered by General Liability
Insurance policies.
●
● Data breaches and most claims arising out of the handling of electronic data. For
this, you have to get a separate cyber security policy. These are currently very cheap
and easily available.
● Employee injuries or illnesses resulting from their work are another phenomenon not
covered. That’s covered by the workers’ compensation insurance, not by the general
liability insurance. This will provide your employees benefits to help them recover
from a work-related personal injury or illness. Its cost is dependent on your field of
work and how hazardous it is.
● Damage to your own business property is not covered by General Liability Insurance
and you’ll need a commercial property policy to protect your self-owned or rented
building and policies to protect the business equipment.
● Automobile accidents caused by you or your employees while driving to and for work
are not a part of this. You need a commercial auto policy for that, especially if driving
is a regular part of your business.
● Errors in professional services will be covered by professional liability coverage that
will help cover your legal costs in case of a lawsuit you might face for an error in
professional services provided by your business.
● Claims of harassment or discrimination are increasingly important today but are not
covered by the General Liability Insurance. An employment practices liability (EPL)
policy will help guard you from possible employment-related lawsuits.
● Claims over your policy limit are also not covered. A commercial excess policy,
however, extends your general liability limits to help cover expensive claims.
As you can see from all the above types of scenarios, General Liability Insurance policies
include most of the coverage you will need, but they still exclude quite a lot. You need to be
careful when reviewing your policy and must ALWAYS read the EXCLUSIONS, so you are
not taken by surprise in case a situation arises where you were expecting to be covered but
are actually not. Your business is counting on you to make the right decisions.
Feel free to call and talk to one of our experts about General Liability Insurance and get a
free, no-obligation quote tailored to your specific needs as a contractor.
Coverage Limitations of General Liability

General Liability Insurance limits vary, depending on a company’s needs as discussed
above. Different industries have various exposures and require a specialised approach. It’s
best to decide on General Liability limits with the guidance of an expert insurance
professional.
Like a traditional insurance plan, a General Liability Insurance Policy pays for covered claims
up to a specified limit. The most common General Liability Insurance Policy is a
$1,000,000/$2,000,000 policy.
$1,000,000 per occurrence limit. This means the insurer will pay up to one million dollars to
cover any one claim.
$2,000,000 aggregate limit. During the effective dates of a policy (typically a year), the
insurer will pay up to two million dollars to cover any number of claims.
$1,000,000 per completed operations limit. This means the insurer will pay up to one million
dollars to cover any one claim, for completed operations.
Therefore, you need to be careful when you sign a policy, so you know if it is a per
occurrence limit or an aggregate limit.
Benefits of General Liability

As stated in the above chapters, getting a General Liability Insurance Policy has its own
benefits, which pay out in time. Here are a few benefits that come with a General Liability
Insurance Policy:
● Increases client contracts. Clients don’t want to be liable for your mistakes. Having
a general liability insurance policy will guarantee higher safety standards for your
business. It will also ensure the clients that you will not go bankrupt, mid-job.
Therefore, this will encourage trust between the client and your business.
● Demonstrates responsibility. In cases of accidents that occur on the job that didn’t
happen due to the fault or negligence of the business, your business will be liable to
pay for the damages. Therefore, having a commercial general liability insurance
policy demonstrates that you have your client’s best interests in mind.
● Establishes trust. Having General Liability Insurance implies that you are serious
about the job and fully understand the risks associated with it. It reinforces trust and
shows that you are not willing to risk your business’s future.
● Covers expenses. Hiring an attorney and other legal defence fees, medical costs if
someone was hurt, money owed for property damages, settlement or judgement
payouts, non- monetary losses suffered by the injured party, compensatory damage,
and punitive damages, expenses arising from claims pertaining to misleading or false
advertisement, including slander, libel, and copyright infringement. Ultimately, this
means you’re not stuck paying for everything on your own, or needing to file for
bankruptcy and shutting down for good.
● Peace of mind. General liability insurance coverage allows your employees and
clients to focus on immediate matters because they know that the company is
protected from the worst-case scenario. It also gives you a peace of mind that your
business will not go bankrupt in a single night, helping you sleep better.
● Comply with regulations. You are often legally required to have general liability
insurance of some kind to cover key risks.
Risks of not having General Liability Insurance

What will happen if a business doesn’t have general liability insurance?
Without General Liability Insurance, your business would be held liable for:
● Damage to a customer’s or client’s property

● Physical harm or bodily injury sustained by a customer or random person
● Damage to the reputation of another party
The cost of defending against these lawsuits can quickly add up, potentially to millions of
dollars. Without a general liability policy in place, your business may be responsible for those
costs. Especially if those bills are too large, they could be absolutely catastrophic for your
business. Without the general liability insurance coverage, you’d have to pay for the
damages, claims and lawsuits out of your own pocket.
These types of liability claims are very common so you’ll need to keep your business
protected. Paying for a claim on your own can be very expensive without a general liability
insurance policy. These costs can range anywhere from a few hundred dollars to hundreds
of thousands of dollars. Legal counsel can cost more than $100 an hour. Court costs may
exceed $75,000 if the claim goes to court and you may need to spend several thousand
dollars even if a lawsuit is dropped.
So, it’s hard to imagine handling this as a small business.
But that’s exactly what happens if you don’t have general liability insurance. If you’re like
most small businesses, this is something you simply can’t afford. So, you run the risk of
losing your business if you are found responsible for damages.
If no one files a personal injury, third party bodily injury, advertising injury, or property
damage claim against you, nothing will happen. However, if a third party does file a claim, it
can be catastrophic, especially for small businesses with limited cash on hand.
General liability insurance protects you from paying legal, defence costs, and medical fees
on your own.
To prove that you have insurance coverage, you’ll need a certificate of insurance. A
certificate of insurance is an official document that lists all the coverage types and limits on
an insurance policy. Once you get a certificate of insurance and share it with your client, you
are ready to go to work.
A little wisdom: the cheapest policy is rarely the best policy, what coverages are they
leaving out to be so cheap?
Guidelines Towards Decision to Get Insurance

● Below are a few guidelines to take into consideration when deciding if General
Liability Insurance is the right insurance for you:
● Do you, your business or your employees:
● Visit a client’s place of work or do clients visit your work site?
● Routinely interact with outside parties?
● Use a third-party location for any business-related activities?
● Provide physical services to others?
● Market a product or service for someone else?
If you answered ‘Yes’ to any of these questions, General Liability Insurance is something
that you must seriously think about getting. General Liability Insurance is about protecting
you and your business from real or false claims made against you, and this is especially
important when your business is at stake.
Each business, just like the person who owns it, is unique. It has an individual personality
and distinct needs. Therefore, each business must be insured especially and carefully
according to its own needs and requirements. General liability insurance is almost a staple
for each and every business, regardless of the size. However, general liability is just the
basic beginning. Depending on your business, you might be able to have different types of
insurance plans merged into one. For that, you need two things.
Knowing what questions to ask
Consulting a very good INDEPENDENT insurance broker, preferably that specialises in your
type of business.
What questions must you ask yourself before making insurance choices? Not difficult ones;
just the right ones.
The first thing you need to think about is the type of liability your business might face.
To make sure you don’t miss anything, make sure you write down all the possible things that
worry you and that might happen on the job. Things ranging from damages to the client’s
properties, possible injuries to the client on your premises, trade specific damages.
The second most important thing to assess are the factors that would affect the cost of your
insurance. These can vary extensively. Some of the most common factors can be; the type
of business industry, number of employees, previous claims, risk factor and the payment
plan. This is the gist of factors that will affect the cost.
Once all of these are in place, you need to figure out how much insurance to purchase. If
you are a large business with hundreds of employees and customers, medical bills and
lawsuit expenses can pile up. If you’re a small start-up, a single lawsuit, though less
expensive, might be enough to destabilise you. Having the right general liability insurance
policy in place will help you sleep better.
Tips for Buying General Liability

