article thumbnail

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? Here’s an overview of the most important types of insurance for contractors. Roofers Insurance.

Insurance 156
article thumbnail

Factors to Know About Crane and Rigging Insurance

Construction Marketing

Construction sites are full of activity due to moving parts and heavy machinery. 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.

Insurance 168
professionals

Sign Up for our Newsletter

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

article thumbnail

How to File a Lawsuit After an Injury At a Construction Site?

Construction Marketing

Unfortunately, injuries at construction sites are highly likely. You may wonder if you have legal recourse if you have been injured while working at a construction site. Now, let’s look at some of the most common questions about construction site injuries.

Injury 258
article thumbnail

What Should You Do When There is an Accident at Your Construction Site?

Best Practices Construction Law

You probably saw last month’s report about a major accident at a construction site in downtown Miami, Florida. This is a good reminder of the lessons to learn when investigating or handling an accident on a construction site. These include: Prepare before the accident. Act diligently when an accident occurs.

article thumbnail

Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

Business insurance can help mitigate occurrences or disasters that can severely impact or destroy the good standing of your business. Let’s take a look a subcontractor insurance: when it’s needed, what happens if a sub goes uninsured, and what policies subs can use to protect their businesses from risk.

article thumbnail

Can a Property Owner File a Claim Against the Contractor’s Insurance?

Levelset

Mistakes and accidents happen, and some of those issues can be extremely expensive. Whether a third party gets hurt around the job site or the contractor causes property damage, someone needs to pay to make things right. But who can actually file a claim against the contractor’s insurance? Let’s take a look. State requirements.

article thumbnail

What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

When working in construction, your insurance policy gets issued as a fairly standard contract. 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. .