article thumbnail

4 Things You Need To Know About Snow Removal Insurance

Construction Marketing

When it comes to the liabilities covered in the policy, it usually depends on the insurance provider or brokerage. But snow removal insurance is different from commercial general liability insurance. Usually, more business means more liability risks. Legal Expense Insurance. Worker’s Compensation.

Insurance 193
article thumbnail

Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

“If something goes wrong, liability could hit the GC’s policy, which dilutes liability insurance limits, negatively impacts their claims history, and forces them to deal with a claim that’s not really their fault.”. For example, assume you paint residential structures of all types. General liability insurance.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Selling a House with Solar Panels is Fraught with Peril

Green Building Law Update

That observed, many residential solar panel ‘leases’ contain language similar to, You agree that the solar panel system is the Company’s personal property under the Uniform Commercial Code. But because in many residential transactions, title companies do not search the UCC-1 indexes (. Some of the companies engaged in this business (.

Housing 207
article thumbnail

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. A customer trips on a ladder belonging to a roofer on a residential job site.

article thumbnail

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

Levelset

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. It pays for repairs of damages to the surrounding property, as well as legal expenses incurred during a lawsuit. Completed operations coverage is bundled with a contractor’s general liability policy.

article thumbnail

Selling a House with Solar Panels is Not for the Faint of Heart

Green Building Law Update

But commonly, residential solar panel leases provide language similar to, You agree that the solar panel system is the Company’s personal property under the Uniform Commercial Code. It is common that residential solar panel leases provide language similar to, If you sell your home you can transfer this lease and the monthly payments.

Leases 232
article thumbnail

Selling a House with Solar Panels is Not for the Faint of Heart

Green Building Law Update

But commonly, residential solar panel leases provide language similar to, You agree that the solar panel system is the Company’s personal property under the Uniform Commercial Code. It is common that residential solar panel leases provide language similar to, If you sell your home you can transfer this lease and the monthly payments.

Leases 179