There are so many options when you want to insure your business against general liabilities
that might come your way. The question is how to choose the option best suited to your
needs and your money. Here are some tips to help you look for a general liability insurance
policy that’s a perfect fit:
Businesses may be able to reduce their general liability insurance policy cost by bundling
most of their insurance in a Business Owner’s Policy (BOP).
● However, there are a few things you can do to help keep general liability insurance
premiums low. You can bundle insurance policies together, proactively manage and
prevent accidents, and pay for an entire year upfront.
● To help lower your general liability insurance premium cost, try choosing higher
deductibles.
● To understand why general liability insurance is worthwhile, you have to look at more
than the costs. You have to consider the specifics of what general liability insurance
is covering you against.
When considering general liability insurance, consider the following:

Identify your risks. Be sure to thoroughly analyse the operations of your business and
identify potential risks. After that, choose all the coverages you need.
Work with an independent agent. An independent agent will help you navigate the
complexities of picking the right policy by assessing your needs and directing you to the
broker that best serves your industry.
Compare quotes. General liability insurance costs vary between insurers. Consider several
quotes to find the best rates and coverage. When searching for insurance coverage it is
good to work with a company that has the most options.
At PBIBINS we provide you the best contractor insurance because we use multiple service
providers to choose what is best for you
Know Where to Look. Compare policies. A good broker will do this for you. Independent
insurance brokers will send your application to multiple carriers to check coverage and price.
Remember brokers are independent and will quote to many carriers. Must insurance agents
be bound to one carrier and must quote them regardless of the price and coverage is best
for you.
PBIB, we specialise in Contractors Insurance, we can give you an impartial comparison with
a strong background in the industry.
Bundle Your Policy. You can save money by bundling your policies together. For example, a
business owner’s policy includes general liability insurance and commercial property
protection. It saves you money to buy one policy rather than two. Or, as in the case of
multiple employees, you need worker’s compensation insurance, disability and
unemployment insurance; when you bundle them together with a General Liability Insurance
Policy, your cost can decrease.
Don’t Overestimate Your Business Costs. There are two professionals you should be utterly
honest with: your lawyer and your insurance broker. You must give a very accurate appraisal
of your business while applying for insurance, so you don't end up overpaying for your
general liability insurance by quoting an inflated value.
Pay Your Premium in Full. There are certain payment options that can decrease your overall
cost. Like they say; a penny not spent is a penny saved. You'll be offered discounts at
paying yearly or by setting up automatic bank transfers. Your broker can give you detailed
information on such offers.
Manage Risks. It is a fact that the riskier your business is, the more your insurance will cost.
You can take steps, though, to prevent it from blowing out of proportion. It may mean, at
some point, you are just proving to your company that you are compliant with the safety
guidelines and SOPs and even have invested in teaching employees about emergencies
and safety protocols. Things like this will lower your premium considerably.
When Cheaper Isn’t Better? Being a business owner, you realise well how there has to be a
balance between cost and quality. Here are a few reasons why cheaper isn't always
necessarily better.
A small or cheap insurance policy might not be what your business requires and may not
completely cover you, leaving room for error and eventually loss on your part.
If it is too good to be true, it probably is. There might be exclusions, so read the fine print!
With the policy comes the expertise of the insurance agent who will help you through a
lawsuit, if your business gets involved. Agencies who have a helpful track record must be
considered for this. Not cheap ones.
General liability has cost $20,000 per lawsuit on average in 2015, according to the Insurance
Journal. If you can't afford that, a policy at $400 per year should be essential.

How Much General Liability Insurance Coverage Do You Need?
Most small businesses prefer standard coverage amounts of $1 million per occurrence and a
$2 million aggregate policy limit for their general liability insurance coverage. This type of
policy will pay up to $1 million to cover a single general liability insurance claim with a $2
million limit over the life of the policy. This life varies by state law, usually up to 10 years.
In case of a claim, your general liability insurance policy can cover the claim’s cost up to
your coverage limits. However, you’ll need to pay a deductible first. A deductible is the
amount you need to pay towards the claim before the insurance company starts paying. You
get to select a deductible amount when you purchase general liability insurance.
The cost of general liability insurance coverage varies based on the size of the business,
your industry, your location and the amount of coverage that you need, as discussed above.
You can handle general liability insurance costs by choosing the general liability insurance
limits that best meet your needs. Your general liability insurance limit is the amount the
insurance company will pay for a single claim or for all claims during the policy period.
Choosing these limits wisely will help to lower your insurance costs.
It is imperative to consider the extents and limits of coverage that your business might need
so that your specific needs are met. Limits are what will protect your assets. You should
discuss your general liability insurance policy in detail with your designated advisors, since
your company has its own needs.
meet the comprehensive need of the organisation. Realistic limits protect assets of the
general liability insurance you need should be discussed with your advisor, as every
company is different. How broad or comprehensive the coverage needs to be can be judged
in the analysis of how to protect your business.
PBIB Insurance recommends the following limits of liability:
● $1,000,000 per occurrence

● $2,000,000 per aggregate
● $1,000,000 completed operations
Industries Covered
Commercial, residential, and industrial structures
Contractors Classes
Class Description
91150 Appliances and Accessories (Commercial)
91155 Appliances and Accessories (Residential)
91340 Carpentry, Framing Residential
91341 Carpentry Interior, Wood Flooring
91342 Carpentry NOC
91343 Carpentry Woodworking (Shop Only)
91405 Carpet, Rug, Furniture or Upholstery Cleaning
91436 Ceiling or Wall Installation
91481 Chimney Cleaning
91523 Cleaning Outside Surfaces of Buildings (Pressure Washing)
91551 Communication Equipment Installation
91560 Concrete Construction (Foundations)
91580 Executive supervisors
91629 Debris Removal
91746 Door, Window, Garage Doors, Assembled Millwork Installation (Metal)
92215 Driveway, Sidewalk, Flatwork - paving or repaving
92338 Dry Wall or Wallboard installation
92478 Electrical Work (within Buildings)
94007 Excavation NOC
94276 Fence Erection Contractors
94569 Floor Covering Installation (No ceramic, tile, stone, or Wood)
95124 Furniture/Fixtures Installation (Commercial)
13590 Glass Dealers and Glaziers
95410 Grading of Land
95625 Handyman
96053 House Furnishings installation, Decorations

95647 HVAC – Heating, Ventilating and Air Conditioning Systems
96409 Insulation Work-Organic or Plastic
96408 Insulation
96816 Janitorial Services
97047 Landscape Gardening
97050 Lawn Care Services
97447 Masonry
97650 Metal Erection (Decorative)
97653 Metal Erection (Non-Structural)
97655 Metal Erection (Structural)
98304 Painting Exterior
98305 Painting Interior
98344 Paperhanging
98449 Plastering/Stucco
98482 Plumbing (Commercial)
98483 Plumbing (Residential)
98636 Refrigeration, installation, servicing, or repair
98677 Roofing (Commercial)
98678 Roofing (Residential)
98806 Septic Tank Systems
98820 Sewer Mains (Referral Required)
98967 Siding, Decking Installation
98993 Sign Erection
99505 Swimming Pool Servicing
99506 Swimming Pool Installation (Above Ground)
99507 Swimming Pools Installation (Below ground)
99746 Tile, Stone, Marble, Mosaic (Interior Work)
99777 Tree Trim & Removal

99975 Window Cleaning
99946 Water Mains
99952 Waterproofing, Pressure Apparatus
99969 Welding or Cutting
Types of General Liability Insurance Policies.

