Do You Have the Right Insurance for Your Contracting Business?

June 20, 2016

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According to the U.S. Bureau of Labor Statistics, 64 percent of all construction type jobs fall in the specialty trade contractors sector, including plumbing, heating and air conditioning, electrical, and masonry!

It takes much more than basic handyman skills to become a skilled tradesman and business owner. But if you are interested in starting or growing a home improvement or general contracting business, there are some business insurance basics that you need to be aware of.

Business Insurance

Depending on the nature of your work and whether you employ workers directly, you will need to consider several business insurance options. These range from general liability insurance to professional liability insurance and workers’ compensation insurance.

Learn About Business Insurance

The above is an excerpt adapted from the article, “Turn your Handyman Skills Into a Profession: Get Started!.” For more information, please visit www.sba.gov.