What does a general liability policy typically not cover?

A general liability policy is designed to provide coverage for claims of bodily injury and property damage that third parties suffer as a result of the insured's operations. This type of insurance typically covers various aspects of liability including injuries to third parties, completed operations, and legal defense costs incurred when responding to claims made against the insured.

The justification for stating that the policy does not typically cover damage to the contractor's own property stems from the fundamental purpose of general liability insurance. It is oriented towards protecting the contractor from claims made by third parties rather than covering losses to the contractor's own assets. For contractors seeking coverage for damage to their own property, a separate property insurance policy or builder's risk insurance would be necessary to address those specific risks.