Both General and Residential Contractors need to have liability insurance. All licenses are required to have $500,000 for any occurrence. Still, a residential-basic contractor must have to carry a minimum of $300,000 for any circumstance. Any contractor that wants to work in the state of Georgia must have worker's compensation.
There are many different types of insurance a contractor should get when starting independently, and as a business below shows a list of insurance you can get.
When looking for insurance, you always want to ask questions and look for the policy and make sure they have you fully covered. The list below shows what you should be asking and looking out for