Insurance Requirements for Providers
Proper insurance coverage protects your business and gives customers confidence in your services
Why Insurance is Essential
Professional service providers understand that proper insurance isn't just a requirement—it's a fundamental aspect of running a legitimate business. Insurance protects you from financial ruin if something goes wrong, and it shows customers that you take your responsibilities seriously.
At NeighborLink, we require all service providers to maintain appropriate insurance coverage. This creates a level playing field where professional providers can compete based on quality and service, not just price.
Required Coverage Types
Coverage requirements vary by service type and location. Here are the most common types:
General Liability
Minimum: $1,000,000
Covers property damage and bodily injury claims during service delivery
Commercial Auto
Minimum: State minimums
Required if using a vehicle for business purposes
Workers' Compensation
Minimum: As required by state
Mandatory if you have employees working on jobs
Professional Liability
Minimum: Varies by trade
Errors & omissions coverage for specialized services
Benefits of Proper Coverage
Protect your business assets from lawsuits
Build trust with customers who value professionalism
Access to higher-value jobs and commercial clients
Peace of mind knowing you're fully covered
Stand out from uninsured competitors
Comply with state and local regulations
How to Get Insured
1. Assess Your Needs
Consider the types of services you offer and potential risks:
- • Do you work on customers' property?
- • Do you transport equipment or materials?
- • Do you have employees or subcontractors?
- • What's the typical value of projects you handle?
2. Shop for Coverage
Get quotes from multiple insurance providers. Consider working with an agent who specializes in coverage for service businesses. Compare not just price, but also coverage limits, deductibles, and exclusions.
3. Submit to NeighborLink
Once you have coverage, upload your certificate of insurance during the application process. We'll verify your coverage and ensure it meets our requirements.
Frequently Asked Questions
Is insurance mandatory to join NeighborLink?
Yes, all service providers must maintain appropriate insurance coverage. This protects both you and your customers.
How do I submit proof of insurance?
Upload your certificate of insurance during the application process. We'll verify coverage with your insurer.
What if I'm just starting out?
We partner with insurance providers who offer affordable coverage for new businesses. Contact us for recommendations.
Do I need additional insured endorsements?
Some customers may require you to add them as additional insured for specific jobs. This is handled case-by-case.
Important Insurance Notice
Insurance requirements vary by state and service type. The information provided here is general guidance only. You are responsible for ensuring you have appropriate coverage for your specific business and location.
NeighborLink's insurance requirements are minimum standards. Some customers may require additional coverage for specific jobs.
Ready to Join as an Insured Provider?
Demonstrate your professionalism with proper insurance coverage