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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.

professionals

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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. Rigging insurance, also known as riggers liability insurance, provides cover against property loss or damage when on the hook of cranes. Items such as telecom equipment, generators, and air conditioning units are very expensive.

Insurance 167
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9 Types of Insurance You Need to Protect Your Contractor Business

Construction Marketing

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. Professional Liability Insurance. Pollution Liability Insurance.

Insurance 156
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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 186
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5 Safety Precautions For Multi-Level Construction Sites

Construction Marketing

It also ensures you’re not spending money on hospital bills, treating injured workers, and legal liabilities. . Examples of equipment used in construction sites include bulldozers, lifting cranes, dump trucks, excavators, forklifts, etc. . They can lead to accidents or injuries. Inspect Your Machines Regularly.

Safety 339
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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. Moreover, workers are injured or killed almost yearly by falling objects or equipment.

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