Contractors save thousands general liability insurance calculation secrets
Real-World Savings and Opportunities
In practice, contractors who actively manage their insurance costs can save significantly. For example, a small contracting business that improved its safety protocols and reduced its claims history saw a 20% reduction in its annual premium1. Additionally, many insurers offer promotional rates or discounts for first-time policyholders or those renewing their policies, which can be explored by visiting websites of reputable insurance providers.