article thumbnail

Factors to Know About Crane and Rigging Insurance

Construction Marketing

Unfortunately, a small mistake can lead to serious and costly accidents, especially considering the price of cranes and other heavy machines from the heavy machinery marketplace. Fortunately, crane and rigging insurance provide protection and compensation. These hefty costs can sink your business if you aren’t insured.

Insurance 168
article thumbnail

4 Things You Need To Know About Snow Removal Insurance

Construction Marketing

And in case of physical harm to your workers or damage to your customers’ property, your snow removal insurance can compensate for the needed expenses. . The reason is that if the provider doesn’t have any policy, the client will be held responsible for the accidents and alleged mishaps occurring because of the company’s fault.

Insurance 188
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Since a GC or owner may not be found responsible for these accidents, they look to the specialty contractor’s general liability policy to help pay for damage or injuries.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Small Producer Credit (AS 43.55.024(c)): Credit of up to $12 million per year for taxpayers incurring eligible oil and gas lease expenditures in North Slope operations.

Income 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. The program offers the following incentives: Transaction Privilege Tax Exemption (TPT Exemption) on purchased qualifying equipment and leased or rented qualifying equipment. TAX EXEMPTIONS.

Income 75