As a contractor, there are many unique risks you need to account for. Make sure you're covered.
Be protected in the workplace with the right insurance
As is to expected of their work, contractors have a wide range of unique risks that they have to deal with on a day-to-day basis. Contractors are often in transit, which includes transporting their tools and equipment, as well as other employees and supplies, between several job sites. Along with this, expensive equipment and supplied can be stored both on- and off-site, which can make them vulnerable to theft or damage/destruction.
Given contractors secure jobs through various contractual agreements, it's important for them to be able to secure these jobs through the utilization of various contractual bonds - these provide security for both the contractor and those they are doing work for. Not only this, but the contractor also has to protect themselves in the event of any liability claims made against them.
With so many risk factors to account for, insurance is imperative to ensuring you can protect your job and your livelihood. AMC Insurance offers the following contractors insurance options within BC.
Other Important Insurance Products:
Bonds for securing work
In general, all surety bonds involve three parties. The surety (in this case, typically the insurance provider), the contractor (you), and the owner (the business or individual that you will be doing work for). Most surety bonds focus on having the surety guarantee the owner that if you fail to deliver on your contract, that the surety will reimbursed the owner for any financial issues this creates. Surety bonds can also include guarantees that the contractor will be legally obligated to amend any issues that are their fault that eventuate from their work after the fact.
In the world of insurance, finding an affordable insurance provider who also offers good coverage is not an easy task. Whatever insurance you're looking for, be it commercial insurance or personal insurance, we have the expertise to help you make the right choice.