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9 Types of Insurance You Need to Protect Your Contractor Business

Construction Marketing

Between the potential for accidents and injuries on the job site and the risk of lawsuits, it’s important to have insurance to protect yourself from financial losses, but what kind of insurance do you need? General Liability Insurance. Professional Liability Insurance. Pollution Liability Insurance.

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State Supreme Court: No Contractual Liability Coverage for Bodily Injury Claim by General Partner of Policyholder, But Claim Would Be Covered under Additional Insured Coverage

Construction Dive

By Scott Turner A state supreme court has ruled that a general liability policy’s contractual liability coverage did not cover the bodily injury claim of a general partner of the contractor policyholder because he was not a “third party” as required in the policy for that coverage.

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General Liability vs. Professional Liability: What’s the Difference?

Levelset

When it comes to protecting your contracting business from claims and lawsuits, it can be tough to know what type of insurance you should purchase. Liability insurance protects your business against claims for damages caused by you and your workers, if you have any. General liability insurance.

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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.”. General liability insurance. What happens when a subcontractor is uninsured?

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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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OSHA Testing Can Reduce Employer Liability, Saves Companies Money

Construction Law Monitor

million workers suffer serious injury or illness related to their jobs, according to a white paper published by Occupational Safety and Health Administration of the United States Department of Labor (OSHA).While Reduced Employer Liability. percent in injury claims. Significant Savings.

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6 Dangers Of Falling Debris In Construction Sites

Construction Marketing

Construction is one of the most hazardous industries, with injuries occurring almost every year. Who’s Liable For Falling Debris Injuries? Regardless of the type of injury in the workplace, whether due to falling debris or poor safety practices, someone is always liable. What Are The Common Types Of Falling Debris?

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