Contractors Insurance CA

It is virtually impossible to build a successful contracting business without any kind of contractors’ insurance. CA contractors, in particular, are aware that most, if not all, consumers would opt for the services of a contractor who carries some form of General Liability Insurance at the very least.

This is something you will need to take into consideration, along with the fact that contractors’ insurance will protect you and save you money in the long run. Every business and every project, after all, carries inherent risks and it is essential to think and plan ahead. Getting the right contractors’ insurance (CA) for the best value must therefore be a primary consideration for contractors, whatever the size of your business may be.

Moreover, providing Workers’ Compensation Insurance coverage is a condition of licensure in California – that is to say, you need to provide proof that you do have Worker’s Compensation Insurance if you want to acquire, maintain or renew your contractor’s license with the California Contractors State License Board (CSLB). You are exempt from this requirement only if you do not have any employees.

While General Liability Insurance is not required by law in California, it is nonetheless necessary for reasons already mentioned, as well as for the fact that companies and organizations normally make it a proviso to deal only with insured contractors. Also, for home improvement projects, the state has made it a requirement for contractors to inform the consumer if they carry Commercial General Liability Insurance or not. You are also required to include a statement in the home improvement contract that emphasizes the value of the said insurance.

Government Contracting