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7 Contractor Tips for Dealing With Insurance Adjusters & Owners

Levelset

In turn, the owner is relying on the insurance company to pay their claim. After all, the faster the insurance company pays the owner, the quicker you can get paid ! Dig deeper: What contractors need to know about the insurance claims process. You don’t work for the insurance company or the adjuster, and they don’t work for you.

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Legal Documents Required for Purchase of Property

CivilJungle

Legal Documents Required for Purchase of Property. But we must avoid the problem and legal situation by checking the documents required for buying property. Every construction work begins with legal approval. The actual owner of land legally sets people by way of every power of attorney. Commencement Certificate.

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Assignment of Benefits for Contractors: Pros & Cons of Accepting an AOB

Levelset

When a property owner files an insurance claim to cover a restoration or roofing project, the owner typically deals directly with the insurance company. They may not have the funds available to pay the contractor out of pocket, so they’re counting on that insurance check to cover the construction costs. Setting up an AOB.

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

Best Practices Construction Law

When dealing with construction claims—whether one for construction defects, outstanding payment, or delay damages—an initial hurdle is making sure that proper notice has been given. Recently, a court in New York held that notice to an insurance broker was not the same as the contractually required notice to the insurance carrier.

Claims 48
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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Tip #1: Negotiate Fuel Costs. Before you go down the negotiating path, be sure you know your overall consumption by gallons. There is certainly a great deal to learn about this issue. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. STRATEGY |. MANAGEMENT |. ACCOUNTING |.

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International Arbitration Experts Discuss The Impact On The Global Economy

Constructlaw

According to another, in the United States, there are pre­sently more than 1,250 pandemic insurance litigations. Many insureds, both in the United States and around the world, have policies which contain domestic or interna­tional arbitration provisions. The latter provide for arbi­tration in Bermuda, London, or elsewhere.

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California Legislature Further Helping Subcontractors

Construction Law Monitor

I recently found a good article on JDSupra.com , always a great source for solid legal content, regarding California Senate Bill 474. This article deals with a hot construction law topic, pay-when-paid vs. pay-if-paid clauses. The legislature here is essentially trying to protect the subcontractor from itself.