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How to Prepare for Unexpected Risk Exposure

Construction Business Owner

Either by choice or required by contract or statute, commercial general liability (CGL), workers’ compensation, business auto and inland marine insurance (mobile equipment) are among the most common types of insurance purchased by contractors.

Risk 340
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Factors to Know About Crane and Rigging Insurance

Construction Marketing

This collection of multiple coverages essentially protects all crane operations, including tower cranes and mobile cranes. Rigging insurance, also known as riggers liability insurance, provides cover against property loss or damage when on the hook of cranes. Mobile and tower crane operator insurance.

Insurance 168
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9 Types of Insurance You Need to Protect Your Contractor Business

Construction Marketing

General Liability Insurance. This type of coverage will protect your company from various liabilities , including injury claims, and cover medical expenses. General liability also protects businesses if they cause damage to a customer’s property or if any product installations go awry, like faulty plumbing that causes leaking.

Insurance 156
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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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What Is an Installation Floater?

Levelset

” You may already have an insurance policy that offers coverage for business property and general liability. An installation floater is a form of insurance coverage that protects the value of building materials that will become a permanent part of a commercial or residential structure. What is an installation floater?

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What is Equipment Floater Insurance for Contractors?

Levelset

Additional coverage on your mobile business property can be obtained by amending your contractor’s insurance, or that protection could be secured through a standalone policy. A GC’s policy would extend general liability coverage to your subcontractor business. The answer would almost definitely be “no.”.

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Environmental Regulations in Construction: What Contractors Need to Know

Levelset

According to CWA Section 402 , a construction site must have a permit from the National Pollutant Discharge Elimination System (NPDES) if it is: On an acre or more of land A municipal, industrial, or commercial facility that discharges waste or stormwater directly from a point source into a lake, river, or ocean. Under 42 U.S.C.