An Occurrence policy is the type of general liability insurance policy that would respond to
claims when an accident or "occurrence" takes place. A common example is a slip and fall
accident which occurred in a moment. It's a little more complicated with product claim.
Claims made is a much rarer type of general liability insurance policy, which would represent
the claim being made instead of the occurrence. For example, the Occurrence happened a
year ago, but the policy would allow claims to be filed even a year or more later. This is not
very favourable for the person who needs the insurance. The two dates which matter the
most in this type of insurance are:
Retroactive date: the date when the general liability insurance policy starts working.
Extended reporting period relates to the number of days, if the claim made is responded to
after which, the general liability insurance policy will not cover it.
The bottom line is that it is extremely important for you to be careful what you are signing
when you buy a general liability insurance policy. You have to go through the whole general
liability insurance contract very laboriously to be sure it is in your favour. If you believe you
are short of time, or would not be able to decipher the points in detail, you can have a lawyer
go through it. Pay a lawyer to vet your general liability insurance policy and make sure it is in
your favour and it protects you properly and that you understand all the stipulations that go
with it so you can make fully informed decisions.
PBIB Insurance recommends only “Occurrence Policies”. Claims do not always become
known within the terms of the policy, therefore “Claims Made” policies are to be avoided.
Contents of a General Liability Insurance Policy

Each Occurrence. The limit of the amount due for any one occurrence or accident. This is
perhaps the most important limit under the policy.
Products/Completed Operations Aggregate. The cap on the amount that the carrier will
pay for multiple product-related claims arising during the policy period. Protects against
covered lawsuits alleging bodily injury or property damage caused by an occurrence arising
out of the sale of a defective product (products liability) or out of a completed operation (ex:
construction of a building). Products And Completed Operations Coverage can only be
triggered after the final sale of a product or construction job.
General Aggregate. The cap on the amount that the carrier will pay for multiple premises
and operations claims arising during the policy period.
Personal and Advertising Injury. The amount payable for certain lawsuits, such as
slander, libel, false imprisonment, invasion of privacy, and disparagement of a competitor’s
product in your advertising materials.
Damage to Premises Rented from Others. The amount payable when you negligently start
a fire and damage premises that you rent under a lease agreement.
Premises Medical Expense Payments. The amount that the insurance carrier will
voluntarily pay on your behalf to get rid of nuisance incidents, such as slips and falls on your
premises. However, if the injured party files a lawsuit, the Each Occurrence limit would be
available.
Premises and Operations. Protects against covered lawsuits alleging bodily injury or
property damage caused by an occurrence arising from the premises or operations of the
insured.
Added Coverage
Expanding Your General Liability Insurance Coverage
All general liability insurance policies will have coverage limits and exclude certain types of
claims. Therefore, you might need to both increase your general liability insurance coverage
limits and buy further coverage for additional protection.
One way to do so is by purchasing Excess Liability insurance. This coverage adds additional
protection on top of the general liability insurance limits provided by your General Liability
Insurance policy. Although your BOP might only pay a maximum of $1 million for a liability
claim, your excess coverage might pay once a claim surpasses those limits. You’ll have
additional protection even once your General Liability Insurance policy reaches its maximum
general aggregate.
PBIB Insurance. offers construction industry specific General Liability insurance coverages,
paired with important value-added services that come with all policies, all applications are
reviewed by a broker, all insureds speak with a licensed insurance broker prior to binding
coverage, and timely certificates of insurance 5 days a week!
Some General Liability Insurance Policy forms may include terms for component coverages
such as “independent contractors,” “broad form property damage,” “and underground /
collapse / explosion.” If needed ask your broker for these coverages as they may not be
included
Some Policies, other than general liability insurance to Consider for Your Business
● workers compensation
● commercial auto
● tools and equipment
● excess liability
● surety and licence bonds
● builders’ risk
● installation floater
● E&O
● Business owners’ policy
● Commercial Property
Your agent can guide you through setting up the appropriate protection.
Depending upon the nature of your business, you should consider adding the following
policies:
Excess Liability insurance
The excess liability provides additional limits above your General Liability Insurance policy
for larger risks.
Professional liability insurance
Any mistake done by a professional at your company that causes financial loss to customers
or clients is not covered by general liability insurance but by this coverage.
What is covered under professional liability insurance? This type of business insurance is
also known as malpractice E&O. It covers the damages that can arise from major mistakes,
especially in high-stakes professions where mistakes can be devastating.
Types of professional liability insurance are:
Technology and manufacturing E&O
Contractors E&O
Professional Liability coverage
Employment practices liability insurance:

If your employee files a lawsuit against your business, it is not covered by general liability
insurance for small business. Therefore, your employment practices liability policy covers the
risk.
Disgruntled employees
Risk: A disgruntled former employee—or even an applicant you didn’t hire—brings a legal
action against your company to damage you and/or your company.
Coverage: Employment Practices Liability can help cover your business entity, directors and
employees if you are accused of wrongful termination, harassment, discrimination or other
employment-related offenses.
Contractual liability insurance:

If you are unable to complete work that you are contractually obligated to finish, you may be
liable for losses or a lawsuit. Your General Liability Insurance Policy will not cover your
losses, but a contractual liability insurance policy will.
Workers Compensation Insurance
What is covered under workers compensation insurance? This type of insurance protects a
business and its owner(s) from claims by employees who suffer a work- related injury, illness
or disease. Workers comp typically provides the injured employee with benefits to cover
medical expenses, a portion of his/her lost wages, rehabilitation costs if applicable, and
permanent partial or permanent total disability.
Commercial Property Insurance

What is covered under business property insurance? General liability policies don't cover
damages to your business property. That's what commercial property insurance is for. It
protects all of the physical parts of your business: your building, your inventory, and your
equipment, giving you the funds, you need to replace them in the event of a disaster.
General liability coverage can protect your tools and equipment.
In some cases, GL can cover the cost of replacing or repairing your business tools and
equipment if they’re lost or stolen. This is known as contents coverage, and it can usually be
added to your commercial general liability insurance policy.
Business Owners Policy (BOP)

What is covered under a business owner’s policy (BOP)? This is a policy designed for small,
low-risk businesses. It simplifies the basic insurance purchase process by combining general
liability policies with business income and commercial property insurance.
Commercial Auto Insurance

What is covered under business auto insurance? This type of insurance covers automobiles
being used for business purposes. This could include a fleet of business- only vehicles or a
single company car. In some cases, it might cover your car or your employee's car while
they're being used for business. These policies have much higher limits, ensuring you can
cover your costs if one of these vehicles gets into an accident.
Warning Personal Auto: Most personal auto policies exclude coverage on vehicles while
they are being used for business. Commercial auto insurance will provide coverage for your
business vehicles.
Commercial Excess Policies

What is covered under commercial excess insurance? This type of policy is to provide
additional limits when required for larger exposures, in $1,000,000 increments.
Surety Bond
What is covered under surety bonds? Bonding is a contract where one party, the SURETY
(who assures the oblige that the principal can perform the task), guarantees the performance
of certain obligations of a second party, the PRINCIPAL (the contractor or business who will
perform the contractual obligation), to a third party, the OBLIGEE (the project owner who is
the recipient of an obligation).
Cyber liability & Data breaches
Risk: You lose confidential business and customer data when your computer system is
hacked.
Coverage: Cyber liability and data breach can help provide you with legal and forensic
assistance to attempt to recover stolen data, as well as ongoing data security consultation to
help you manage cyber risks.
Inland Marine / Installation floater
Contractors operating with only general liability insurance do not have coverage for tools and
equipment without an inland marine policy.
Tools and Equipment Coverage, covers your tools when at the job or in storage or transit.
Installation Floater covers your materials at the jobsite, in storage or in transit.
Builders Risk, this insurance provides cover for the structure while under construction, prior
to the certificate of occupancy, for fire, theft or other hazards.
Contractor’s General Liability insurance

It is for residential and commercial builders, general contractors, construction managers,
design and build firms, specialty contractors or subcontractors, and owners of public and/or
private construction projects. We offer contractor policies for every type of project:
● Commercial General liability (General Liability Insurance)

