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7 Contractor Tips for Dealing With Insurance Adjusters & Owners

Levelset

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.

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Does GC Insurance Cover Subcontractors?

Levelset

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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7 Things Contractors Need to Know About Retainage

Fieldwire

Subcontractors who typically work at the beginning of a project — laying the foundation, for example — may be forced to wait months or years before they’re able to collect retained amounts. Retainage does not extend the mechanics lien deadline A mechanics lien is perhaps the most powerful tool that contractors have to force payment.

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Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Insurance - Is critical to your construction company. Talk to an insurance agent that understands construction about your insurance needs.

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Economic Loss Doctrine bars Nevada claims against Architect

Construction Lawyer

Idle Equipment not entitled to Lien in Missouri » April 19, 2009. Economic Loss Doctrine bars Nevada claims against Architect. The design of the foundation was premised on their analysis, which proved to be faulty. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens.

Nevada 40
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We Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Get Organized - We strongly recommend a Subchapter S-Corp for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Insurance - Is critical to your construction company. Talk to an insurance agent that understands construction about your insurance needs.

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constructionattorneyblog: Louisiana does not give res judicata effect.

Construction Lawyer

Federal Court dismisses subs claim against GC because of arbitration provision. March 23, 2012), the Greers brought suit for damages arising out of an allegedly defective foundation in their home that had been built by Town Construction. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens.