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General Liability Insurance in Newark, DE

Backing up your business is essential; protecting your assets is principal. AT PBIB, we can save you up to 40%!

Finding cheap general liability insurance for contractors? Get your coverage here at Pascal Burke Insurance Brokerage

General liability insurance gives you the peace-of-mind that your business assets are protected against risks or unforeseen events. If a third party alleges property damage, injury, or bodily harm, you won’t have to worry about your construction business assets being depleted by medical bills, court costs, settlements, or judgements.

In the high-risk construction industry, safety and protection are part of the job. General liability insurance is one way you can protect your business and keep your assets where you want them. You work hard to build your business. General liability insurance works hard to protect it.

There is no substitute for experience, so if you're trying to find the best possible general liability coverage in your location, you have come to the right place! Place your business in the capable hands of Pascal Burke Insurance Brokerage today!

What is General Liability Insurance?

General liability insurance, often called business liability insurance and commercial liability insurance, provides coverage for your business against claims of:

  • Bodily injury.
  • Property damage.
  • Personal and advertising injury.
  • Medical expenses.

What does a General Liability Insurance policy cover?

General liability insurance provides coverage to the insured for third-party “bodily injury” or “property damage” arising out of your operations, including defense and indemnity that the insured become legally obligated to pay. The policy also provides premises liability, fire damage to the insureds rented office (not your home).

General Contractor fixing a house

Why you need General Liability Insurance?

General liability (GL) insurance (also known as small business liability insurance or commercial liability insurance) gives you the peace-of-mind that your business assets are protected against risks or unforeseen events. If a third party alleges property damage, injury, or bodily harm, you won’t have to worry about your construction business assets being depleted by medical bills, court costs, settlements, or judgements.

In the high-risk construction industry, safety and protection are part of the job. General liability insurance is one way you can protect your business and keep your assets where you want them. You work hard to build your business. General liability insurance works hard to protect it.

This section explains what our Business General Liability Insurance offers. You should consider General Liability Insurance Coverage if you or your employees:

  • Interact with clients face to face – If you visit a client’s place of work, or clients visit yours.
  • Have access to a customer’s property.
    • If a customer’s home or property is damaged, GL could cover the cost to repair or replace it.
  • Are required to have general liability insurance before entering into a contract.

Typical General Liability Coverage for Contractors:

General Liability:

Occurence Limit
$1,000,000
Aggregate Limit
$2,000,000
Product Completed Ops
$1,000,000

Worker's Compensation:

Limits
$1,000,000

Commercial Auto:

Limits
$1,000,000

Tools & Equipment:

Limits (* See note below)
$10,000

Excess Liability:

Limits (* See note below)
$1,000,000
Notes:
  1. Tools and Equipment limits should be adjusted to the actual value of the tools and equipment owned, leased, or rented by the contractor.
  2. Excess Liability should be considered for exposures to loss that exceed $1,000,000, or contractual requirements dictate the amount of excess liability must be carried.

What is covered?

  • Bodily Injury.
  • Damage to third party property.
  • Personal injury.
  • Advertising injury.
  • Medical expenses.
  • Defense costs (On Covered Claims).
  • Actions of your employees.

What is not covered?

  • Your property, injury to you or your employees.
  • Professional services.
  • Workers’ compensation.
  • Intent to injure.
  • Coverage outside the policy period.
  • Known claims prior to the start of the policy.

Optional Coverages:

Some small contractor insurance programs may exclude certain coverage listed below. If these coverages are needed, they can be purchased through broad form policies, usually at a higher cost.

  • Contractual Liability.
  • Prior Work.
  • Uninsured subcontractor coverage.

How to pick the right GL Policy for you

  • There are two types of policies, ISO and Manuscript. The ISO policy is a standard form policy, so the coverage of the policy is known. Though it is important to read your policy and endorsements, it is the endorsement that must be carefully read. The Manuscript policy is written by the insurance carrier, so you and your broker must read it cover to understand the coverages.
  • We are Insurance Brokers at PBIB, that means we select from a large pool of insurance carriers to find the best policy that best fits your needs. If you go to an Agent of an Insurance Carrier, the agent must select the one policy the carrier has for you. Another mistake is purchasing an online policy, who read that policy for you to determine if the coverage is proper for your company? The answer is no one read the policy.
  • There is no substitute for experience, so if you're trying to find the best possible general liability coverage on your Location, you have come to the right place! Place your business in the capable hands of Pascal Burke Insurance Brokerage today!

