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What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

Levelset

A certificate of insurance (COI) is a valid form used to prove that you carry the appropriate insurance policy. Why a certificate of insurance matters. Some parties — like owners and GCs — will want some assurances that any not-at-fault, job-related accidents or injuries will not cause them financial harm.

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A Plumbing Contractor’s Guide to Insurance Coverage

Levelset

Plumbing contractor’s insurance may help your business stay afloat if accidents or injuries occur on the job. In this respect, general liability insurance or workers’ compensation could help cover those costs if an incident should occur. . Worker injury. What is plumber’s insurance?

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10 Best Insurance Companies for Construction Businesses

Levelset

They offer a full range of business insurance policies, including general liability, commercial auto, workers’ compensation, and umbrella. Policies offered include general and professional liability, workers’ compensation, commercial auto, and tools and equipment. And they offer risk specialists to help your business minimize losses.

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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

Project owners or GCs will want a certificate of insurance proving that you have your own liability insurance. . When a subcontractor is uninsured, the business can still be liable for any property damage or injury to others. If your business is found to have caused an injury or accident, the other party will seek damages.

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September 2015 newsletter

FDR Safety

Documentation of their Experience Modification Rating, which measures Workers Compensation claims experience. A copy of their OSHA 300A log, which summarizes on-the-job injuries and illnesses. Copies of all required permits and certifications. How involved is management when an injury occurs? When is drug testing done?

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Additional Insured Endorsements & How They Work in Construction

Levelset

Additional insured, policyholder, certificate holder: What’s the difference? A certificate holder is a party that requires proof that a contractor meets the insurance requirements to perform work as defined in the contract. There are several related terms that are commonly confused in insurance policies and construction contracts.

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New Executive Order Requires Paid Sick Leave for Federal Contractors

Best Practices Construction Law

Sick leave includes time off for the employee’s physical or mental illness, injury, a medical condition, treatment, or diagnosis thereof. After three or more consecutive days of sick leave, an employee must provide its employer with certification of the need for the leave.