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Factors to Know About Crane and Rigging Insurance

Construction Marketing

Rigging insurance, also known as riggers liability insurance, provides cover against property loss or damage when on the hook of cranes. However, standard commercial general liability insurance policies do not cover properties of third parties that were under your control or custody.

Insurance 167
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9 Types of Insurance You Need to Protect Your Contractor Business

Construction Marketing

Between the potential for accidents and injuries on the job site and the risk of lawsuits, it’s important to have insurance to protect yourself from financial losses, but what kind of insurance do you need? General Liability Insurance. Professional Liability Insurance. Pollution Liability Insurance.

Insurance 156
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5 Tips to Finding a Commercial Roofing Contractor

Construction Marketing

You should instead find a commercial roofing contractor. However, finding the right commercial roofing contractor can be a piece of cake when you know what to look for when hiring such professionals. Below is a checklist that should guide you when hiring a commercial roofing expert. Insist on License of Registration. Experience.

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4 Things You Need To Know About Snow Removal Insurance

Construction Marketing

Because of their nature of work, snow removal contractors are usually exposed to many risks, which may include anything from third-party injuries to equipment. When it comes to the liabilities covered in the policy, it usually depends on the insurance provider or brokerage. Usually, more business means more liability risks.

Insurance 186
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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.”. If your business is found to have caused an injury or accident, the other party will seek damages.

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Carpenter’s Insurance: Who Needs It & Why

Levelset

You can practice safety and use common sense on the job, but there’s no way to predict when accidents or injuries might occur. Carpenter’s insurance is a financial instrument that helps protect your business if accidents, injuries, or illnesses occur in a work-related capacity. What is carpenter insurance?

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First-Party vs. Third-Party Insurance: What’s the Difference?

Levelset

Third-party insurance , also known as liability or casualty insurance, protects insured individuals or businesses in situations where they may be liable for damages to another person or business — the third party. The roofer’s general liability insurance covers claims related to injuries related to the customer’s fall.