As a concrete contractor, you occupy a specialized niche that requires expert knowledge and experience. Your professional expertise is invaluable in a building project, whether you are pouring a foundation or installing a patio.However, the nature of your business also calls for adequate protection against potential injury, damages, and lawsuits.Why do you need insurance for your business?To attract potential customers. When homeowners are looking to hire a concrete contractor, they consider your years of experience in the industry, check references, and, most importantly, verify whether you have adequate insurance coverage.If you are adequately insured, in addition to inspiring confidence in clients, it will also lend legitimacy to your business.More information is available at contractorsliability.comLook to these 5 insurance policiesGeneral Liability insuranceThe coverage most customers will expect your business to hold is General Liability Insurance.This is the minimum coverage you should have as it covers claims made against you, legal costs, and monetary judgments assessed against your business.As third-party insurance, your potential clients will benefit from coverage for bodily injury and property damage during the course of your work on their project. Included in the policy is coverage for personal and advertising injury claims.Workers Compensation insuranceIn a labor-intensive industry, such as a concrete contractor, your employees face a higher risk of injury on site. Most states require all businesses with employees to take out Workers Compensation insurance.If one of your employees suffers a work-related injury, this policy provides coverage for medical bills, lost income, rehabilitation costs, and death benefits. It will also assist with legal fees if your employee decides to sue your business.Commercial Auto insuranceBusiness vehicles are an essential asset of your concrete contracting business. Commercial Auto insurance is vital as it protects your fleet of vehicles and trucks from damage or theft.If your concrete mixing truck is involved in an accident, for example, this could potentially result in debt and considerable financial loss to your company. In this case, your Commercial Auto insurance will cover third-party injuries and any property damage caused by your vehicle.Inland Marine insuranceAs a concrete contractor, you frequently are required to work at new building sites that are not covered by a Builder’s Risk Insurance policy. In this case, investing in Inland Marine insurance will provide coverage for your property and equipment against loss and damage, not only while it is in transit, but also at the job site.Professional Liability InsuranceConcrete foundations are the cornerstones of a building site. Shoddy or inferior work can not only have dangerous implications, but it could also result in costly lawsuits.Professional Liability insurance provides coverage for your legal fees if sued for negligence, errors, and oversight. It also covers your business when a customer alleges that your work is faulty.Secure your businessAs a concrete contractor, you have devoted hard work and time to build up your business, so it only makes sense to secure it as best as possible. You can do this by purchasing the correct insurance.This will safeguard you from hefty legal costs, which could quite easily financially cripple your business. Talk to an insurance agent today and free up your time to focus on what is profoundly important - your business.