![]() ![]() Many states also require General Liability Insurance and/or a Surety Bond to protect both contractors and consumers. In some cases, even if you employ independent contractors you could still be required to carry Workers’ Comp coverage. In many cases, Workers’ Compensation coverage is required if you have employees, or, if you have subcontractors who your state would classify as employees. ![]() This might include obtaining licenses and/or registering with the appropriate authorities as well as taking steps to protect your business with the right contractor insurance. Working as a general contractor can be a rewarding career for those looking to be their own boss, but it also comes with several risks, which is why many states require you to meet certain criteria before working.
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