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Insurance for Contractors 101 – Beware of the Cheap Policy! The most Affordable Insurance Policy May Put Your Business At Risk

Responsible construction contractors understand the importance of maintaining a commercial general liability policy of insurance (“CGL”). Having insurance coverage with ample policy limits provides peace of mind that the business is protected against claims involving, among other things, personal injury, illness, death, or property damage suffered by employees or property on a project site. However, many contractors are unaware that their CGL policy may be leaving their businesses, and even their assets, exposed and at risk.

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