Different Types of Insurance Policies to Consider as a Mold Remediation Contractor
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Restoration contractors might possess rewarding opportunities from unlikely sources such as mold. Mold is one specific issue that homeowners cannot ignore. It weakens their ceilings, walls, floor and even the foundation of the home. This fungus grows in moisture-laden regions of several old homes and this has created a huge demand for professional mold remediation contractors. Alongside the possibility of extra income, mold has created risks for organizations that work on mold removal, water damage restoration and construction businesses.
Types of insurance • Every business can derive benefit from insurance coverage and mold remediation is no exception. • Here are some essential mold remediation contractor insurance policy types to take into account. 1. General liability insurance • General liability insurance is typically a protective tool for any contractor. • It has the same pollution exclusion clause just like the homeowner's policy which states that the policy does not protect any property or bodily harm caused by the dispersal, release or escape of pollutants.
2. Worker’s compensation insurance • You can restore confidence in your staff that if they fall ill or get injured during the job, they will be taken good care of, with the help of this insurance policy. 3. Commercial property insurance • Regardless of whether you own or rent your business place, you require coverage that can come to the rescue, if you experience theft, fire, vandalism or any other event. 4. Commercial auto insurance • Your occupation requires driving to the job site. Your typical automobile insurance from a business insurance agency may not include what a commercial auto insurance policy might.
ďƒ˜Business Insurance Center helps you choose the best insurance plan types for you. You can request a quote online or have a conversation with their experienced and knowledgeable broker about getting mold remediation contractor’s insurance. Website: www.businessinsurancecenter.com Phone: 888.585.0511 Email: info@businessinsurancecenter.com