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Contractors must have tailored insurance coverage to keep up with the risky nature of their operations. They must carry the right general liability insurance to pay for claims and lawsuits that might arise from dissatisfied clients or third parties.

Starting a business requires a significant investment, and even day-to-day business operations expose you to several risks. So, purchasing business insurance is essential. Here is a closer look at the importance of buying a customized business insurance policy best-suited to your unique needs.