article thumbnail

Factors to Know About Crane and Rigging Insurance

Construction Marketing

Fortunately, crane and rigging insurance provide protection and compensation. However, understanding these insurance policies is key to maximizing your benefits. What is crane and rigging insurance? Other common crane and rigging insurance types include: Boom truck operator insurance.

Insurance 168
article thumbnail

What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

When working in construction, your insurance policy gets issued as a fairly standard contract. Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. What is an insurance endorsement? How insurance endorsements work.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Errors and Omissions (E&O) Insurance Explained for Construction?

Levelset

Errors and omissions (E&O) insurance covers contractors against financial loss resulting from mistakes, errors, or claims of negligence. While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss.

article thumbnail

15 Tips For Starting Your Own Roof and Guttering Business

Construction Marketing

Insurance, liability, and workers’ compensation . Replacements: GBP 4,000 – 10,000 depending on the materials, size, design, and other factors. Other costs: Insurance, taxes, advertising, vehicle maintenance, dumpster fees, and petrol. 10) Business bank account and credit card. 11) Accounting.

Insurance 295
article thumbnail

Willmott Dixon vows to recover building safety millions

Construction Enquirer

The cost of complying with the Building Safety Act has blown a hole in the latest accounts from Willmott Dixon. And the contractor vowed to go after “designers, fire engineers, supply chain and insurers” to reclaim a “substantial portion” of the £62m it has set aside for building safety and cladding retrofits.

Safety 82
article thumbnail

Insurance for HVAC Contractors: What It Covers and Why You Need It

Levelset

HVAC contractor insurance is the primary way to help protect your financial interest if things go wrong on the job. This contractor’s insurance solution is typically the most cost-effective means to secure coverage and give you peace of mind. What is HVAC contractor insurance? Who needs HVAC insurance?

article thumbnail

*ISNetworld® Client Additions May 2024: Tips to Stay Compliant

Safety Services Company

With their extensive experience, they can manage each stage of the project lifecycle, from siting and design, to construction and operation. Their initial letter also states, “Your company’s agent or broker can submit insurance and experience modifier documents on your behalf via *ISN®’s Agent/Broker Tool.”