What type of insurance is typically required for Georgia residential contractors?

In the context of Georgia residential contractors, general liability insurance is particularly important because it protects contractors from claims arising due to accidents, injuries, or damages that occur during the course of their business operations. This type of insurance covers third-party bodily injury and property damage, which is crucial for contractors who often work on clients' properties and face the risk of accidents or unforeseen events.

While other forms of insurance, such as workers' compensation and automobile insurance, are important for specific aspects of a contractor's operations, general liability insurance addresses the broader spectrum of potential liabilities that can arise when providing residential contracting services. For instance, if a client trips on a tool left by the contractor or if there is damage to the property during construction, general liability insurance would cover those claims, ensuring that the contractor is not personally liable.

Having general liability insurance is often a requirement for contractors to keep their business compliant and protect both their financial interests and the interests of their clients. This requirement underscores the importance of being adequately insured against the risks associated with residential contracting work.