Levelset

SEPTEMBER 16, 2022

With the amount of money you invest in tools and equipment, it’s crucial to protect those assets no matter where you go. Whichever route you choose, you can get some peace of mind by exploring and purchasing coverage through an equipment floater. . What is an equipment floater? Who needs equipment floater insurance?

Insurance 52

Insurance Equipment Contractors Risk 52

Construction Marketing

DECEMBER 27, 2021

General Liability Insurance. This type of coverage will protect your company from various liabilities , including injury claims, and cover medical expenses. General liability also protects businesses if they cause damage to a customer’s property or if any product installations go awry, like faulty plumbing that causes leaking.

Insurance 156

Insurance Contractors Accidents Liability 156

Construction Marketing

OCTOBER 19, 2021

Because of their nature of work, snow removal contractors are usually exposed to many risks, which may include anything from third-party injuries to equipment. When it comes to the liabilities covered in the policy, it usually depends on the insurance provider or brokerage. Usually, more business means more liability risks.

Insurance 193

Insurance Legal Compensation Injury 193

Levelset

SEPTEMBER 14, 2022

“If something goes wrong, liability could hit the GC’s policy, which dilutes liability insurance limits, negatively impacts their claims history, and forces them to deal with a claim that’s not really their fault.”. Finally, the GC’s policy won’t provide any coverage for tools, equipment or vehicles.

Insurance 98

Insurance Liability Claims Injury 98

Construction Dive

JANUARY 2, 2014

By Bruce Jervis A primary purpose of a limited liability company, much like a corporation, is to shield company owners from personal liability for business losses. When the company enters into a contract, the company’s assets are at risk.

Liability 53

Liability Risk Claims Contract 53

Construction Marketing

JUNE 14, 2022

It also ensures you’re not spending money on hospital bills, treating injured workers, and legal liabilities. . Examples of equipment used in construction sites include bulldozers, lifting cranes, dump trucks, excavators, forklifts, etc. . Avoid that from happening by inspecting your equipment regularly. .

Safety 350

Safety Site Construction Inspections 350

Levelset

AUGUST 31, 2022

They offer a full range of business insurance policies, including general liability, commercial auto, workers’ compensation, and umbrella. They provide general liability, property, subcontractor, and cyber protection. Next does not offer specialty coverage, like builders’ risk or pollution liability. Find an agent.

Insurance 52

Insurance Liability Compensation Construction 52

Job Order Contracting

JULY 19, 2020

liability insurance and allowance for small tools and consumables. Liability insurance based upon local contractor rates is also added as a percentage. Equipment Costs. Equipment costs are either local rates or a national rate for each piece of equipment used in crews performing the task based upon daily usage.

Estimating 155

Estimating Overhead Construction Liability 155

Construction Marketing

JUNE 19, 2023

A solid commitment to safety can help reduce legal liabilities resulting from accidents or non-compliance with safety regulations. Promoting safety in construction sites involves ensuring operators understand standard procedures, equipment inspections, load calculations, and hazard identification.

Certification 178

Certification Site Accidents OSHA 178

Safety Services Company

DECEMBER 1, 2023

Rigorous oversight, extensive use of Personal Protective Equipment (PPE), and investment in safety and compliance training drive Bob’s profits well above industry averages. With growing scrutiny on job site dangers and liability concerns, prioritizing safety is crucial in sustaining a competitive edge. Let’s look at why that is.

Safety 110

Safety Bidding Contract Liability 110

Construction Business Owner

FEBRUARY 4, 2015

Whether it''s the latest in mobile communications, building materials and design, prefabricated and modular construction, laser technology or safety equipment, new technologies can provide more efficient, safe and cost-effective ways of operating your business.

