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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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YOUR PERSONAL LIABILITY FOR WORKPLACE SAFETY

Safety Services Company

Safety must be the foundation of every activity in your organization, because not only is it the keystone of productivity and profitability, but a responsibility for which you are expressly liable. Keep in mind that many liability lawsuits have arisen from negligence occurring after training; formal initial training is not enough.

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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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A Plumbing Contractor’s Guide to Insurance Coverage

Levelset

In this respect, general liability insurance or workers’ compensation could help cover those costs if an incident should occur. . Workers’ compensation insurance should be in place to help defray the costs of employee medical treatments. Liability for damage. A GL policy offers a wide range of protection.

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Difference Between Tort and Contract | What Is Tort |  What Is Contract | What Is Contract Law | What Is Tort Law

CivilJungle

A tort , in common law jurisdiction, could be a tort (other than a breach of contract) that causes an applicant to suffer loss or hurt, leading to legal liability for the one that commits the act. A minor is often created chargeable for their torts, however, they’re restricted in liability once it involves a contract. Negligence.

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Does GC Insurance Cover Subcontractors?

Levelset

If a sub accidentally drops a steel beam on the project manager’s new sports car, that subcontractor’s liability insurance policy would likely cover the damage. General liability, builder’s risk, and subcontractor default insurance are among the most common, and wrap insurance is growing in popularity.

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A position is vacant for Assistant Staff Project Manager - Construction Materials Testing

Construction Cost Estimating

The candidate has to take liabilities for testing of soils, foundations, reinforced and post-tensioned concrete, masonry, structural steel, fire proofing and asphalt pavement. Functionalities: • Analysis of soils, foundations, reinforced and post-tensioned concrete, masonry, structural steel, fireproofing and asphalt pavement.