● Workers’ compensation
● Commercial Auto
● Excess Liability
● Equipment Floater (Tools & Equipment)
● Contractor bond
● Builders Risk insurance
● Installation Floater (Materials Coverage)
● Commercial Property
Why Pascal Burke Insurance Brokerage Inc?
Easy. We’ve made it easier than ever before to complete the purchase and get general
liability insurance coverage. How easy? We don’t even need to see equity ownership or
financial statements from you. Just call today and talk to our experts on the general liability
insurance you might need or fill the form above to get a free, no-obligation quote on your
general liability insurance needs.
Affordable. As a digital company, PBIB passes the savings for unnecessary administration
on to you, providing you with the most competitive general liability insurance price you’ll find
anywhere.
Complete. Protect your business with the broadest general liability insurance coverage in the
industry. You can tailor policies to your needs by choosing your own limit and deductible.
Human. We provide you with expert support no matter your question: Reach us 24/7 via
phone, email, or live chat. You even get a personal account manager to look after you and
your insurance needs.
Availability. PBIB Insurance general liability policies are available in all 50 states.
Comprehensive Assessment. We take the time to fully understand your business and its
unique needs, so we can recommend the right coverage to protect your business and
employees.
Objective Advice. Our licensed advisors are compensated based on service, not sales
commissions. You can count on their impartial advice to select the right coverage. Just call
today and talk to our experts on the general liability insurance you might need or fill the form
above to get a free, no-obligation quote on your general liability insurance needs.
Value. We compare shop to ensure you get the best price for the coverage you need.
Extending your coverage. If a contract requires you to add individuals to your business
liability policy, we make it easy to add them.
FACTS ABOUT GENERAL LIABILITY INSURANCE

● Protects your company from some of the fundamental risks that come with running a
business. (Fact)
● Does not cover automobile and professional liability.
● General liability insurance is also known as commercial general liability insurance or
contractor general liability insurance.
● It is one of the most basic forms of business insurance.
● General Liability Insurance coverage is the foundation of any insurance program and
can sometimes be the only insurance a small business buys.
● Business General Liability Insurance is often referred to as General Liability
Insurance or Comprehensive Liability Coverage.
● Almost every business has a need for general liability insurance.
● Only covered claims of damage to a third party’s property and harm to a third party’s
body or reputation.
● When a valid claim is made, the insurer will pay up to the stated maximum. If the
claim for damages is greater than the policy maximum, you as the policyholder are
liable for the balance.
● Help you protect your business, assets and future income.
● When it comes to General Liability Insurance, “personal” injury differs from bodily
injury in that personal injury refers to harm caused to a person’s or business’s
reputation.
● You may be accused of libel if a statement written by you damages another’s
reputation. Similarly, slander involves speaking ill of another, culminating in harm to
the reputation of another person or business.
● Advertising injuries like copyright infringement resulting from your business’s ads.
● Your General Liability Insurance policy would pay for the medical fees and costs
incurred by the injured party, as well as the costs of your legal defence.
● Your industry, policy limits, and location play a large role in what you can expect to
pay for general liability insurance. The riskier your industry, the more you have to pay
for coverage.
● Bear in mind: liability claims against small businesses are very common and cost
thousands of dollars, so getting general liability coverage is much less expensive
than going without coverage.
● Nearly 40% of small business owners will likely experience a general liability claim in
the next decade.
● Over 20% of all General liability claims involve burglary or theft.
● Price of coverage varies a lot from industry to industry.
● General Liability Insurance policies are the first line of defence for certain types of
injuries or damages caused while conducting normal course business.
● Often a General Liability Insurance policy is combined in what is known as a
business owner's package or "BOP". In this type of package, typically there is
additional coverage for property insurance not covered under the General Liability
Insurance policy.
● Those associated with your business don’t necessarily have to be employees,
partners or customers to benefit from coverage, also include volunteers for liabilities
that result from the work they do for you.
● General liability insurance plans, particularly for small businesses, cover the cost of
third-party lawsuits from minor accidents and property damage.
● This insurance covers the people associated with your business, as well as other
businesses.
● As with most business decisions, the decision to purchase insurance (or not) comes
down to cost. The good news is that general liability insurance does not have to be
expensive. Just call today and talk to our experts on the general liability insurance
you might need or fill the form above to get a free, no-obligation quote on your
general liability insurance needs.
● If you have business property, you might want to consider a Business Owners Policy
instead.
● Even if you’re not required to carry high coverage limits, remember: You don’t need
to be a millionaire to get sued like one.
This is a lot of information to take in, we are happy at PBIB Insurance to make it easy, we
can take you application over the phone or you can go to our website at
https://pbibins.com/quote/ and complete a simple questionnaire and we will get you squared
away! Contact us now and feel free to talk to one of our experts about general liability
insurance and get free advice and a free, no-obligation quote tailored to your specific needs
as a contractor
Pascal Burke Insurance Brokerage, Inc.
2102 Business Center Drive, Ste 280
Irvine, CA 92612
Tel: 877-893-7629
Email: info@pbibinc.com website: https://pbibins.com/
Get a Quote: https://pbibins.com/quote/
License: 0L98468 (We are licensed in over 40 state)

Glass Dealers and Glaziers Insurance
Glass Dealers and Glaziers Contractor is a profession with a higher risk associated with it,
in hard times.
A Glass Dealers and Glaziers Insurance policy is to be considered a small business



However, it doesn't matter if you're a general contractor or a subcontractor, you’ll need Glass
Dealers and Glaziers Insurance . Insurance will protect you and your business from any
expenses.


covered.

their medical bills or lost wages. This, as part of Glass Dealers and Glaziers Insurance , can
your business.
seamless.
policy.
Who should buy Glass Dealers and Glaziers

Insurance ?
What doesn't Glass Dealers and Glaziers Insurance cover?
● Floods
● Earthquake
● War
Cost of Glass Dealers and Glaziers Insurance

carrier.
factors above.
How to buy Glass Dealers and Glaziers Insurance

insurance.
At PBIBINS we provide you with the best Glass Dealers and Glaziers Insurance policy
At PBIB, we specialize in Glass Dealers and Glaziers Insurance, we can give you an
part.
essential.


Handyman work insurance
Handyman work Contractor is a profession with a higher risk associated with it, no matter
times.
A Handyman work Insurance policy is to be considered a small business insurance policy,




Handyman work Insurance . Insurance will protect you and your business from any work-
expenses.


covered.

their medical bills or lost wages. This, as part of Handyman work Insurance , can be a safety
your business.
seamless.
policy.
Who should buy Handyman work Insurance ?

What doesn't Handyman work Insurance cover?
● Floods
● Earthquake
● War
Cost of Handyman work Insurance

carrier.
factors above.
How to buy Handyman work Insurance
insurance.
At PBIBINS we provide you with the best Handyman work Insurance policy because we use
At PBIB, we specialize in Handyman work Insurance, we can give you an impartial

part.
essential.


House Furnishings installation Insurance
House Furnishings installation Contractor is a profession with a higher risk associated with it,
in hard times.
A House Furnishings installation Insurance policy is to be considered a small business




House Furnishings installation Insurance . Insurance will protect you and your business from
medical expenses.


covered.

their medical bills or lost wages. This, as part of House Furnishings installation Insurance ,
your business.
seamless.
policy.
Who should buy House Furnishings installation

Insurance ?
What doesn't House Furnishings installation Insurance cover?
● Floods
● Earthquake
● War
Cost of House Furnishings installation Insurance

carrier.
factors above.
How to buy House Furnishings installation Insurance

insurance.
At PBIBINS we provide you with the best House Furnishings installation Insurance policy
At PBIB, we specialize in House Furnishings installation Insurance, we can give you an

part.
essential.


