Levelset

AUGUST 31, 2022

Whether you’re just starting your business or looking to change insurance carriers, it pays to go with a company that has experience and knowledge in providing insurance for the construction industry. These days you can purchase insurance on your own or go through a local agent. Best construction insurance companies.

Insurance 52

Insurance Liability Compensation Construction 52

Levelset

SEPTEMBER 19, 2022

As you dig deeper into your construction insurance policy, you may come across the terms first-party insurance and third-party insurance. Mastering the difference between these two concepts is crucial to understanding how different types of construction insurance protect you.

Insurance 52

Insurance Liability Compensation Claims 52

Levelset

SEPTEMBER 30, 2022

Insurance is one part of a strategy to keep your carpentry business financially healthy. To minimize any financial damage, a comprehensive carpenter’s insurance plan is a smart bet. . What is carpenter insurance? Does a carpenter need insurance? Insurance serves another purpose.

Insurance 52

Insurance Liability Accidents Injury 52

Levelset

OCTOBER 14, 2022

Plumbing contractors should include business insurance as an integral part of their financial strategy. With numerous policies available, the plumbing contractor’s insurance landscape offers many ways for you to protect your physical and financial business assets. What is plumber’s insurance? Worker injury.

Insurance 52

Insurance Liability Injury Compensation 52

Levelset

MAY 23, 2022

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 ?

Insurance 97

Insurance Contractors Construction Claims 97

NH Construction Law

JULY 26, 2020

“May unintentionally faulty subcontractor work that damages an insured’s work product constitute an ‘accident’ under a commercial general liability insurance policy?” The Michigan Supreme Court disagreed, interpreting “accident” as broader than “fortuity.”

Insurance 40

Insurance Liability Accidents Michigan 40

Levelset

OCTOBER 20, 2022

Scenarios like these stress the need for an electrician to have insurance coverage in place. Thus, a strong insurance plan helps you rest easier both on and off the job. Why can an electrical contractor use insurance? Insurance policies can help your business cover the costs of both minor and major incidents.

Insurance 52

Insurance Liability Electrical Accidents 52

Construction Equipment

JANUARY 12, 2017

The Oklahoman Newspaper recently featured a question & answer article discussing the various types of insurance companies and drone operators will need should they bring drones into their fleet. that call for more coverage.

Insurance 48

Insurance Commercial Liability Risk 48

Construction Marketing

JANUARY 18, 2018

You should instead find a commercial roofing contractor. However, finding the right commercial roofing contractor can be a piece of cake when you know what to look for when hiring such professionals. Below is a checklist that should guide you when hiring a commercial roofing expert. Insurance Cover is Crucial.

Commercial 121

Commercial Contractors Insurance Injury 121

Levelset

OCTOBER 13, 2022

To help your business remain viable, contractor’s insurance should be a crucial part of your financial strategy. Insurance also puts other parties’ minds at ease when they want to hire you as a specialty contractor. A certificate of insurance (COI) is a valid form used to prove that you carry the appropriate insurance policy.

Insurance 52

Insurance Certification Contractors Liability 52

Levelset

SEPTEMBER 16, 2022

Your base insurance policy may offer some coverage for unexpected damage to some business property, but making assumptions about the extent of coverage could lead to some financial distress. . An equipment floater offers insurance protection for your business property as it moves from location to location. What is an equipment floater?

Insurance 52

Insurance Equipment Contractors Risk 52

Levelset

SEPTEMBER 20, 2022

HVAC contractor insurance is the primary way to help protect your financial interest if things go wrong on the job. This contractor’s insurance solution is typically the most cost-effective means to secure coverage and give you peace of mind. What is HVAC contractor insurance? Who needs HVAC insurance?

Insurance 52

Insurance Contractors Liability Accidents 52

Construction Dive

AUGUST 28, 2013

The court also rejected the common insurance company arguments that a CGL policy is not a performance bond and that such a policy only covers tort claims, never contract claims.

Liability 52

Liability Insurance Commercial Claims 52

Construction Dive

SEPTEMBER 24, 2013

2013), holding that the Care, Custody & Control, Performing Operations Exclusion, and Incorrectly Performed Work Exclusion eliminate commercial general liability (CGL) policy coverage for property damage to an insured contractor’s own work and stored building materials during its ongoing operations. 2d 402 (S.D.

Insurance 56

Insurance South Dakota Liability Commercial 56

Green Industry Professionals

MARCH 28, 2019

The insurance program provides coverage on general liability, commercial auto, property, inland marine and crime.

Insurance 40

Insurance Liability Commercial 40

Construction Business Owner

SEPTEMBER 27, 2013

One risk facing the construction industry is liability for defects in a company’s work.

Insurance 153

Insurance Liability Residential Commercial 153

Green Building Law Update

APRIL 4, 2021

The financial value of green buildings is well documented, from commanding higher rents, greater occupancy rates, and increased occupant satisfaction, to lower operating costs for everything from reduced insurance premiums and less energy utilized, easily resulting in an increased return on investment of more than 9% over conventional building.

Green 293

Green Debt Security Commercial 293

Levelset

SEPTEMBER 16, 2022

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).

Insurance 52

Insurance Liability Claims Contractors 52

Levelset

SEPTEMBER 12, 2022

” You may already have an insurance policy that offers coverage for business property and general liability. An installation floater is a form of insurance coverage that protects the value of building materials that will become a permanent part of a commercial or residential structure. But, therein lies the rub. .

