Contractor Insurance Requirements California

As a contractor in California, it`s essential to understand the insurance requirements that are mandated by the state. These requirements ensure that you and your employees are protected in the event of an accident or lawsuit.

General Liability Insurance is required for all contractors in California. This type of insurance protects against claims of bodily injury or property damage caused by the contractor or their employees while on the job. It also covers legal fees and settlements if a lawsuit is filed against them.

Workers` Compensation Insurance is required for all contractors who have employees. This insurance covers medical expenses, lost wages, and other related expenses if an employee is injured or becomes ill on the job. It also provides coverage if an employee files a lawsuit against the contractor for work-related injuries or illnesses.

Contractors working on state-funded projects are required to have a minimum of $1 million in general liability coverage and $2 million in aggregate coverage. These requirements are in place to protect the state from financial losses due to accidents or lawsuits.

Additionally, some cities and counties may have additional insurance requirements for contractors working on projects within their jurisdiction. It`s essential to check with local authorities before starting work to ensure compliance with all necessary regulations.

In summary, contractor insurance requirements in California are in place to protect contractors, their employees, and clients from financial loss due to accidents or lawsuits. General Liability and Workers` Compensation Insurance are mandatory for all contractors, and those working on state-funded projects must meet specific coverage minimums. Being aware of all necessary insurance requirements can help contractors stay compliant and protect their business.

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