HVAC Insurance
HVAC (Heating, Ventilating and Air Conditioning Systems) Contractor is a profession with a
higher risk associated with it, no matter what the trade, as compared to other professions.
Getting a contractor insurance policy that is not only the right fit for you as a contractor but
also suited to your needs as an individual business, is the most important thing you can do
for your business. It doesn’t matter if you are hired to remodel bathrooms, install a roof or
paint a room, there are a lot of things that can go wrong. From a roof tile falling on
someone’s head to a pipe bursting or an employee hurting themselves, the list is long.
Suitable insurance can be your only safety net in hard times.
A HVAC (Heating, Ventilating and Air Conditioning Systems) Insurance policy is to be

considered a small business insurance policy, which incorporates all the insurances you will
need to protect yourself and your business. No two insurance policies can be the same.
They have to be written separately for every business. Whether you are the owner of a large
construction company that handles multi-million dollar projects or an independent contractor
who works alone, insurance is something you will need to keep your business safe and help
you prosper, without the risk of going bankrupt for an unintended, honest mistake.



HVAC (Heating, Ventilating and Air Conditioning Systems) Insurance . Insurance will protect
you and your business from any work-related issues or accidents. It doesn't matter which
trade from the construction industry you are from, you will need the insurance policy as a
safety net in case of claims or medical expenses.


covered.

their medical bills or lost wages. This, as part of HVAC (Heating, Ventilating and Air
Conditioning Systems) Insurance , can be a safety net for your business.
your business.
seamless.
policy.
Who should buy HVAC (Heating, Ventilating and Air

Conditioning Systems) Insurance ?
What doesn't HVAC (Heating, Ventilating and Air Conditioning Systems) Insurance cover?
● Floods
● Earthquake
● War
Cost of HVAC (Heating, Ventilating and Air Conditioning

Systems) Insurance
carrier.
factors above.
How to buy HVAC (Heating, Ventilating and Air

Conditioning Systems) Insurance
insurance.
At PBIBINS we provide you with the best HVAC (Heating, Ventilating and Air Conditioning
Systems) Insurance policy because we use multiple service providers to choose what is best
for you.
At PBIB, we specialize in HVAC (Heating, Ventilating and Air Conditioning Systems)

Insurance, we can give you an impartial comparison with a strong background in
Construction industry.
part.
essential.


Installation Floater
In simple words, installation floater insurance is there to protect materials and other
commercial property or inventory while they are in transit, being installed, or being stored at
a temporary location.
Looking at installation floater in detail, it is to protect movable property such as building

materials or completed cabinets for a kitchen, while it is either being installed, built on-site, or
being transported to or from the site. It usually extends to the time until the work is
completed, and approved by the client.
While buying the installation floater insurance, you have to be careful what you want to
protect. In case it is portable machinery or tools of the trade, you will have to buy equipment
floater insurance, a type of inland marine insurance coverage.
Who is an installation floater policy for?

Installation floater policies are mostly purchased by contractors to keep the mass amounts of
materials and products safe while in transit and while being stored on-site before installation.
It can be anything, from finished cabinets to be installed in a house to material for HVAC in a
multistory building.
For example, an electrician might buy the installation floater insurance to protect himself
financially from theft of copper wire at his job site.
Minus the deductible, the contractor would also be protected against vandalism, fire, and
mishandling of the materials.
Installation floater and builders’ risk

Also known as construction insurance, the builder's risk insurance protects contractors,
subcontractors, and construction companies from losses incurred at a construction site. It’s
more of a property insurance policy bought before the building materials arrive and kept in
place until the property is sold or handed over to a client.
Builder’s risk insurance is not only more expensive but also more comprehensive in terms of
what it protects as compared to the installation floater insurance policy. However, a
contractor may need a separate installation floater policy to cover items excluded from a
builder’s risk policy, like HVAC or electrical systems to protect their company completely.
The builder’s risk insurance would cover the overall project, while installation floater
insurance covers building materials and equipment used on site for installation.
Larger contractors or construction companies usually buy the builder’s risk policy while they
are overseeing a construction site and may or may not buy the installation floater as per
need. Smaller contractors who are responsible for certain jobs on the construction site might
only buy an installation floater to cover the material they are responsible for.
In case a building is damaged by a storm or fire, the builder’s risk policy would cover it. If the
drywall, electric, and plumbing materials, etc were damaged by a fire or storm, before or
during installation, the financial loss would be covered by an installation floater.
Exclusions from an installation floater insurance policy.

Usually, installation floater insurance covers building materials while they are under a
contractor’s control, before or during installation. This includes transportation of materials to
the site as well. Fire, theft, and accidental damage are included.
Excluded scenarios include;
● More extreme events such as earthquakes, floods, or employee theft

● Air and sea transportation
● Materials and equipment that do not become a part of the project such as tools or
machinery
○ Table saws, power drills, toolboxes, etc
● Work vehicles
● Temporary structures such as fencing, scaffolding, or retaining walls
● Buildings and structures that are not a part of the construction job
● Landscaping items such as plants, etc
Insulation Work Insurance
Insulation Work Contractor is a profession with a higher risk associated with it, no matter
times.
A Insulation Work Insurance policy is to be considered a small business insurance policy,




Insulation Work Insurance . Insurance will protect you and your business from any work-
expenses.


covered.

their medical bills or lost wages. This, as part of Insulation Work Insurance , can be a safety
your business.
seamless.
policy.
Who should buy Insulation Work Insurance ?

What doesn't Insulation Work Insurance cover?
● Floods
● Earthquake
● War
Cost of Insulation Work Insurance

carrier.
factors above.
How to buy Insulation Work Insurance
insurance.
At PBIBINS we provide you with the best Insulation Work Insurance policy because we use
At PBIB, we specialize in Insulation Work Insurance, we can give you an impartial

part.
essential.


Insurance
When you own a business, it’s important to protect your assets and ensure that your
business doesn’t face any financial peril.
Commercial insurance is a financial safeguard that protects your business from financial
losses. It also helps safeguard your business from risks and liabilities.
This guide will help answer some of the most common questions about commercial
insurance and its importance. Read on to learn more about the importance of commercial
insurance, types of insurance and who needs to procure it.
Insurance Brokerage
The Ultimate Guide to Insurance Brokerages: What

They Do and How You Can Benefit
Insurance brokers are frequently overlooked by new insurance buyers. But that can be a
mistake. Insurance brokers help people buy insurance and save money by finding the
cheapest options. The role of insurance brokers can vary from state to state and from insurer
to insurer. But in general, an insurance brokerage acts as a middleman, helping people shop
for different insurance policies and find the best value for their money.
What is an Insurance Broker?

An insurance broker is an agent who helps people buy and sell insurance. Because they are
licensed in multiple states, they can help people find policies anywhere they run a brokerage
office. Some brokers are also insurance agents, with the ability to write additional types of
insurance, such as health or life insurance. Brokers work with any kind of insurer, including
insurance companies, mutual funds, and state or federal programs, such as Medicaid or
workers’ compensation policies. In addition to helping you find the coverage you need,
brokers can also help you understand what your options are and how they’ll affect you
financially. While some brokers focus on health or life insurance, many brokers also help find
coverage for automobiles, homes, business interests, and more.
What Does an Insurance Broker Do?

An insurance broker helps people find the best coverage for their needs. They can find and
compare quotes from multiple insurance providers to help you find the best prices and the
most coverage for your needs. Brokers can also help you navigate the sometimes-
complicated insurance-buying process. They can explain the different types of coverage,
rates and what they mean, and help you make sense of your options. Brokers can also help
you find insurance companies that may be a good fit for your budget. People often get stuck
with exorbitant rates because they’re with an insurance company they don’t want to keep but
don’t know how to get out of it. A broker can look at your driving record, your car, and your
house to see how safe you are and what kind of coverage you need.
How Can You Benefit from Having an Insurance Broker?

