Claims Documentation Insurance Lien 
Levelset
MARCH 31, 2022
In turn, the owner is relying on the insurance company to pay their claim. After all, the faster the insurance company pays the owner, the quicker you can get paid ! Dig deeper: What contractors need to know about the insurance claims process. You may feel the urge to step in and help with the adjuster.
Levelset
SEPTEMBER 23, 2022
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. Who is covered by an insurance policy?
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Levelset
APRIL 8, 2022
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.
Levelset
APRIL 8, 2022
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.
Construction Marketing
JULY 11, 2022
The indemnity agreement provides that the principal will hold the surety harmless if a claim is filed against the bond. Are Surety Bonds Insurance? While many contractors confuse surety bonds and insurance, they are different. Contact a surety company and submit a bond application together with your financial documents.
Best Practices Construction Law
FEBRUARY 25, 2014
Well, in a recent construction dispute in Maryland, “the Man” was the owner’s insurance company. Accordingly, the joint venture could not claim reimbursement under the policies. The contract required Gaylor to purchase and maintain an Owner Controlled Insurance Program (“OCIP”). The Insurance Claim.
Construction Cost Estimating
NOVEMBER 25, 2014
The package of over 140 purpose built forms are customizable Excel templates and documents addressing all areas of construction contract work. Construction Forms screenshot Construction Forms for Excel are designed to facilitate contracting and administrative tasks for construction work and projects.
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