A change in exposure generally indicates that the insured is engaged in business operations that are outside the scope of the policy issued. In simpler terms, the insurance is inadequate for the exposure. For example;, You have a roofers insurance policy for residential roofing exposures, but you have recently added commercial roofing to your company offering, This would create an exposure change that you would need to have added to your insurance policy. failure to update your policy with appropriate coverage could result in cancellation of your policy.
General liability covers Public and Producs Liability, therefore by having General Liability cover, public liability is covered also.
Liability requirements should be commensurate with the risk expsoure excountered. One might ask, What is the maximum libility exposure of the tenant? This would be the amount of liability insurance to carry.
Compare general liability insurance quotes from multiple providers. Learn about liability insurance in our free buyers' guides to business insurance.Hiscox specializes in general liability insurance for businesses with 10 employees or less.
You need a commercial general liability policy.
General Liability insurance is purchased through any insurer that provides commercial insurance lines coverage.
Comprehensive general liability insurance covers businesses against many liability exposures of a business. Comprehensive general liability insurance coverage includes completed operations, elevators, independent contractors, and more.
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It is a good idea to consider purchasing general liability insurance for your business. General liability insurance can protect your business and give you peace of mind.
It all depends on the overall risk exposure. Without knowing what type of contractor you are and what you annual volume is, there is no way to guess what you might pay for your insurance.
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General Liability insurance can be purchased through some reputable companies such as Nationwide Insurance, Geico Insurance, EInsurance and All State.
Homeowners insurance does not have liability coverage for your job occupation. You can obtain contractors insurance for liability coverage.