Waterproofing insurance comes in handy when something goes wrong just like with any other type of contractors insurance and general contractors insurance. While it may not be legally required in the state you live in to have this type of insurance, it’s a smart idea to have in case of an accident occurs with your company.

What is Waterproofing Insurance?

Waterproofing insurance is a type of general liability insurance that will cover different types of damage that may occur on the job created by your company. Waterproofing companies that do work in waterproofing such as porch/deck work, basements, foundations, etc. are recommended to have waterproofing insurance.

Remember that General Liability covers third-party bodily injury and third-party property damages. It also covers claims from completed projects arising from your business operations. Most of your clients will require a Certificate of Insurance showing all of your active business insurances prior to commencing any project.

Contractors Liability is the right choice for your business because they offer packages that include your individual company’s needs, aside from they’re affordable, they work with trusted providers in the insurance industry, and have a team of experienced and licensed professionals who are competitive to get you an active policy in just a few hours.

Why Do You Need Waterproofing Insurance?

The real question is, who wants to incur huge costs to address medical costs, repair property damages, and pay for filed lawsuits? No matter how small the line of work is, risks are inevitable. They can be prevented but there are times when you’re running a business, you just want to focus on what you do best and things can go uncontrollable. Especially if you are working at a client’s property, a random passer-by can intentionally or unintentionally hit an accident button.

Truth is, you can’t control every single risk. We can do everything to prevent them but nature has its own way of getting us into challenges and at times very unexpectedly.

What’s covered when you choose Contractors Liability for Waterproofing insurance?

  • Injuries to the body
  • Damages to the property
  • Personal injury
  • Advertising injury
  • Medical payments
If someone at your company is at fault for an injury obtained by a third party, waterproofing insurance will cover your business from huge financial loss. Even lawsuits filed against your business are covered by this General Liability insurance.

You will also be covered if someone from your business doesn’t do the entire job resulting to delay and compromised job quality. If there are any changes (damages) made to the property, whether intentional or unintentional, your company will have the proper coverage.

If your company includes sensitive information in a campaign regarding a client, this client has the right to file a lawsuit against your waterproofing company, which means you’ll need waterproofing insurance to be covered. You will have coverage for any medical bills that an injured third party has from an injury due to your project.

Contractors Liability

Contractors Liability specializes in providing insurance for handymen, contractors, and landscapers alike. We help businesses customize their plans for coverage that is specific to the trade. Contact Contractors Liability at 866-225-1959 today to get a free quote.