If you own and operate a contracting business, you face risks inherent to the type of work that you do. While on the job (and even when the job is already finished) there is a chance that your employees, clients, or uninvolved strangers could suffer injuries or have their properties damaged. No matter the nature of the damage, if you are held liable you will be responsible for paying for it with your money.
Lawsuits and settlement fees can range into the tens of thousands of dollars. This can be seriously detrimental to your business and even risk closing your doors for good.…
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