Beyond the Build; Why Completed Ops Coverage Still Matters

Why Completed Operations Coverage is Essential for Contractors’ General Liability Policies

As a contractor, protecting your business from the risks you face is crucial. While many understand the importance of General Liability (GL) insurance, the value of adding Completed Operations coverage is often overlooked. This essential protection ensures you're safeguarded long after a project is finished, giving you peace of mind.

Understanding Completed Operations Coverage

Completed Operations coverage is an important extension of your General Liability policy. While GL insurance protects against incidents and injuries during work, Completed Operations coverage steps in to protect you after a project is completed.

Imagine this scenario: you install an electrical system, and months later, a fire occurs due to faulty wiring. The property owner files a lawsuit. Without Completed Operations coverage, you could face out-of-pocket expenses for legal defense and settlements. This coverage is your safety net, ensuring your hard-earned business remains secure.

Why You Should Consider Completed Operations Coverage

1. Long-Term Protection: Construction defects or issues can arise long after project completion. This coverage ensures you're protected from liabilities that surface later.

2. Coverage for Legal Costs: Legal fees can quickly escalate, even if you're found not liable. Completed Operations coverage helps cover these expenses, safeguarding your financial stability.

3. Contract Compliance: Many contracts require this insurance, especially for larger or complex projects. Carrying this coverage keeps you competitive and eligible for more opportunities.

4. Building Trust with Clients: Having this coverage demonstrates responsibility and commitment to quality work, earning the trust of potential clients.

   
   

How to Get Started

Investing in the right coverage tailored to your business can make all the difference. With Completed Operations coverage, you'll be ready for unexpected situations, ensuring your reputation and livelihood remain intact.

Let’s work together to ensure you have the protection you deserve, customized for your unique needs. Your peace of mind starts with the right coverage.

Contact us at 215-650-9292 or service@jjcinsuranceagency.com