Save Big with EPLI Construction Contractor Quote Secrets
Why EPLI is Essential for Contractors
Construction contractors face unique challenges in managing their workforce. With the constant hiring and layoff cycles, the risk of employment-related claims is high. EPLI provides a safety net that protects your business from financial losses associated with these claims. According to the U.S. Equal Employment Opportunity Commission (EEOC), the construction industry sees a significant number of discrimination claims annually1.
The cost of defending against such claims can be substantial. Legal fees, settlements, and judgments can quickly add up, potentially jeopardizing your business’s financial stability. EPLI helps mitigate these risks by covering legal expenses and settlements, ensuring that your business can continue to operate smoothly even in the face of legal challenges.