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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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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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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. Rigging insurance, also known as riggers liability insurance, provides cover against property loss or damage when on the hook of cranes.

Insurance 167
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Say What? The Rise of Criminal Liability for Construction Accidents

Best Practices Construction Law

Last week marked the end of Construction Safety Week 2018 , a combined effort by the Construction Industry Safety (CISI) group and the Incident and Injury Free (IIF) CEO Forum. Safe projects are more likely to be profitable projects due to lack of delays and prevention of claims for jobsite injuries.

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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. It also helps minimize accidents and uphold professionalism within the construction industry. Proper certification and training are crucial for preventing these accidents.

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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 186
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Is Gravity Part of OSHA’s LOTO Regulation?

FDR Safety

In recent months, we at FDRsafety have been surprised at the number of cases involving injuries resulting from falling objects. While accidents are an unfortunate reality in industry, some involved trained workers being in the line of fire. Where do gravity related accidents fall in the eyes of OSHA? The 7500 lb. be hazardous?