The Risks of Hiring Subcontractors
It is best that if you are seeking the help of other subcontractors, they must have a general liability insurance. Thus, your contractor liability relies on your subcontractors having the necessary insurance. The insurance that your business have may not enough to protect you from liability of a subcontractor.
For example, your subcontractor is not covered by an insurance, and he accidentally damages an expensive furniture. Sadly, you will be responsible for the damaged goods if your subcontractor is unable to pay. Because of this, you are vulnerable to lawsuits of your workers damages any of your client’s properties.
Business owners need to be sure to have everything covered. Yes, it can be too overwhelming. BizSmart Insurance got you covered. We have a team of financial advisors. The whole team will assess the risks and will help you reduce the risks so that you won’t have to worry about anything.
You do your business, and we will handle the insurance part. BizSmart Insurance offers various types of commercial insurance policies. What are you waiting for? Contact us immediately and we will customize the best insurance policies that is appropriate for your business.