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Does GC Insurance Cover Subcontractors?
Accidents happen, especially in construction. Between miscommunication, the wrong specifications, carelessness, or events out of anyone’s control, things can go wrong, and the damages can be expensive. General contractors know these risks when they take the role. Luckily, that’s what…
Top 8 Construction Health and Safety Hazards — and Ways to Protect Your Jobsite
In the construction industry, a lot can go wrong with the progress and completion of the structure itself. By the same token, many potential situations pose risk to the health and safety of your employees and others working on the…
Insurance for HVAC Contractors: What It Covers and Why You Need It
Heating, ventilation, and air conditioning (HVAC) contractors must protect their business property while reducing the odds that a job-related accident or injury could financially harm their business. Damaged or stolen tools and equipment can erase a considerable investment, and bearing…
Job Safety Analysis (JSA): What It Is and How to Do It
Safety is a contractor’s number one priority. In order to keep workers safe, contractors must first identify potential hazards, then determine how to control or prevent them. A job safety analysis, also called a JSA, identifies potentially hazardous tasks and…
First-Party vs. Third-Party Insurance: What’s the Difference?
As you dig deeper into your construction insurance policy, you may come across the terms first-party insurance and third-party insurance. Mastering the difference between these two concepts is crucial to understanding how different types of construction insurance protect you. Fortunately,…
Completed Operations: A Contractor’s Guide to Coverage, Cost, & More
Who pays for damages caused by faulty work or materials? If a contractor’s work fails after a project is complete, completed operations insurance can help cover some of the expenses. It is sold as an extension to your general liability…
What is Equipment Floater Insurance for Contractors?
The life of a contractor is a hectic one with most of the time spent on a jobsite — and a lot of places in between. With the amount of money you invest in tools and equipment, it’s crucial to…
Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business
Business insurance can help mitigate occurrences or disasters that can severely impact or destroy the good standing of your business. It’s important to know which policies make the most sense for your business, and how to choose policies that provide…
Can a Property Owner File a Claim Against the Contractor’s Insurance?
The construction trade is full of potential pitfalls. Mistakes and accidents happen, and some of those issues can be extremely expensive. Whether a third party gets hurt around the job site or the contractor causes property damage, someone needs to…