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Insurance & Bonding

Liability Insurance

In Plain English

Insurance that pays for damage or injuries you cause to others.

Definition

Liability insurance is a broad category of insurance that protects a policyholder against claims from third parties for bodily injury or property damage caused by the policyholder's operations, products, or actions. In construction, liability insurance encompasses commercial general liability, professional liability, auto liability, and employer's liability. Most project owners require contractors to carry minimum liability limits as a condition of the contract.

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