Document Insurance Lien 
Viewpoint Construction Technology
MAY 15, 2018
Insurance and bonding requirements. Lien requirements. Building codes , insurance requirements and bonding requirements can vary by location, though. Disseminating compliance information and collecting data via paper often leads to delays, lost information and outdated documents. Building codes. Safety regulations.
Levelset
MARCH 31, 2022
In turn, the owner is relying on the insurance company to pay their claim. After all, the faster the insurance company pays the owner, the quicker you can get paid ! Dig deeper: What contractors need to know about the insurance claims process. You don’t work for the insurance company or the adjuster, and they don’t work for you.
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Levelset
APRIL 15, 2022
Taking a closer look at the terms of a typical contract will provide you with important information about insurance, safety, dispute resolution, and more. Digging deeper into company processes for payment, change orders, lien waivers, and more will give you a sense of what to expect while working with them. . Forms & documents.
Best Practices Construction Law
FEBRUARY 25, 2014
Well, in a recent construction dispute in Maryland, “the Man” was the owner’s insurance company. The contract required Gaylor to purchase and maintain an Owner Controlled Insurance Program (“OCIP”). The Contractor did not notify the insurance carrier of the dispute prior to settlement.
Levelset
OCTOBER 19, 2022
Contractors need to pay close attention to detail in their project documentation and draw requests. Improper project documentation or budgeting. Failing to protect lien rights. Though the rules vary by state, the lender on a construction project generally retains lien priority if the property owner defaults on the loan.
Levelset
SEPTEMBER 23, 2022
Luckily, that’s what insurance is for, right? Does a general contractor’s insurance cover their subcontractors’ accidents or mistakes? While there isn’t a cut-and-dry answer to these questions, we’ll take a deeper look into insurance coverage and what happens in these situations. Who is covered by an insurance policy?
Levelset
APRIL 8, 2022
On projects like this, property owners typically count on an insurance claim to pay for the work – they may not have cash on hand to pay you out of pocket. Understanding a homeowner’s insurance policy – and what it covers – can be helpful when deciding to take on a project. Understanding homeowner insurance policies.
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