13 Aug Keep Your Repair Jobs and Parts Covered with the Right General Liability Coverage
Construction and repair jobs have the potential to impact your business long after the project is complete. This is especially true for integral jobs such as roofing repair, electricity, and boiler repair and installation. If you repair or replace a boiler or even are hired to onsite boiler maintenance, your company can face claims for real and alleged property damages that can include damage to the surrounding area of repairs or for the completed operations and future problems that may have resulted from your work. Because of the heavy financial risk that your business could face, having excess general liability coverage is one of the best things you can do to protect your business.
What is commercial general liability insurance?
This type of coverage protects you and your business from a wide array of claims, such as:
- Bodily injury to your employees as well as other contractors or people onsite who might be damaged by your equipment or the boiler servicing process,
- Property damage that is caused during the course of the job or long afterward, and
- Property damage claims that involve sold products, such as boiler covers or parts.
In short, commercial general liability insurance acts as a catch-all for most of the third-party claims you and your business can face during day-to-day operations. Having an insurance provider that can respond to those claims and mitigate the financial risk of operations to your business is critical to keeping your business profitable and moving.
If you want to learn more about the right about of coverage for your specific gas boiler service or boiler repair business, contact Evolution Insurance Brokers here.