Insurance brokers can dramatically cut down the time it takes to buy coverage. It’s often a
lengthy process, especially if you don’t know much about insurance and want to shop
around. It can take up to six months to get coverage after you sign up with a new insurer, so
you can save time by going through a broker. Brokers can help you save money, too.
Different carriers have different rates and you may not realize that one company’s rates are
lower than another’s. A broker can look at rate comparisons across all your options to find
the most bang for your buck. Brokers can also help you make the most financial sense of
your decisions. Getting the right coverage for the right price is important, but so is knowing
how your coverage will affect your finances. Does your policy cover your kids’ visits to the
doctor, or do you need car insurance? Does your policy make sense financially if you were
to file a claim? A broker can help you understand these choices and make the best financial
decision possible.
Things to Keep in Mind when Working with an Insurance Broker

Brokers don’t work for free. Most brokers charge an upfront fee, usually on a retainer basis,
and a percentage of the policy proceeds if you buy a policy. Some insurers also require
brokers to be licensed in the state where the client lives. That means you may have to work
through a broker based in a state you don’t live in. Brokers are typically licensed in the states
where they work. If you use one from out of state, you may have to do a background check
to make sure they’re licensed to work in your state. You can also ask to speak with a
licensed broker before finalizing a transaction to make sure they’re actually in the business.
Final words
Working through a broker can save you time and money and help you get the right
coverage. You just have to do your research and make sure the broker you work with is
licensed to work in your state. Planning for the future and saving for a retirement fund are
important, but protecting your family and your home are equally critical. Long-term health
and life insurance are essential to protect your family if anything were to happen to you.
These are just a few of the things you can protect yourself from with the right type of
coverage.
Janitorial work Insurance
Janitorial work Contractor is a profession with a higher risk associated with it, no matter what
the trade, as compared to other professions. Getting a contractor insurance policy that is not
only the right fit for you as a contractor but also suited to your needs as an individual
times.
A Janitorial work Insurance policy is to be considered a small business insurance policy,




Janitorial work Insurance . Insurance will protect you and your business from any work-
expenses.


covered.

their medical bills or lost wages. This, as part of Janitorial work Insurance , can be a safety
your business.
seamless.
policy.
Who should buy Janitorial work Insurance ?

What doesn't Janitorial work Insurance cover?
● Floods
● Earthquake
● War
Cost of Janitorial work Insurance

carrier.
factors above.
How to buy Janitorial work Insurance
insurance.
At PBIBINS we provide you with the best Janitorial work Insurance policy because we use
At PBIB, we specialize in Janitorial work Insurance, we can give you an impartial comparison
with a strong background in Construction industry.
part.
essential.


Land Grading Insurance
Land Grading Insurance Contractor is a profession with a higher risk associated with it, no
in hard times.
A Land Grading Insurance policy is to be considered a small business insurance policy,



However, it doesn't matter if you're a general contractor or a subcontractor, you’ll need Land
Grading Insurance . Insurance will protect you and your business from any work-related
expenses.


covered.

their medical bills or lost wages. This, as part of Land Grading Insurance , can be a safety
your business.
seamless.
policy.
Who should buy Land Grading Insurance ?

What doesn't Land Grading Insurance cover?
● Floods
● Earthquake
● War
Cost of Land Grading Insurance

carrier.
factors above.
How to buy Land Grading Insurance
insurance.
At PBIBINS we provide you with the best Land Grading Insurance policy because we use
At PBIB, we specialize in Land Grading Insurance, we can give you an impartial comparison
part.
essential.


Landscape Gardening Insurance
Landscape Gardening Contractor is a profession with a higher risk associated with it, no
in hard times.
A Landscape Gardening Insurance policy is to be considered a small business insurance




Landscape Gardening Insurance . Insurance will protect you and your business from any
expenses.


covered.

their medical bills or lost wages. This, as part of Landscape Gardening Insurance , can be a
your business.
seamless.
policy.
Who should buy Landscape Gardening Insurance ?

What doesn't Landscape Gardening Insurance cover?
● Floods
● Earthquake
● War
Cost of Landscape Gardening Insurance

carrier.
factors above.
How to buy Landscape Gardening Insurance
insurance.
At PBIBINS we provide you with the best Landscape Gardening Insurance policy because
At PBIB, we specialize in Landscape Gardening Insurance, we can give you an impartial

part.
essential.


Lawn Care Work Insurance
Lawn Care work Contractor is a profession with a higher risk associated with it, no matter
times.
A Lawn Care work Insurance policy is to be considered a small business insurance policy,


However, it doesn't matter if you're a general contractor or a subcontractor, you’ll need Lawn
Care work Insurance . Insurance will protect you and your business from any work-related
expenses.


covered.

their medical bills or lost wages. This, as part of Lawn Care work Insurance , can be a safety
your business.
seamless.
policy.
Who should buy Lawn Care work Insurance ?

What doesn't Lawn Care work Insurance cover?
● Floods
● Earthquake
● War
Cost of Lawn Care work Insurance

carrier.
factors above.
How to buy Lawn Care work Insurance
insurance.
At PBIBINS we provide you with the best Lawn Care work Insurance policy because we use
At PBIB, we specialize in Lawn Care work Insurance, we can give you an impartial
part.
essential.


Masonry work insurance
Masonry work Contractor is a profession with a higher risk associated with it, no matter what
times.
A Masonry work Insurance policy is to be considered a small business insurance policy,




Masonry work Insurance . Insurance will protect you and your business from any work-
expenses.


covered.

their medical bills or lost wages. This, as part of Masonry work Insurance , can be a safety
your business.
seamless.
policy.
Who should buy Masonry work Insurance ?

What doesn't Masonry work Insurance cover?
● Floods
● Earthquake
● War
Cost of Masonry work Insurance

carrier.
factors above.
How to buy Masonry work Insurance
insurance.
At PBIBINS we provide you with the best Masonry work Insurance policy because we use
At PBIB, we specialize in Masonry work Insurance, we can give you an impartial comparison
part.
essential.


Metal Assembled Millwork Installation Insurance
Metal Assembled Millwork Installation Contractor is a profession with a higher risk

A Metal Assembled Millwork Installation Insurance policy is to be considered a small



However, it doesn't matter if you're a general contractor or a subcontractor, you’ll need Metal
Assembled Millwork Installation Insurance . Insurance will protect you and your business
from any work-related issues or accidents. It doesn't matter which trade from the


covered.

their medical bills or lost wages. This, as part of Metal Assembled Millwork Installation
your business.
seamless.
policy.
Who should buy Metal Assembled Millwork Installation

Insurance ?
What doesn't Metal Assembled Millwork Installation Insurance cover?
● Floods
● Earthquake
● War
Cost of Metal Assembled Millwork Installation Insurance

carrier.
factors above.
How to buy Metal Assembled Millwork Installation

Insurance
insurance.
At PBIBINS we provide you with the best Metal Assembled Millwork Installation Insurance
At PBIB, we specialize in Metal Assembled Millwork Installation Insurance, we can give you
an impartial comparison with a strong background in Construction industry.
part.
essential.


Mosaic Interior Work Insurance
Mosaic Interior Work Contractor is a profession with a higher risk associated with it, no
in hard times.
A Mosaic Interior Work Insurance policy is to be considered a small business insurance




Mosaic Interior Work Insurance . Insurance will protect you and your business from any
expenses.


covered.

their medical bills or lost wages. This, as part of Mosaic Interior Work Insurance , can be a
your business.
seamless.
policy.
Who should buy Mosaic Interior Work Insurance ?

What doesn't Mosaic Interior Work Insurance cover?
● Floods
● Earthquake
● War
Cost of Mosaic Interior Work Insurance

carrier.
factors above.
How to buy Mosaic Interior Work Insurance
insurance.
At PBIBINS we provide you with the best Mosaic Interior Work Insurance policy because we
At PBIB, we specialize in Mosaic Interior Work Insurance, we can give you an impartial
part.
essential.


