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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 356
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General Liability vs. Professional Liability: What’s the Difference?

Levelset

Liability insurance protects your business against claims for damages caused by you and your workers, if you have any. The two most common liability insurance policies for contractors are general liability and professional liability. What are general liability and professional liability insurance?

professionals

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Factors to Know About Crane and Rigging Insurance

Construction Marketing

Construction sites are full of activity due to moving parts and heavy machinery. Fortunately, crane and rigging insurance provide protection and compensation. Crane and rigging insurance are policies designed to mitigate potential consequences to construction companies that own, operate, rent, set up, or move cranes.

Insurance 167
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Builder’s Risk vs. General Liability for Contractors: What’s the Difference?

Levelset

Construction businesses need many different types of insurance to mitigate the risks associated with building projects. Two of the most common insurance policies that contractors have are builder’s risk and general liability, which serve very different purposes. What is general liability insurance?

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2020 Guide to Construction Cost Estimating

Job Order Contracting

2020 Guide to Construction Cost Estimating provides a road map for applying best management practices necessary to drive financial visibility and transparency. Locally researched detailed line item unit price construction data provided the highest level of verifiable and transparent information. Introduction. Material costs are either.

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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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10 Best Insurance Companies for Construction Businesses

Levelset

Whether you’re just starting your business or looking to change insurance carriers, it pays to go with a company that has experience and knowledge in providing insurance for the construction industry. We’ve put together a list of the 10 best construction insurance companies. Best construction insurance companies. The Hartford.