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People today inquire , do contractors need to have legal responsibility insurance? Normal legal responsibility insurance is important for impartial contractors mainly because: It protects you and your organization.
[1] Builder's risk insurance is "protection that guards anyone's or organization's insurable curiosity in components, fixtures and/or devices being used in the development or renovation of a building or construction must Individuals goods sustain Actual physical reduction or damage from a protected cause."[two]
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