article thumbnail

Carpenter’s Insurance: Who Needs It & Why

Levelset

You can practice safety and use common sense on the job, but there’s no way to predict when accidents or injuries might occur. Carpenter’s insurance is a financial instrument that helps protect your business if accidents, injuries, or illnesses occur in a work-related capacity. What is carpenter insurance?

article thumbnail

Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

“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.”. If your business is found to have caused an injury or accident, the other party will seek damages.

professionals

Sign Up for our Newsletter

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

article thumbnail

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

Levelset

Not all accidents that happen on jobs are large-scale and catastrophic. 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.

article thumbnail

Last, but NOT Least: Why You Should Take a Closer Look at Your Next Indemnification Clause

Construction and Infrastructure Law

Indemnification clauses are arguably the most important part of an agreement when an accident or dispute arises on a project. Any party who could face potential liability should be included as an indemnified party. In many instances, a clause can be drafted to protect against claims asserted as well as an ultimate finding of liability.

article thumbnail

Last, but NOT Least: Why You Should Take a Closer Look at Your Next Indemnification Clause

Construction and Infrastructure Law

Indemnification clauses are arguably the most important part of an agreement when an accident or dispute arises on a project. Any party who could face potential liability should be included as an indemnified party. In many instances, a clause can be drafted to protect against claims asserted as well as an ultimate finding of liability.

article thumbnail

Unlimited liability for designers and contractors

Construction Lawyer

The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. Sabo & Zahn LLC is an Illinois Limited Liability Company. Unlimited liability for designers and contractors. Copyright Notice. Disclaimer.

article thumbnail

New York Looks at Possible Scaffolding Law Reform

Safety Services Company

Opponents of the law also claim that it has increased the cost of liability insurance, making it challenging for contractors to obtain coverage and build in New York. The law provides specific defenses to prevent those types of workers from recovering. .” Accidents & Fatalities Aerial Lifts'