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First-Party vs. Third-Party Insurance: What’s the Difference?

Levelset

Third-party insurance , also known as liability or casualty insurance, protects insured individuals or businesses in situations where they may be liable for damages to another person or business — the third party. The roofer’s general liability insurance covers claims related to injuries related to the customer’s fall.

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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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#128:  Waivers of Subrogation

NH Construction Law

’” Security Fence Co. The contractor’s liability insurance may theoretically cover the same loss, giving the Owner a choice between claiming under its own property insurance policy or claiming under the contractor’s liability insurance policy. Association , 101 N.H. 190, 192 (1957) (quotation omitted).

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Collaborative Construction Solution

Job Order Contracting

A fee-based contract can also present a conflict of interest if one or more “consultants” are involved. The excessive use of consultants has also proven to be an issue and has been noted in publicly available independent audits. Or, request the white paper. Contact Us. .;

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Construction Business Owner Blogs

Construction Business Owner

Committing Intentional Project Communications » Public Exposure and Liability on Construction Sites. This week, I’m pleased to welcome David DeVita, a safety expert with 20 years of experience, from Carolina Safety Consultants. Public Exposure and Liability on Construction Sites. General Management. Software & Technology.

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Construction Business Owner Blogs

Construction Business Owner

Silos: Great for Grain, Not so Great for Business » Choosing a Cloud Host: Data Security. One key issue to consider is data security. Onsite Hosting and Security. However, is your data really more secure at your business? Business Consulting And Accounting. General Management. Software & Technology.

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Construction Business Owner Blogs

Construction Business Owner

This phase consists of consultation with Customers, Sales, Client Services, Quality Control, Programming and Management. This may involve continued consultations with those people previously interviewed. Public Exposure and Liability on Construction Sites. General Management. Software & Technology. Accounting & Finance.