Posts Tagged ‘contractors insurance’
Contractors Have Professional Liability Risks
According to the International Risk Management Institute contractors, project owners, and project professionals have increased risk of professional liability claims. Yet, less than half of all contractors in need of the coverage are buying it. Insurance can play an important role in “on time and on budget” projects. If your Contractors Insurance coverage is not…Read More
What Does Builder’s Risk Insurance Cover?
Builder’s Risk Insurance generally covers the owner, the lending institution, the contractor(s) performing the work, and other related parties. In addition to providing coverage for damage to the building itself, most plans also cover temporary constructs (like scaffolding), materials, and equipment being used (whether it’s currently on-site or off-site). The majority of policies are written…Read More
California Contractors Insurance
Contractors Need The Right Kind of Insurance Construction projects depend on the special talent and skills of contractors. Contractors are part of our thriving economy. For many artisan contractors, the most cost effective and efficient way to obtain property and liability coverage is with a Business owners Policy (BOP) especially tailored to their needs. Although…Read More