Some important features of commercial liability:

Contractual liability insurance can be defined as coverage for the named insured’s liability that is created when it assumes, in an oral or written contract, the financial consequences of another’s negligent acts or omissions that results in bodily injury or property damage to a third party.

General Liability insurance covers the cost of your legal defense if you are sued for covered claims and any settlement or judgment awarded for those claims.

In addition to these contractors-specific liability coverage options, General Liability
Insurance also includes:

  • Comprehensive General Liability to protect your finances in case of lawsuits or claims.
  • Property Damage Coverage for any damage to property for which you’re liable.
  • Bodily Injury Coverage for any injuries sustained for which you’re liable, and their related medical expenses.

Important information made simple:

Most NY Contractors Insurance for general liability offered by many insurance companies do not cover NY Labor Law 240, 241 and 241a. While your insurance will be much less expense, there is no coverage for injury to employees &/or sub-contractors. The biggest part of these exclusions are there is no coverage for defense as well and any verdict. This means you will pay out of pocket all legal expense and awards.

**New York workman’s insurance prices have been affected in recent years by the stringent and absolute liability policies of Sections 240, 241, and 241-a of the New York Labor Law. Section 240 deals with scaffolding laws, and “gravity-related” accidents affecting workers and civilians. Section 241 addresses issues of flooring safety on construction sites. New York contractors are pushing to change the absolute liability standards of these laws to more moderate negligence-based liability standards. However, many business owners shopping for New York contractors insurance find that 240/241 coverage costs are still rising. At First Asset Agency Partners, we understand the difficulties of finding affordable 240/241 coverage. Our insurance professionals will help you find an affordable policy along with complete coverage’s for your New York general liability.


Trade / Artisan Contractors

  • Electrical Contractors
  • Masonry Contractors
  • Plumbing Contractors
  • Carpentry Contractor
  • Landscaping Contractors
  • Swimming Pool Cleaning Contractors’
  • HVAC Contractors
  • Drywall Contractors
  • Painting Contractors
  • Tile Contractors
  • Septic Contractors
  • Roofing Contractors

Specialty Contractors

  • Environmental Contractors
  • Street and road
  • Bridge
  • Carne Operators
  • Scaffolding
  • Owners Contractors Insurance Program (OCIP)’

Others Coverages

  • Workers Compensation
  • Builders Risk
  • Pollution Liability
  • Professional Liability
  • Contractors Tools and Equipment
  • Rental Equipment
  • Instllaton Floater
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