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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

Business insurance can help mitigate occurrences or disasters that can severely impact or destroy the good standing of your business. Let’s take a look a subcontractor insurance: when it’s needed, what happens if a sub goes uninsured, and what policies subs can use to protect their businesses from risk.

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#85:  Who Decides Arbitrability?

NH Construction Law

A clear and unmistakable delegation clause is enforceable even where a party sues on a claim that is obviously not within the scope of what was agreed to be arbitrable; the opposing party can still invoke the delegation clause to insist that the arbitrator, not the court, decide its arbitrability. .” 150 Realty, LLC , 172 N.H.

Claims 40
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New Maryland Real Estate Laws from the 2020 Legislative Session

Green Building Law Update

Historic Discrimination. The title is free and clear of any and all right, title, or interest of the ground lease holder, any lien of a creditor of the ground lease holder, and any person making claims in relation to the ground lease holder. House Bill 1077 (Ch. Senate Bill 806/House Bill 1182 (Chs. Senate Bill 175/House Bill 108 (Chs.

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Professional Liability Insurance Explained

Levelset

Professional liability insurance provides contractors coverage from financial losses that happen as a result of their errors, mistakes, or negligence. In that case, professional liability insurance would generally provide the plumber with reimbursement for legal fees, settlements, and judgments.

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What Are the Legal Safeguards for Getting Back to Work?

Pro Builder

“We’re seeing companies going to their vendors and subs seeking to amend or add language to contracts to include certifications that they will be complying with relevant public health guidance and to clarify who is responsible for what and also, to the extent possible, to try to get indemnification in case there is a claim,” says Jessica T.

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Errors and Omissions (E&O) Insurance Explained for Construction?

Levelset

Errors and omissions (E&O) insurance covers contractors against financial loss resulting from mistakes, errors, or claims of negligence. While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss.

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#67:  Paying Your Subcontractor's Employees

NH Construction Law

An insurance certificate showing that the sub has workers comp coverage should always be a prerequisite to allowing the sub to proceed. If a sub won’t share its current financials, chances are they aren’t pretty.