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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

Let’s take a look a subcontractor insurance: when it’s needed, what happens if a sub goes uninsured, and what policies subs can use to protect their businesses from risk. Subcontractor business liability insurance should be retained since a catastrophic claim could bankrupt most all painting contractors.

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What Certifications Does A Crane Need To Operate On Construction Sites?

Construction Marketing

Crane certifications are crucial for construction site operations due to their critical role and potential risks. A solid commitment to safety can help reduce legal liabilities resulting from accidents or non-compliance with safety regulations. They demonstrate the crane operators’ proper training, knowledge, and machine operation.

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Contractor Management and Prequalification: Why Are They Necessary?

Safety Services Company

Avoiding Legal Issues Hiring clients hire a licensed contractor to save themselves from legal liabilities and low-quality work. Unlicensed contractors do not have the necessary documentation to prove their skills. Those who do not comply pose a high risk of impacting the hiring client’s project.

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Does GC Insurance Cover Subcontractors?

Levelset

General contractors know these risks when they take the role. If a sub accidentally drops a steel beam on the project manager’s new sports car, that subcontractor’s liability insurance policy would likely cover the damage. General liability insurance. Builder’s risk insurance.

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What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

Levelset

Some parties — like owners and GCs — will want some assurances that any not-at-fault, job-related accidents or injuries will not cause them financial harm. Aside from owners and GCs, a government entity may want to see proof of liability insurance. There are a few parties that might require a COI from your contracting business.

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Construction Jobsite Safety: Strategies and Resources for Worker Well-Being

Pro Builder

Consider these elements of a training and awareness program to save lives, mitigate injuries, and reduce liability and costs . Cannabis and the Jobsite: Keeping Your Risk to a Minimum. There’s a gap in the management of risk and safety in construction,” he says. Fri, 08/05/2022 - 07:00. billion in workforce education.

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Insurance for Electricians: What It Covers & Why You May Need It

Levelset

You pay pennies on the dollar for coverage that could range into the millions for general liability (GL) insurance, for example. General liability insurance : A GL policy may help cover the cost of bodily injury or property damage that occurs on a jobsite. General liability may help pay for the cost of repair. .