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General liability insurance for contractors provides coverage for third-party claims involving bodily injury, property damage, and advertising injury. This policy protects contractors from potential lawsuits or financial losses resulting from accidents or damages caused during work. For example, if a contractor accidentally damages a client’s property, the insurance covers repair costs or legal fees. To activate the coverage, contractors must report incidents promptly and provide necessary documentation. General liability insurance is essential for building trust with clients, securing contracts, and ensuring the business’s financial stability.
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