Insurance

Types of Business Insurance a Small Construction Company Needs

by Rakesh Gupta | Mar 1, 2021
Insurance | Risk Management | Safety

Business insurance covers everything from injuries, and liability lawsuits to stolen tools and automobile accidents. There are five types of insurance most small construction companies need.

Insurance Certificates: The Tip of the Iceberg

When it comes to general liability policy exclusions, it is imperative that contractors understand what their policy actually covers before they make a claim.

How General Contractors Can Protect Themselves From Subcontractors’ Faulty Workmanship

Strategies to deal with the risks of faulty workmanship include taking proactive measures, actively managing incidents and safeguarding against financial impacts through risk transfer.

The Insurance Market: What Contractors Can Expect in 2021

by Jeffrey Cavignac | Jan 5, 2021
Insurance | Risk Management | Safety | Surety Bonding

Due to increasing losses and poor investment returns, insurance rates for most lines are increasing, capacity is declining and underwriters are being selective on which accounts they will even consider.

Address ‘Your Work’ Exposure Within CPrL Policies With Faulty Workmanship Coverage

Faulty workmanship coverage may address “your work” exposure in contractors professional liability policies and protect against claims by project owners—but exclusions and strict conditions apply.

How Contractors Can Manage Runaway Insurance Costs

by Thomas A. Grandmaison | Dec 10, 2020
Insurance | Risk | Risk Management

Using data, tech and selecting best-in-class partners, contractors can keep insurance costs down and focus on excelling in their core business.

Be a Good Neighbor: How Contractors Can Protect Themselves From Third-Party Claims

Developers can protect themselves from claims for third-party damage through license agreements, intensive construction site monitoring and appropriate insurance products. These prevent costly and debilitating delays, and help maintain positive relationships with neighbors.

Natural Disasters’ Impact on Construction in the United States

by Crystal T. Dang, Robert S. Peckar | Nov 17, 2020
Insurance | Risk | Risk Management

As the frequency and severity of natural disasters increases, contractors should implement guidelines that anticipate disasters, review the impact of a disaster as it is happening, and develop a mitigation plan to limit losses.

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Types of Business Insurance a Small Construction Company Needs

Insurance Certificates: The Tip of the Iceberg

How General Contractors Can Protect Themselves From Subcontractors’ Faulty Workmanship

The Insurance Market: What Contractors Can Expect in 2021

Address ‘Your Work’ Exposure Within CPrL Policies With Faulty Workmanship Coverage

How Contractors Can Manage Runaway Insurance Costs

Be a Good Neighbor: How Contractors Can Protect Themselves From Third-Party Claims

Natural Disasters’ Impact on Construction in the United States

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