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Does GC Insurance Cover Subcontractors?

Levelset

Accidents happen, especially in construction. Luckily, that’s what insurance is for, right? Does a general contractor’s insurance cover their subcontractors’ accidents or mistakes? While there isn’t a cut-and-dry answer to these questions, we’ll take a deeper look into insurance coverage and what happens in these situations.

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What is Project Loss Insurance?

Levelset

Construction contractors face potential loss with each project they take on. Project loss insurance has the potential to save contractors from devastating project losses, no matter the cause. Project loss insurance has the potential to save contractors from devastating project losses, no matter the cause.

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Legal Documents Required for Purchase of Property

CivilJungle

Legal Documents Required for Purchase of Property. But we must avoid the problem and legal situation by checking the documents required for buying property. The below documents are necessary for the purchase of property: 1. Every construction work begins with legal approval. Sale Agreement. Mother Agreement.

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What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

When working in construction, your insurance policy gets issued as a fairly standard contract. Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. What is an insurance endorsement?

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How to Manage Compliance for Construction Success

Viewpoint Construction Technology

Construction management is challenging, in no small part because the industry is governed by a plethora of regulations. Regulatory compliance may seem daunting, especially for those new to the construction industry. Insurance and bonding requirements. Wage and union payroll agreements. Building codes. Lien requirements.

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A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

On projects like this, property owners typically count on an insurance claim to pay for the work – they may not have cash on hand to pay you out of pocket. Understanding a homeowner’s insurance policy – and what it covers – can be helpful when deciding to take on a project. Understanding homeowner insurance policies.

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7 Ways Construction Companies Can Keep Their Workers Safe

Construction Marketing

Despite being one of the leading employment sectors in many countries, the construction industry is one of the most dangerous sectors. Statistics show that there are over 400 injuries and over 20 fatalities each year related to construction in Ontario alone. Have a safety standards terms of the agreement (TOA).