Levelset
AUGUST 24, 2022
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.
Levelset
SEPTEMBER 23, 2022
Accidents happen, especially in construction. Does a general contractor’s insurance cover their subcontractors’ accidents or mistakes? What this means is that financial losses caused by accidents, mistakes, and other issues that are the fault of the general contractor will be covered under the policy.
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Levelset
OCTOBER 20, 2022
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.
Levelset
SEPTEMBER 20, 2022
Heating, ventilation, and air conditioning (HVAC) contractors must protect their business property while reducing the odds that a job-related accident or injury could financially harm their business. The policy includes two main components that help protect the financial standing of the business. Who needs HVAC insurance?
Levelset
SEPTEMBER 6, 2022
In short, an additional insured is typically another business entity or person who can be added to your business policy, securing the same liability protection that you do. The AI benefits from some or all of the liability coverage extended to the policyholder. AI endorsements are often required as part of the construction contract.
Construction Marketing
JUNE 20, 2022
When you see or hear about construction accidents, they usually involve heavy equipment like cranes or scaffolding. If the construction company fails to keep the site safe, they could face liability. How Accidents Happen Due To Falling Debris. Violations of safety rules can lead to workplace accidents. Brain Injuries.
Lets Build
JULY 7, 2020
These reports can include basic information on what was completed that day and they can also be filled with little tidbits that include issues that occurred or accidents that happened. Accident report: A detailed explanation of any accidents that might have occurred on site that day.
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