Insurance & LiensQuestion 1536 of 1605
'Completed operations' coverage under a CGL policy is important to contractors because it covers:
a.Injuries to the contractor's employees
b.The contractor's business income
c.Bodily injury or property damage arising from the contractor's work AFTER the job is finished and turned over
d.Theft of materials before installation
Explanation
Completed operations coverage responds to third-party injury or property damage arising out of the contractor's completed work after it has been finished and turned over to the owner — critical for latent construction defects that appear post-completion.
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Sen Lin, PrepPass Founder · Verified against California CSLB Contractor License Law & Business Exam · How we review
Reviewed by Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verify)