NM General Contractor Practice Questions - New Mexico General Contractor Exam

What is 'general liability insurance' and why is it important for NM contractors?

Insurance that protects against third-party claims for bodily injury or property damage arising from construction operations Insurance that covers the contractor's own injuries Insurance required only for public projects Insurance that replaces the need for a surety bond

Correct Answer:

Insurance that protects against third-party claims for bodily injury or property damage arising from construction operations

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