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How to Prepare for Unexpected Risk Exposure

Construction Business Owner

Either by choice or required by contract or statute, commercial general liability (CGL), workers’ compensation, business auto and inland marine insurance (mobile equipment) are among the most common types of insurance purchased by contractors.

Risk 357
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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. For those installing properties using rigging equipment, the complexities of these job sites are even worse.

Insurance 168
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9 Types of Insurance You Need to Protect Your Contractor Business

Construction Marketing

Between the potential for accidents and injuries on the job site and the risk of lawsuits, it’s important to have insurance to protect yourself from financial losses, but what kind of insurance do you need? General Liability Insurance. Professional Liability Insurance. Professional Liability Insurance.

Insurance 156
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Builder’s Risk vs. General Liability for Contractors: What’s the Difference?

Levelset

Two of the most common insurance policies that contractors have are builder’s risk and general liability, which serve very different purposes. Builder’s Risk Insurance General Liability Insurance Coverage Covers a building under construction—and often tools, equipment, and materials related to the project.

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

Construction Marketing

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.

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4 Things You Need To Know About Snow Removal Insurance

Construction Marketing

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 189
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What is Equipment Floater Insurance for Contractors?

Levelset

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?