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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. Learn more: What Insurance Do General Contractors Need?

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9 Types of Insurance You Need to Protect Your Contractor Business

Construction Marketing

As a contractor, you likely know that your business is always at risk. 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.

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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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5 Safety Precautions For Multi-Level Construction Sites

Construction Marketing

Construction workers face various challenges in the course of their work. As the owner of a construction firm , you’re responsible for enhancing the safety of your workers. It also ensures you’re not spending money on hospital bills, treating injured workers, and legal liabilities. .

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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. Crane and rigging insurance are policies designed to mitigate potential consequences to construction companies that own, operate, rent, set up, or move cranes. Unfortunately, some contractors assume they have enough coverage for their construction jobs.

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6 Dangers Of Falling Debris In Construction Sites

Construction Marketing

Construction is one of the most hazardous industries, with injuries occurring almost every year. When you see or hear about construction accidents, they usually involve heavy equipment like cranes or scaffolding. However, falling debris poses a serious threat to construction workers.

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Contractor Management and Prequalification: Why Are They Necessary?

Safety Services Company

For contractors, these come in the form of a process known as prequalification and contractor management. What is Contractor Management? Contractor management is a series of checks ensuring that the contractors follow up-to-date safety practices and conform to health and regulatory standards.