There are some policies that exclude coverage

  • Based upon your trade certain endorsement can be critical, each trade has its own requirements and there are coverages that must be considered, too many to mention here.
  • In an example, Roofers all need open roof coverage and some need coverage for Hot Work applications.

General Liability Insurance coverage does vary by Profession, Location and Limits.

The location and business trade plays a role in the cost of your general liability policy. If you do business in an area where the risk is greater, you may be able to manage your costs by adjusting your limits to reflect your actual need. For example, a roofing company will do higher-risk projects than say a handyman. Quotes will vary by business depending on the trade, the size of the business, the state your business is located in, and the limits/deductibles selected. A commercial property policy is purchased to cover damage to the contractor’s own buildings, office contents, and most other personal property that it owns. A commercial property policy can also cover loss of income or increase in expenses that result from insured damage.

How to Successfully Manage your Subcontractors

How to make sure that your subcontractors claims stay with your subcontractors do not hit your General Liability policy and drive your rates sky-high?

Collect from each subcontractor prior to the subcontractor commencing work, the following:

  • A Certificate of Insurance listing all policies.
  • Subcontractors Agreement that includes the following:
  • General Liability Insurance:
  • Limits of Liability:
    • $1,000,000 per Occurrence.
    • $2,000,000 General Aggregate.
    • $2,000,000 Aggregate for Products-Completed Operations.
    • $1,000,000 Personal & Advertising injury.
  • Endorsements: (Or equivalent endorsements).
    • Additional Insured - Ongoing Operations (CG2010).
    • Primary and Noncontributory - Blanket (CG2001).
    • Waiver of Subrogation (CG2404).
  • The subcontractor agreement that includes insurance requirements and a Hold Harmless Clause that holds you harmless to the fullest extent permitted by law, including defense and all legal fees for the work performed by your subcontractors on your behalf.
  • All subcontractor documentation should be kept for a period of 10 years.

The Best General Liability Insurance to get you on the job safely in Newark, DE

If you're running a contracting service, you most likely currently know how easily things can go wrong. From broken equipment to injured employees, and everything in between, building and construction is a hazardous industry where accidents happen every day. Being so, there are few things more vital to your contracting company than insurance that will cover you totally when hard times fall. So if you're trying to find the best possible license bond in Newark, DE, you’ve arrived - put your company in the capable hands of Pascal Burke Insurance Brokerage today!

Where Contractors Go to Get Insured!

We are specialist in an array of policies that cover not only general cases but specialty contractors. Check out how we can help you below.

Why us

Many contracting insurance brokers have business diplomas and briefcases - they might understand the stats, however they don't have the facts. When you select Pascal Burke Insurance Brokerage, Inc., you're drawing from decades of experience in the building and construction industry. Having been in the field ourselves, we know your insurance needs like the back of our hands - hands that are still calloused from the work you do everyday. Some things just can't be taught - they must be lived. So, if you want insurance coverage brokers who'll treat your company as they would their own, we're the ones for you. Let's build something.

About us

In 1974, our founder and president Pascal Burke began his career in construction as an architect’s apprentice, but his heart was in building so he joined a large concrete company, building parking structures and sports stadiums, After a few years he began his own construction company specializing in parking structures until 2005, he then joined the board of directors of an insurance company that specialized in contractors general liability. After 4 years, he began Pascal Burke Insurance Brokerage, Inc. Since this beginning we have specialized in contractors’ insurance and are licensed in over 40 states. We truly know contractors from the ground up!

Newark is surrounded by a large amount of public parkland over 12,000 acres although the city is located roughly halfway between Philadelphia (approximately 45 miles away and Baltimore is part of densely populated New Castle County. To the south is Iron Hill Park (part of the New Castle County Park System), to the west (in Cecil County, Maryland) is Fair Hill Natural Resources Management Area, and to the North is White Clay Creek State Park and White Clay Creek Preserve (in Chester County, Pennsylvania). Also nearby is Middle Run Valley Natural Area, which is part of the New Castle County Park System. These parks provide ample hiking, mountain biking, and horseback riding opportunities. The Fair Hill Natural Resources Management Area and large portions of White Clay Creek State Park consist of land formerly owned by the Du Pont family that was later ceded to the states of Maryland and Delaware, respectively.

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