A Friendly Reminder to Subcontractors: Read the Contract!
Subcontractors should read every provision of a contract, even if it seems non-negotiable.
Understanding Builder’s Risk Insurance Coverages and Exclusions
Builder’s risk insurance can help protect buildings under construction. Contractors should check conditions and exclusions to understand what is and isn’t covered.
The Bricks and Mortar of a Commercial General Liability Policy
A commercial general liability policy provides general liability protection, but it does not cover all potential losses. Contractors should understand what is and what is not covered before certain claims are denied.
Joint Ventures…What Did I Agree To?
While joint ventures can be a good way to pursue a project, consider the risks.
Commercial Auto Insurance in Action: How It Protects a Business
Commercial auto insurance protects contractors from a variety of factors. Review the coverage here.
U.S. Construction Insurance Market: Expect Higher Prices, Increased Scrutiny
As insurance prices rise and securing coverage is more challenging, contractors will need to reset their expectations.
What COVID-19 Taught Construction Companies About Insurance
One lesson learned from COVID-19 is that the construction industry needs to be aware of what is in their insurance programs, and to think critically about those programs instead of renewing reflexively.
Document Everything
Never underestimate the power of the paper trail. Notes and approvals documented in real time can make a difference between ensuring the proper insurance coverage is in place.
