Business Insurance for
New Jersey Subcontractor Insurance
In the state of New Jersey, subcontractor insurance is required in multiple forms. The state has numerous laws in place that are designed to prevent employers from circumventing wage and withholding laws by declaring employees as subcontractors or independent workers. These restrictions make it necessary for legitimate subcontracting companies to carry various types of commercial insurance coverage.
General Liability Coverage
General liability coverage is insurance needed by all New Jersey subcontractors. General liability coverage helps protect your company, clients and other people by paying for medical and repair needs when accidents arise. If a person is physically harmed in your company’s work area, liability insurance pays for the medical care they’ll need. This insurance also pays for property repairs if your subcontracting company causes them. Additionally it can pay for legal costs if you’re accused of inaccurate advertising or damaging someone’s reputation.