Owners & Contractors Protective Liability (OCP) coverage is a stand-alone policy that protects the insured’s liability for bodily injury and property damage caused by an independent contractor’s work. More and more project owners are requiring this type of coverage to protect them from damages caused as a result of a contractor’s performance or lack thereof, on any given project. Even though an OCP policy only covers the project’s owner, contractors still benefit.

What are the benefits of Owners & Contractors Protective Liability Insurance:

  • Allocated Coverage Limits Specifically for Project Owner
  • Principal Coverage for the owner general liability coverage
  • Losses under the OCP policy usually won’t affect the contractors insurance premiums.