The Holes In General Contractors Insurance Can Be Expensive To Fill

Article by Miles Henry

General contractors insurance is a requirement in the state of New York for anyone acting in the construction field, and the insurance must be active during the entire period in which work is being done. This is because contractors are held responsible for everything that happens on the worksite, from the beginning of a job until it is complete. Choosing the cheapest general contractors insurance NY is not always the wisest decision, however, as many policies leave holes in coverage that can be financially devastating in the event of a lawsuit.

General contractors insurance NY is required by law to provide three types of coverage:

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