Insurance 52

Insurance Liability Risk Materials 52

Construction Dive

MARCH 19, 2014

Thus, “Other Insurance” clauses only can govern the later division of responsibility between those insurers for the cost of defending the insured. They cannot be used against an insured to deny a tender of defense. Read more.'

Insurance 48

Insurance Defense Liability Claims 48

Construction Dive

FEBRUARY 12, 2014

By Bruce Jervis Commercial general liability (CGL) insurance policies have been the source of much controversy in the construction industry. The policies insure against personal injury or property damage caused by an occurrence during the contractor’s performance of the work. ” Read more.

Insurance 56

Insurance Contractors Liability Injury 56

Construction Dive

OCTOBER 2, 2013

2013) and joined a rapidly snowballing national trend by holding that defective construction work can be covered under the standard commercial general liability (CGL) policy as an “occurrence.” 2d , 2013 WL 3481555 (Ga.

Liability 48

Liability Georgia Commercial Insurance 48

NH Construction Law

AUGUST 31, 2023

Subrogation – the right of an insurer, upon paying an injured party’s damages arising out of a negligence claim, to chase the negligent party for reimbursement – is a staple of the law. And the insurer will have no say in the matter. Notice that this clause expressly addresses only property insurance.

Insurance 40

Insurance Liability Claims AIA 40

Construction Dive

MARCH 5, 2014

Court of Appeals has ruled that the commercial general liability (CGL) insurer of a named insured subcontractor had no duty to defend an additional insured general contractor in a project owner’s post-completion breach-of-contract suit for construction defects arising from the subcontractor’s work on a condominium project.

Insurance 52

Insurance Contract Liability Contractors 52

Construction Dive

FEBRUARY 26, 2014

By Scott Turner A state supreme court has held that the self-insured retention (SIR) in a general contractor’s commercial general liability (CGL) policy was satisfied by the settlement contribution of another insurance company. The CGL insurer, General Fidelity Insurance Co.,

Insurance 48

Insurance Liability Commercial Contractors 48

Construction Law

MARCH 1, 2024

News Our regular news round up includes a call from insurance companies for pilot projects to find investment models for green infrastructure; failure of another legal challenge to the Stonehenge project; and a warning that the new Building Safety Regulator is looking for a high profile prosecution to make a point.

Insurance 40

Insurance Claims Safety Legal 40

Construction Dive

SEPTEMBER 18, 2013

By Scott Turner A state Supreme Court recently ruled that property damage to a policyholder’s own work cannot qualify as an “occurrence” under that insured contractor’s commercial general liability (CGL) policy. Read more.'

Insurance 52

Insurance Liability Commercial Contractors 52

Best Practices Construction Law

JULY 29, 2015

There are multiple types of insurance coverage for the various risks on a construction project. However, when there are multiple insurance carriers covering the same risk (i.e., However, when there are multiple insurance carriers covering the same risk (i.e., In a recent case, Cincinnati Insurance Co.

Insurance 48

Insurance Liability Claims Electrical 48

Construction Dive

SEPTEMBER 11, 2013

By Scott TurnerA state Supreme Court recently joined the majority of U.S.

Liability 48

Liability Commercial Insurance Construction 48

Construction Dive

SEPTEMBER 4, 2013

By Scott Turner Late last month, a state Supreme Court issued a decision holding that an insurance company within that state must pay its policyholder’s pre-litigation costs to locate and repair its defective construction work even though the insurance company refused to consent to the repair program. Read more.'

Insurance 52

Insurance Liability Commercial Construction 52

Green Building Law Update

MAY 24, 2020

With all 50 states now in some stage of reopening from coronavirus pandemic closures, many commercial real estate owners are questioning if they can be liable for damages when someone, whether an employee of the business tenant or someone else, claims to have contracted COVID-19 at their building.

Liability 177

Liability Commercial Claims Insurance 177

Construction Cost Estimating

OCTOBER 10, 2018

Quantity Surveyor: The prime intention of the quantity surveyor is to measure the amount of materials required for building work as well as estimate the cost of the materials.

Liability 40

Liability Management Subcontracting Forecasting 40

Construction Dive

APRIL 30, 2014

law), held that a policyholder’s liability from its accidentally “bad” work or product being incorporated as a component into a larger, compound piece of property, thereby damaging or ruining the latter, was covered by the standard commercial general liability (CGL) policy. Main Street Ingredients, LLC ( F.3d

Products 52

Products Liability Insurance Maine 52

Chianelli Estimating

AUGUST 6, 2020

The result is higher costs to complete projects.Other considerations will be the impact it will have on OSHA standards and Insurance Company costs. The above outline mainly illustrates the effects it may have on Commercial Estimating departments for Commercial and Non Residential Contractors. Many are Mom and Pop businesses.

Estimating 60

Estimating Residential Insurance Commercial 60

Construction Lawyer

MAY 30, 2012

The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. Sabo & Zahn LLC is an Illinois Limited Liability Company. Unlimited liability for designers and contractors. Copyright Notice. Disclaimer.

Liability 40

Liability Contractors Design Minnesota 40

Construction Dive

OCTOBER 9, 2013

Read more.'

Liability 52

Liability Commercial Insurance Contractors 52

Green Building Law Update

JULY 24, 2016

There were not similar concerns expressed about commercial loans. However, the extent to which similar concerns apply to multi family commercial mortgages was not previously resolved. And the uncertainty has resulted in modest commercial PACE programs in only 9 states and next to no residential programs actively running.

Finance 120

Finance Lien Residential Commercial 120