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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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Factors to Know About Crane and Rigging Insurance

Construction Marketing

For those installing properties using rigging equipment, the complexities of these job sites are even worse. Fortunately, crane and rigging insurance provide protection and compensation. Rigging insurance, also known as riggers liability insurance, provides cover against property loss or damage when on the hook of cranes.

Insurance 168
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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?

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

Levelset

Two of the most common insurance policies that contractors have are builder’s risk and general liability, which serve very different purposes. Builder’s Risk Insurance General Liability Insurance Coverage Covers a building under construction—and often tools, equipment, and materials related to the project.

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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 188
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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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15 Tips For Starting Your Own Roof and Guttering Business

Construction Marketing

There are all sorts of equipment and materials needed to start a roofing and guttering business. Roofing equipment and materials. Insurance, liability, and workers’ compensation . 3) Equipment and materials. Roofing and guttering equipment and materials need to be acquired before you can start your business.

Insurance 295