Insurance & LiensQuestion 1481 of 1605
The main purpose of a contractor's Commercial General Liability (CGL) insurance policy is to cover:
a.The contractor's lost profits from a delayed project
b.Injuries to the contractor's own employees on the job
c.Damage to the contractor's own tools and equipment
d.Third-party bodily injury and property damage arising from the contractor's operations
Explanation
Commercial General Liability insurance covers third-party bodily injury and property damage caused by the contractor's operations or completed work. Injuries to the contractor's own employees fall under workers' compensation; damage to owned tools falls under inland marine/property coverage.
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Reviewed by Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verify)