Insurance Legal Lien Management 
Levelset
MARCH 31, 2022
In turn, the owner is relying on the insurance company to pay their claim. After all, the faster the insurance company pays the owner, the quicker you can get paid ! Dig deeper: What contractors need to know about the insurance claims process. You don’t work for the insurance company or the adjuster, and they don’t work for you.
Levelset
APRIL 28, 2022
Subcontractor default insurance is one alternative to a surety bond that works to protect a contractor from the financial burden when one of their subcontractors defaults. Related: 16 types of insurance coverage for contractors. What is subcontractor default insurance? How SubGuard insurance works.
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Levelset
APRIL 15, 2022
When a property owner files an insurance claim to cover a restoration or roofing project, the owner typically deals directly with the insurance company. They may not have the funds available to pay the contractor out of pocket, so they’re counting on that insurance check to cover the construction costs. Setting up an AOB.
Fieldwire
AUGUST 14, 2023
Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. Retainage does not extend the mechanics lien deadline A mechanics lien is perhaps the most powerful tool that contractors have to force payment.
Best Practices Construction Law
FEBRUARY 25, 2014
Well, in a recent construction dispute in Maryland, “the Man” was the owner’s insurance company. The construction manager was a joint venture between Perinit Building Company and Turner Construction Company (the “Contractor”). The Insurance Claim. In Perini/Tompkins Joint Venture v.
Construction Lawyer
MARCH 13, 2012
His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. A Legally Inclined Weblog. >. illinois supplier denied mechanics lien. National City Mortgage v.
Construction Lawyer
APRIL 20, 2009
His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. A Legally Inclined Weblog. >. Idle Equipment not entitled to Lien in Missouri. 3d 489 (Mo.App.
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