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First-Party vs. Third-Party Insurance: What’s the Difference?

Levelset

Third-party insurance , also known as liability or casualty insurance, protects insured individuals or businesses in situations where they may be liable for damages to another person or business — the third party. The roofer’s general liability insurance covers claims related to injuries related to the customer’s fall.

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Carpenter’s Insurance: Who Needs It & Why

Levelset

There are many policies that apply to a carpenter, but a simple business owner’s policy can include property damage and liability coverage. If a third party gets injured on a job, liability coverage helps pay the cost of legal defense if you get sued for the accident. . Does a carpenter need insurance?

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#128:  Waivers of Subrogation

NH Construction Law

’” Security Fence Co. The contractor’s liability insurance may theoretically cover the same loss, giving the Owner a choice between claiming under its own property insurance policy or claiming under the contractor’s liability insurance policy. Association , 101 N.H. 190, 192 (1957) (quotation omitted).

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How to Get Better Options in Today’s Hard Insurance Market

Construction Business Owner

Strategically marketing your specific data is imperative to secure the best option available in the current market. . Author Bio Richard Kohn and William Lathem are Risk Consultants at Cobbs Allen. This new environment requires a different approach. Fill out the form on this page to read the rest of this article. .

Insurance 156
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How to Step Up Your Game on Loss Control & Claims Management

Construction Business Owner

Strategically marketing your specific data is imperative to secure the best option available in the current market. . Author Bio Richard Kohn and William Lathem are Risk Consultants at Cobbs Allen. This new environment requires a different approach. Fill out the form on this page to read the rest of this article. .

Claims 156
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Collaborative Construction Solution

Job Order Contracting

A fee-based contract can also present a conflict of interest if one or more “consultants” are involved. The excessive use of consultants has also proven to be an issue and has been noted in publicly available independent audits. Or, request the white paper. Contact Us. .;

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Construction Business Owner Blogs

Construction Business Owner

Committing Intentional Project Communications » Public Exposure and Liability on Construction Sites. This week, I’m pleased to welcome David DeVita, a safety expert with 20 years of experience, from Carolina Safety Consultants. Public Exposure and Liability on Construction Sites. General Management. Software & Technology.