Remove Commercial Remove Income Remove Liability Remove Products
article thumbnail

Business Interruption Insurance in Construction: What Contractors Need to Know

Levelset

This type of insurance can help ensure that you’re able to continue operations if something happens that causes you to lose income. These include financial losses from reduced income streams or damaged equipment. This type of policy bundles together several types of coverage, including property damage and liability insurance.

article thumbnail

Insurance for Electricians: What It Covers & Why You May Need It

Levelset

You pay pennies on the dollar for coverage that could range into the millions for general liability (GL) insurance, for example. General liability insurance : A GL policy may help cover the cost of bodily injury or property damage that occurs on a jobsite. General liability may help pay for the cost of repair. .

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

#92:  Lost Profits and Waivers of Consequential Damages

NH Construction Law

But many commercial construction contracts provide for mutual waivers of consequential damages in the event of a breach. A commercial owner's lost profits will always be of the latter type. Normally both types of damages, if adequately proven, are recoverable in a lawsuit by the nonbreaching party. v Conor Medsystems Ireland, Ltd. ,

article thumbnail

West Virginia Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

This development assistance can reduce startup and operating costs and provide for enhanced productivity. Indirect Loans: The West Virginia Economic Development Authority provides a loan insurance program through participating commercial banks to assist firms that cannot obtain conventional bank financing. FINANCING & GRANTS.

article thumbnail

Oregon Incentives and Workforce Development Guide

Business Facilities

The intention is to protect those industrial lands with the potential for future economic development and job growth from conversion to residential or commercial zoning. Film & Video Incentives: Oregon offers a host of incentive programs for film and video productions taking place in the state. loan origination fee.

Oregon 49
article thumbnail

Oregon Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Film & Video Incentives: Oregon offers programs to induce film and video productions. Rebate on 20% of the production’s Oregon-based goods and services. of wages paid to production personnel. To be eligible under program, the business: manufactures a product or adds value to a natural resource. loan origination fee.

Oregon 40
article thumbnail

Virginia Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Defense Production Zones: Virginia authorizes its communities to establish local defense production zones to benefit businesses engaged in the design, development or production of materials, components or equipment required to meet the needs of national defense. TAX INCENTIVES. Worker Retraining Tax Credit.