Levelset

SEPTEMBER 14, 2022

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.

Insurance 98

Insurance Liability Claims Injury 98

Levelset

SEPTEMBER 7, 2022

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.

Liability 52

Liability Insurance Injury Contract 52

Levelset

SEPTEMBER 2, 2022

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.

Insurance 52

Insurance Liability Claims Injury 52

NH Construction Law

JANUARY 12, 2020

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

Claims Contract Agreement New York 40

Pro Builder

JULY 27, 2020

“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.

Legal 59

Legal OSHA Employment Liability 59

NH Construction Law

MAY 28, 2018

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.

Subcontracting 40

Subcontracting New Hampshire Lien Insurance 40

Building Information Management

APRIL 24, 2016

Taxes, insurance, fringe benefits, and vacation allowances are to be included in the Contractor’s coefficient. The Contractor shall procure and keep in force insurance with companies acceptable to the Owner conforming to a defined schedule. Typically JOC coefficients range from 0.80 Over 5,000,000.

Contract 40

Contract Contractors Materials Site 40