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Business Interruption Insurance in Construction: What Contractors Need to Know

Levelset

One way to help protect yourself from some of these perils is by having business interruption insurance for construction. This type of insurance can help ensure that you’re able to continue operations if something happens that causes you to lose income. What does business interruption insurance cover ?

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Completed Operations: A Contractor’s Guide to Coverage, Cost, & More

Levelset

If a contractor’s work fails after a project is complete, completed operations insurance can help cover some of the expenses. It is sold as an extension to your general liability insurance policy and may be required by the state you work in or the project owner. What is completed operations insurance? not in progress).

professionals

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Procore blog: Ideas, humor and resources

Construction Marketing Ideas

A limited liability company, to which all parties are members, will have to meet licensing requirements in its own name. This “no dispute” factor means that professional liability policie s are useless , according to Jeff Slivka, Executive Vice President and COO of New Day Underwriting Managers in Hamilton, N.J.

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PSMJ Resources Blog: XL Insurance Enters Collaborative.

PSMJ Resources

XL Insurance Enters Collaborative Agreement With PSMJ Resources, Inc. XL Insurance’s Design Professional group, specializing in professional liability insurance for architects and engineers and a part of the global underwriting operations of XL Group (NYSE: XL), and PSMJ, Resources, Inc., Wednesday, August 3, 2011.

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Construction Law in North Carolina: An archive of excellent ideas

Construction Marketing Ideas

Notably, in two areas (1) professional liability insurance (errors & omissions coverage), and (2) getting legal assistance at the beginning of a project. You should have E&O insurance if you are a working professional. Now, back to construction. You should also have your contracts and proposals reviewed by a lawyer.

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Construction Estimating

Chianelli Estimating

They do not have the burden of carrying costs like workmen’s compensation, general liability insurance, unemployment related costs, vacations or sick days, etc. It is best to have an idea of what an item will cost when proposals are received to guard against over paying or in determining if the proposal cost is too low.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Ideas start flowing and problems are solved. Through our discussions, we shared ideas about what the profile of such an employee might be. Public Exposure and Liability on Construction Sites. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Construction Law.