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7 Contractor Tips for Dealing With Insurance Adjusters & Owners

Levelset

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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Does GC Insurance Cover Subcontractors?

Levelset

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?

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How a Construction-to-Permanent Loan Impacts Contractors & Lenders

Levelset

Here are the main benefits and downsides of construction-to-permanent loans and how they can streamline the financing procedure. 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. Learn more.

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A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

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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A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

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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constructionattorneyblog: illinois supplier denied mechanics lien

Construction Lawyer

« TRIAL COURT DECIDES THAT ARCHITECTS CANT BE LIABLE IN IMPLIED WARRANTY OF HABITABILITY | Main. illinois supplier denied mechanics lien. An Illinois appellate court has affirmed the trial court's summary judgment against a lumber company's mechanics lien. March 13, 2012 in litigation , mechanics liens | Permalink.

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constructionattorneyblog: Waivers of liens: fraud

Construction Lawyer

« Housing boom leads to copyright litigation increase | Main. | Waivers of liens: fraud. The Bankruptcy Court for the Northern District of Illinois recently ruled that a contractor who falsified waivers of lien engaged in fraudulent conduct and his debt to the bank was non-dischargeable. mechanics liens. Categories.

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