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Business Interruption Insurance in Construction: What Contractors Need to Know

Levelset

Whether it’s the risk of an unexpected accident or a project running over schedule and costing you money, there are many things that can go wrong. One way to help protect yourself from some of these perils is by having business interruption insurance for construction. What does business interruption insurance cover ?

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Does GC Insurance Cover Subcontractors?

Levelset

Between miscommunication, the wrong specifications, carelessness, or events out of anyone’s control, things can go wrong, and the damages can be expensive. Luckily, that’s what insurance is for, right? Does a general contractor’s insurance cover their subcontractors’ accidents or mistakes? Who is covered by an insurance policy?

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The pros and cons of becoming a subcontractor

Fieldwire

If you decide to start your own subcontracting business, you’ll be able to reap many of the most significant benefits of working as a general contractor — like greater flexibility in job hours and scheduling. You’ll need to purchase your own health insurance and you won’t receive paid sick or vacation days. Schedule a Demo

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Provide Notice (and 10 Other Tasks) When Pursuing a Construction Claim

Best Practices Construction Law

Generally, you have to make sure that you comply with the contract or insurance provisions by: (1) giving written notice of the claim; (2) to the correct party; (3) within the time required; and (4) identifying the event giving rise to the claim. Analyze the schedule. Identify issues and establish a roadmap.

Claims 48
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International Arbitration Experts Discuss The Impact On The Global Economy

Constructlaw

Mealey’s International Arbitration Report recently asked industry experts and leaders for their thoughts on what events had an impact on global economy that have led to an increase in filings. Mealey’s: What, if any, events had an impact on the global economy that have led to increased filings? All rights reserved.].

Claims 40
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GIVEAWAY #5: AUTODESK SWAG PACK

Construction Junkie

Warranty, insurance, registration, and any fees or costs associated with the prizes are the sole responsibility of the Winner. No transfer, substitution or cash alternative permitted, except by Construction Junkie, LLC in its sole discretion. Prize is awarded “as is” with no warranty or guarantee, either express or implied.

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GIVEAWAY #4: MILWAUKEE TOOL PRIZE PACK

Construction Junkie

Warranty, insurance, registration, and any fees or costs associated with the prizes are the sole responsibility of the Winner. No transfer, substitution or cash alternative permitted, except by Construction Junkie, LLC in its sole discretion. Prize is awarded “as is” with no warranty or guarantee, either express or implied.