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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

“If something goes wrong, liability could hit the GC’s policy, which dilutes liability insurance limits, negatively impacts their claims history, and forces them to deal with a claim that’s not really their fault.”. Medical expenses, property damage, and legal defense costs can grow quickly.

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Carpenter’s Insurance: Who Needs It & Why

Levelset

There are many policies that apply to a carpenter, but a simple business owner’s policy can include property damage and liability coverage. If a third party gets injured on a job, liability coverage helps pay the cost of legal defense if you get sued for the accident. . Does a carpenter need 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. They provide general liability, property, subcontractor, and cyber protection. Next does not offer specialty coverage, like builders’ risk or pollution liability. Find an agent. Nationwide.

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A Plumbing Contractor’s Guide to Insurance Coverage

Levelset

A plumbing contractor’s insurance policy covers claims for property damage, but it may also help defend against lawsuits resulting from a work-related incident. In this respect, general liability insurance or workers’ compensation could help cover those costs if an incident should occur. . Liability for damage.

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Insurance for HVAC Contractors: What It Covers and Why You Need It

Levelset

Liability insurance will help cover expenses for damage to someone else’s property and/or legal costs if another party decides to file a lawsuit. The contract may ask that each sub carry a liability amount of $2 million, for example. Business property insurance covers the value of materials you own to perform your job.

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GIVEAWAY #5: AUTODESK SWAG PACK

Construction Junkie

ELIGIBILITY: This contest (“Contest”) is open to legal residents of the fifty (50) United States and the District of Columbia who are at least 18 years or older at the time of entry. All federal, state or other tax liabilities (including income tax) arising from this Contest will be the sole responsibility of each prize Winner.

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GIVEAWAY #4: MILWAUKEE TOOL PRIZE PACK

Construction Junkie

ELIGIBILITY: This contest (“Contest”) is open to legal residents of the fifty (50) United States and the District of Columbia who are at least 18 years or older at the time of entry. All federal, state or other tax liabilities (including income tax) arising from this Contest will be the sole responsibility of each prize Winner.