Management 120

Management Liability Mobility Risk 120

Levelset

AUGUST 26, 2022

At the core, you have property coverage for your tools and equipment, along with a liability component that protects your financial assets in case there’s a work-related accident or injury that you may have some responsibility for. . Equipment breakdown . Pollution liability with site cleanup. Electronic data processing

Insurance 52

Insurance Liability Equipment Agreement 52

Levelset

SEPTEMBER 19, 2022

For example , if your insurance policy covers your equipment, any damage that is covered will lead directly to you getting reimbursed for repairs or replacement. For example , if you damage a customer’s property while performing electrical repairs, liability insurance may cover the cost of damages to the customer’s property. .

Insurance 52

Insurance Liability Compensation Claims 52

Levelset

SEPTEMBER 30, 2022

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?

Insurance 52

Insurance Liability Accidents Injury 52

Levelset

SEPTEMBER 23, 2022

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, builder’s risk, and subcontractor default insurance are among the most common, and wrap insurance is growing in popularity.

Insurance 52

Insurance Liability Accidents Risk 52

Levelset

SEPTEMBER 12, 2022

” You may already have an insurance policy that offers coverage for business property and general liability. This broader category of commercial insurance is designed to cover things like building materials, tools, or equipment, regardless of where these items travel. . Who needs installation floater insurance?

Insurance 52

Insurance Liability Risk Materials 52

Construction Equipment

JUNE 21, 2016

The Japan Aerospace Exploration Agency (JAXA) is teaming up with Kajima Corporation and Taguchi Industrial to build lightweight, automated construction equipment to work on construction projects on Mars and our moon.

Liability 89

Liability Equipment Software Software 89

Construction Marketing

JUNE 20, 2022

When you see or hear about construction accidents, they usually involve heavy equipment like cranes or scaffolding. Moreover, workers are injured or killed almost yearly by falling objects or equipment. If the construction company fails to keep the site safe, they could face liability. Who’s Liable For Falling Debris Injuries?

Site 156

Site Injury Construction Safety 156

Levelset

OCTOBER 14, 2022

In this respect, general liability insurance or workers’ compensation could help cover those costs if an incident should occur. . Liability for damage. A plumbing contractor’s insurance policy may include one or both of these components: liability and property damage. A GL policy offers a wide range of protection.

Insurance 52

Insurance Liability Injury Compensation 52

BD+C

MAY 3, 2024

Physical safety, patient privacy, HIPAA compliance, and concerns about medication and equipment theft top the list. Enhance safety for patients, visitors, and staff, safeguard costly medical equipment and assets, and shield data with the convenience of keyless smart access control.

Office 91

Office Safety Security Liability 91

Levelset

SEPTEMBER 20, 2022

Damaged or stolen tools and equipment can erase a considerable investment, and bearing responsibility for damage to another person’s property can mean significant costs for an HVAC business. . Liability insurance will help cover expenses for damage to someone else’s property and/or legal costs if another party decides to file a lawsuit.

Insurance 52

Insurance Contractors Liability Accidents 52

Levelset

JULY 25, 2022

The term capital is used across industries to represent all of a company’s financial assets, including cash, inventory, equipment, and more. Construction businesses may have equipment, materials, or technology that function as capital, too. .

Debt 97

Debt Cash Flow Equity Finance 97

Levelset

SEPTEMBER 16, 2022

It is sold as an extension to your general liability insurance policy and may be required by the state you work in or the project owner. Completed operations coverage is bundled with a contractor’s general liability policy. Completed operations covers liability from work that is already completed (i.e., not in progress).

Insurance 52

Insurance Liability Claims Contractors 52

ENR Construction

SEPTEMBER 19, 2019

Province has taken over removing damaged equipment that fell over high-rise project as Dorian swept through, and is probing cause and liability; see collapse video.

Liability 44

Liability Equipment 44

Levelset

OCTOBER 20, 2022

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. .

Insurance 52

Insurance Liability Electrical Accidents 52

NH Construction Law

JUNE 30, 2020

A few years back I blogged (#24) on the Spearin doctrine, which holds that adherence to government-imposed design specifications absolves the contractor from contract liability to the government when the finished product fails to perform as intended. Spearin does not address tort liability to third parties injured by defective designs.

Contractors 40

Contractors Liability United States Defense 40

Levelset

OCTOBER 13, 2022

Aside from owners and GCs, a government entity may want to see proof of liability insurance. You may be seeking to work for a local, state, or federal government, and these bodies will want to know that you carry liability insurance before you’re awarded — or even considered — for a bid. When do I need to provide a COI?

Insurance 52

Insurance Certification Contractors Liability 52

Safety Services Company

JANUARY 5, 2024

This will ensure your workers comply with safety standards and protect your company from legal liabilities or workplace accidents caused by winter-related hazards. Ultimately, these foster a work environment where workers feel secure, valued, and equipped to handle the challenges of winter construction.

Safety 81

Safety Accidents Construction Risk 81

ENR Construction

SEPTEMBER 19, 2019

Government is managing removal of heavily-damaged equipment from high-rise project as Dorian swept through and assessing liability.

Liability 28

Liability Equipment Management 28

Construction Equipment

FEBRUARY 18, 2016

Zoomlion is a limited liability heavy equipment manufacturer that is owned in part by the People's Republic of China. Zoomlion reiterated its intention to absorb Terex into the Chinese company's fold on Wednesday. The company made an unsolicited bid to acquire Terex December 4, 2015, offering $30 per share.

Liability 48

Liability Finance Bidding Security 48

Construction Cost Estimating

JUNE 26, 2019

In this civil engineering article, you will get the details about the role of a contractor and the liabilities of him. Specify and evaluate different project issues like the necessary materials, equipment, and personal requirements. Arrange necessary construction equipments. Apply the proper safety equipment in the project.

Contractors 40

Contractors Legal Safety Liability 40

Construction Cost Estimating

OCTOBER 8, 2018

Both play important role for major projects with equally significant liabilities. Comparing Site Engineers to Project Engineers: Both the site engineers and project engineers take diverse liabilities for accomplishment for different types of construction projects.

Engineering 40

Engineering Site Liability Construction 40

Construction Equipment

JUNE 10, 2016

. . April 6, 2015 Carlos Moncayo, 22, was working for subcontractor Sky Materials on a project at 9-19th Ninth Avenue in New York City, generalled by Harco Construction, owned by Kenneth Hart. Sky Materials foreman Wilmer Cueva and site superintendent Alfonso Prestia sent Moncayo into a 13-foot trench with no safety shoring.

New York City 48

New York City Liability Site New York 48

Construction Junkie

SEPTEMBER 22, 2020

These increases and delays could be due to a variety of factors, including increased social distancing and other safety precautions, the need to pace out workforce scheduling, increased cost of certain materials, factory shutdowns causing delay in equipment and material delivery, among others.

Contractors 137

Contractors AGC Autodesk Safety 137

Construction Law Monitor

JULY 20, 2011

You are in the business of leasing heavy equipment to contractors. Both the Private Works Act and the Public Works Act each require that the Lessor of equipment to a construction project provide advance notice to the owner of the equipment’s use and existence at the jobsite. You just hit your first snag with payment.

Leases 44

Leases Lien Louisiana Equipment 44

Construction Business Owner

JUNE 29, 2012

EQUIPMENT |. Equipment Management. Equipment and Services Directory. Committing Intentional Project Communications » Public Exposure and Liability on Construction Sites. Public Exposure and Liability on Construction Sites. MARKETING |. INSURANCE |. General Management. Software & Technology. Construction Law.

Construction 120

Construction Safety Software Software 120

NH Construction Law

DECEMBER 19, 2020

2002) (“Thus, the liability of a surety and its principal on a Miller Act payment bond is coextensive with the contractual liability of the principal only to the extent that it consistent with the rights and obligations created under the Miller Act.”). United States ex rel. Walton Technology v. Westar Engineering , 290 F.3d

Subcontracting 40

Subcontracting New Hampshire Liability Defense 40