NOC Carpentry Insurance
NOC Carpentry Contractor is a profession with a higher risk associated with it, no matter
times.
A NOC Carpentry Insurance policy is to be considered a small business insurance policy,



However, it doesn't matter if you're a general contractor or a subcontractor, you’ll need NOC
Carpentry Insurance . Insurance will protect you and your business from any work-related
expenses.


covered.

their medical bills or lost wages. This, as part of NOC Carpentry Insurance , can be a safety
your business.
seamless.
policy.
Who should buy NOC Carpentry Insurance ?

What doesn't NOC Carpentry Insurance cover?
● Floods
● Earthquake
● War
Cost of NOC Carpentry Insurance

carrier.
factors above.
How to buy NOC Carpentry Insurance
insurance.
At PBIBINS we provide you with the best NOC Carpentry Insurance policy because we use
At PBIB, we specialize in NOC Carpentry Insurance, we can give you an impartial

part.
essential.


NOC Excavation Insurance
NOC Excavation Contractor is a profession with a higher risk associated with it, no matter
times.
A NOC Excavation Insurance policy is to be considered a small business insurance policy,



However, it doesn't matter if you're a general contractor or a subcontractor, you’ll need NOC
Excavation Insurance . Insurance will protect you and your business from any work-related
expenses.


covered.

their medical bills or lost wages. This, as part of NOC Excavation Insurance , can be a safety
your business.
seamless.
policy.
Who should buy NOC Excavation Insurance ?

What doesn't NOC Excavation Insurance cover?
● Floods
● Earthquake
● War
Cost of NOC Excavation Insurance

carrier.
factors above.
How to buy NOC Excavation Insurance
insurance.
At PBIBINS we provide you with the best NOC Excavation Insurance policy because we use
At PBIB, we specialize in NOC Excavation Insurance, we can give you an impartial

part.
essential.


Painting Exterior Insurance
Painting Exterior Contractor is a profession with a higher risk associated with it, no matter
times.
A Painting Exterior Insurance policy is to be considered a small business insurance policy,




Painting Exterior Insurance . Insurance will protect you and your business from any work-
expenses.


covered.

their medical bills or lost wages. This, as part of Painting Exterior Insurance , can be a safety
your business.
seamless.
policy.
Who should buy Painting Exterior Insurance ?

What doesn't Painting Exterior Insurance cover?
● Floods
● Earthquake
● War
Cost of Painting Exterior Insurance

carrier.
factors above.
How to buy Painting Exterior Insurance
insurance.
At PBIBINS we provide you with the best Painting Exterior Insurance policy because we use
At PBIB, we specialize in Painting Exterior Insurance, we can give you an impartial

part.
essential.


Painting Interior Insurance
Painting Interior Contractor is a profession with a higher risk associated with it, no matter
times.
A Painting Interior Insurance policy is to be considered a small business insurance policy,




Painting Interior Insurance . Insurance will protect you and your business from any work-
expenses.


covered.

their medical bills or lost wages. This, as part of Painting Interior Insurance , can be a safety
your business.
seamless.
policy.
Who should buy Painting Interior Insurance ?

What doesn't Painting Interior Insurance cover?
● Floods
● Earthquake
● War
Cost of Painting Interior Insurance

carrier.
factors above.
How to buy Painting Interior Insurance
insurance.
At PBIBINS we provide you with the best Painting Interior Insurance policy because we use
At PBIB, we specialize in Painting Interior Insurance, we can give you an impartial

part.
essential.


Paperhanging Insurance
Paperhanging Contractor is a profession with a higher risk associated with it, no matter what
times.
A Paperhanging Insurance policy is to be considered a small business insurance policy,




Paperhanging Insurance . Insurance will protect you and your business from any work-
expenses.


covered.

their medical bills or lost wages. This, as part of Paperhanging Insurance , can be a safety
your business.
seamless.
policy.
Who should buy Paperhanging Insurance ?

What doesn't Paperhanging Insurance cover?
● Floods
● Earthquake
● War
Cost of Paperhanging Insurance

carrier.
factors above.
How to buy Paperhanging Insurance
insurance.
At PBIBINS we provide you with the best Paperhanging Insurance policy because we use
At PBIB, we specialize in Paperhanging Insurance, we can give you an impartial comparison

part.
essential.


Pascal Burke Insurance Brokerage Inc
Our Customers Save on Average 10% To 40% on Contractor Insurance! It is a

standard policy of PBIB to quote your insurance using multiple contractor insurance
carriers to provide you with the best price and coverage that meets your specific
needs. As former contractors, we have a unique understanding of contractors and
their needs, we specialize in Contractor Insurance, there is no substitute for
experience.
For fair advice and a free quote on your insurance policy, contact us at
Pascal Burke Insurance Brokerage Inc
Paving or Repaving Insurance
Paving or Repaving Insurance Contractor is a profession with a higher risk associated with it,
in hard times.
A Paving or Repaving Insurance Insurance policy is to be considered a small business




Paving or Repaving Insurance Insurance . Insurance will protect you and your business from
medical expenses.


covered.

their medical bills or lost wages. This, as part of Paving or Repaving Insurance Insurance ,
your business.
seamless.
policy.
Who should buy Paving or Repaving Insurance

Insurance ?
What doesn't Paving or Repaving Insurance Insurance cover?
● Floods
● Earthquake
● War
Cost of Paving or Repaving Insurance Insurance

carrier.
factors above.
How to buy Paving or Repaving Insurance Insurance

insurance.
At PBIBINS we provide you with the best Paving or Repaving Insurance Insurance policy
At PBIB, we specialize in Paving or Repaving Insurance Insurance, we can give you an

part.
essential.


PBIB Contractor Insurance
Construction is a profession with a higher risk associated with it, no matter what the trade, as
compared to other professions. Getting a contractor insurance policy that is not only the right
fit for you as a contractor but also suited to your needs as an individual business, is the most
important thing you can do for your business. It doesn’t matter if you are hired to remodel
bathrooms, install a roof or paint a room, there are a lot of things that can go wrong. From a
roof tile falling on someone’s head to a pipe bursting or an employee hurting themselves, the
list is long. Suitable insurance can be your only safety net in hard times.
A insurance policy is to be considered a small business insurance policy, which incorporates

all the insurances you will need to protect yourself and your business. No two insurance
policies can be the same. They have to be written separately for every business. Whether
you are the owner of a large construction company that handles multi-million dollar projects
or an independent contractor who works alone, insurance is something you will need to keep
your business safe and help you prosper, without the risk of going bankrupt for an
unintended, honest mistake.
Who might need contractors insurance?



contractor insurance. Insurance will protect you and your business from any work-related
expenses.
What is covered by contractors insurance?


covered.

their medical bills or lost wages. This, as part of insurance, can be a safety net for your
business.
your business.
seamless.
policy.
Who should buy contractors insurance?

Here is a list of trades, for whom insurance and all it’s components are extremely important
to have.
● Appliances and Accessories (Commercial)

● Appliances and Accessories (Residential)
● Carpentry, Framing Residential
● Carpentry Interior, Wood Flooring
● Carpentry NOC
● Carpentry Woodworking (Shop Only)
● Carpet, Rug, Furniture or Upholstery Cleaning
● Ceiling or Wall Installation
● Chimney Cleaning
● Cleaning Outside Surfaces of Buildings (Pressure Washing)
● Communication Equipment Installation
● Concrete Construction (Foundations)
● Executive supervisors
● Debris Removal
● Door, Window, Garage Doors, Assembled Millwork Installation (Metal)
● Driveway, Sidewalk, Flatwork - paving or repaving
● Dry Wall or Wallboard installation
● Electrical Work (within Buildings)
● Excavation NOC
● Fence Erection Contractors
● Floor Covering Installation (No ceramic, tile, stone, or Wood)
● Furniture/Fixtures Installation (Commercial)
● Glass Dealers and Glaziers
● Grading of Land
● Handyman
● House Furnishings installation, Decorations
● HVAC – Heating, Ventilating and Air Conditioning Systems
● Insulation Work-Organic or Plastic
● Insulation
● Janitorial Services
● Landscape Gardening
● Lawn Care Services
● Masonry
● Metal Erection (Decorative)
● Metal Erection (Non-Structural)
● Metal Erection (Structural)
● Painting Exterior
● Painting Interior
● Paperhanging
● Plastering/Stucco
● Plumbing (Commercial)
● Plumbing (Residential)
● Refrigeration, installation, servicing, or repair
● Roofing (Commercial)
● Roofing (Residential)
● Septic Tank Systems
● Sewer Mains (Referral Required)
● Siding, Decking Installation
● Sign Erection
● Swimming Pool Servicing
● Swimming Pool Installation (Above Ground)
● Swimming Pools Installation (Below ground)
● Tile, Stone, Marble, Mosaic (Interior Work)
● Tree Trim & Removal
● Window Cleaning
● Water Mains
● Waterproofing, Pressure Apparatus
● Welding or Cutting
What does contractor insurance not cover?

