Who does the Owners and Contractors Protective Liability protect?

Owners and Contractors Protective Liability (OCP) coverage is designed to primarily protect owners, landlords, and tenants from liability that may arise from the operations of contractors or subcontractors hired to work on their behalf. This type of insurance provides a safeguard against claims for bodily injury or property damage that may occur as a result of the contractor’s work.

When an owner or a landlord hires a contractor to perform work on their property, they can be held liable for incidents that occur as part of that work, even if the contractor is at fault. The OCP policy comes into play here, covering damages and legal costs that may arise from such claims, ensuring that the property owner is not left exposed to financial losses due to the actions of the contractor.

This focus on protecting owners and landlords against contractor-related liabilities is what distinguishes this type of insurance from others. While contractors and subcontractors have their own liability protections, OCP specifically emphasizes safeguarding the interests of the property owners and entities that engage contractors for work performed on their premises.