● Floods
● Earthquake
● War
Cost of It
carrier.
factors above.
How to buy contractors insurance?

insurance.
At PBIBINS we provide you with the best contractor policy because we use multiple service
providers to choose what is best for you.
At PBIB, we specialize in Contractors Insurance, we can give you an impartial comparison

with a strong background in the industry.
part.
essential.


Constructor Insurance
Construction is a profession with a higher risk associated with it, no matter what the trade, as
compared to other professions. Getting a Constructor Insurance policy that is not only the
right fit for you as a contractor but also suited to your needs as an individual business, is the
most important thing you can do for your business. It doesn’t matter if you are hired to
remodel bathrooms, install a roof or paint a room, there are a lot of things that can go wrong.
From a roof tile falling on someone’s head to a pipe bursting or an employee hurting
themselves, the list is long. Suitable insurance can be your only safety net in hard times.
An insurance policy is to be considered a small business insurance policy, which

incorporates all the insurances you will need to protect yourself and your business. No two
insurance policies can be the same. They have to be written separately for every business.
Whether you are the owner of a large construction company that handles multi-million dollar
projects or an independent contractor who works alone, insurance is something you will
need to keep your business safe and help you prosper, without the risk of going bankrupt for
an unintended, honest mistake.
Who might need Constructors Insurance?

and for fulfilling the contract signed. For example, it can be a remodelling project or a brand

certain trades. For example, a contractor hires a plumber to redo the kitchen. A

Constructor Insurance. Insurance will protect you and your business from any work-related
expenses.
What is covered by Constructors Insurance?

covered.
This is usually an important part of Constructors Insurance considering that it is a

requirement for a contractor license and usually is needed for bidding on large projects. Not
to mention, if an employee gets hurt while on a job for you, this will help protect your
company and pay their medical bills or lost wages. This, as part of insurance, can be a
your business.
seamless.
part of Constructors Insurance so you can be protected when you work on large-scale
● Surety and licence bonds
Bonds are a very important part of insurance, because from your licence to bidding on
part of Constructors Insurance
policy.
general liability insurance. Commercial property insurance can be a big life saver as a part of
Contractor Insurance California
Have you accidentally damaged a customer’s property? General liability insurance

can help you during these incidents by covering you through a whole range of
problems.
Plastering Stucco Insurance
Plastering/Stucco Contractor is a profession with a higher risk associated with it, no matter
times.
A Plastering/Stucco Insurance policy is to be considered a small business insurance policy,




Plastering/Stucco Insurance . Insurance will protect you and your business from any work-
expenses.


covered.

their medical bills or lost wages. This, as part of Plastering/Stucco Insurance , can be a
your business.
seamless.
policy.
Who should buy Plastering/Stucco Insurance ?

What doesn't Plastering/Stucco Insurance cover?
● Floods
● Earthquake
● War
Cost of Plastering/Stucco Insurance

carrier.
factors above.
How to buy Plastering/Stucco Insurance
insurance.
At PBIBINS we provide you with the best Plastering/Stucco Insurance policy because we
At PBIB, we specialize in Plastering/Stucco Insurance, we can give you an impartial

part.
essential.


Pressure Apparatus Insurance
Pressure Apparatus Contractor is a profession with a higher risk associated with it, no matter
times.
A Pressure Apparatus Insurance policy is to be considered a small business insurance




Pressure Apparatus Insurance . Insurance will protect you and your business from any work-
expenses.


covered.

their medical bills or lost wages. This, as part of Pressure Apparatus Insurance , can be a
your business.
seamless.
policy.
Who should buy Pressure Apparatus Insurance ?

What doesn't Pressure Apparatus Insurance cover?
● Floods
● Earthquake
● War
Cost of Pressure Apparatus Insurance

carrier.
factors above.
How to buy Pressure Apparatus Insurance
insurance.
At PBIBINS we provide you with the best Pressure Apparatus Insurance policy because we
At PBIB, we specialize in Pressure Apparatus Insurance, we can give you an impartial

part.
essential.


Pressure Washing Insurance
Pressure Washing Contractor is a profession with a higher risk associated with it, no matter
times.
A Pressure Washing Insurance policy is to be considered a small business insurance policy,




Pressure Washing Insurance . Insurance will protect you and your business from any work-
expenses.


covered.

their medical bills or lost wages. This, as part of Pressure Washing Insurance , can be a
your business.
seamless.
policy.
Who should buy Pressure Washing Insurance ?

What doesn't Pressure Washing Insurance cover?
● Floods
● Earthquake
● War
Cost of Pressure Washing Insurance

carrier.
factors above.
How to buy Pressure Washing Insurance
insurance.
At PBIBINS we provide you with the best Pressure Washing Insurance policy because we
At PBIB, we specialize in Pressure Washing Insurance, we can give you an impartial

part.
essential.



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Builder’s risk insurance

The duration is usually 3, 6, or 12 months which can be extended in case of a delay in

Builders’ risk vs. general liability

Construction vs. renovation project

What does builders’ risk cover?

What does Builders’ risk not cover?

What are the types of builders’ risk policies?

Who is builders’ risk insurance for?

Who doesn’t need the builders’ risk coverage?

Why is the builders’ risk policy required?

Coverage provided by the builders’ risk

Extensions you can add to the builders’ policy

Here are some of the most common extensions:

What does the builders’ insurance cost?

Time limit of the builders’ policy

● The property is sold

Contractor Insurance for Small Businesses - What You

What is Contractor Business Insurance?

Why Buy Contractor Business Insurance?

Small Business Contractor Insurance Options

Final Words: Is Contractor Insurance Worth the Cost?

A Building Foundations Insurance policy is to be considered a small business insurance

Who might need Contractor Insurance?

Subcontractor: This is a person or company hired by the contractor to do certain jobs or

However, it doesn't matter if you're a general contractor or a subcontractor, you’ll need

What is covered by Contractor Insurance ?

Here’s what the essentials are:

● General liability insurance

This is usually an important part of contractors insurance considering that it is a requirement

● Commercial auto insurance

● Tools and equipment

● Surety and license bonds

● Business owner’s policy

Who should buy Building Foundations Insurance ?

What doesn't Building Foundations Insurance cover?

Cost of Building Foundations Insurance

At PBIB, we specialize in Building Foundations Insurance, we can give you an impartial

Determining Your Insurance Needs

We at PBIBINS specialize in contractor insurance as our CEO was a former contractor

Difference between a business owners’ policy and general liability policy

Who is a business owners’ policy for?

● Less than 100 employees

Why do you need a business owners’ policy?

The advantages of having a owners’ policy

● It provides a wide range of coverages and protection

What does a owners’ policy cover?

The owners’ policy coverages span over these three areas.

Commercial property insurance policy

● The building that houses your business, whether owned or rented.

General liability insurance

● Claims for bodily injury

Business Interruption Insurance

Business interruption insurance kicks in if your business experiences a natural disaster,

What’s not covered?

What does a owners’ policy cost?

● Industry and the risks associated with it

A Carpentry insurance policy is to be considered a small business insurance policy, which