Find out all about Builder’s Risk Insurance. What is it? Who needs it? How much does it cost? And, what to watch out for.
But, where?
For example, here are 3 interesting things about Builder’s Risk Insurance:
In fact you can find out more on the Contractors Liability blog. So, read our articles.
The purpose of Contractor General Liability Insurance is to mitigate your financial risk. However, Coronavirus has highlighted risks that you may not have taken into account. The pandemic is unprecedented, bringing with it a realization of how vulnerable our businesses …
Construction company insurance is a term that applies to the various types of insurance that protect contractors in the course of your work. Not all policies offer coverage for all risks. In fact, different policies focus on specific risks. It …
A Builder’s Risk Insurance Policy is an excellent way to protect your investment in your construction project. Let’s talk about the key characteristics of a policy: What is it for? Who can get it? What coverage does it give you? …
Course of Construction Insurance means you can protect your profits from unexpected damages. You can secure the financial success of your project, whether it is a big commercial development or a residential project. It is the cheapest way to …
Course of Construction Insurance is property replacement coverage. You can purchase it for certain types of building projects. You’ll also it as Builder’s Risk Insurance. Its purpose is to protect your company from unexpected damages that can erode your profits …
Building insurance reduces financial liabilities associated with construction site risks. One key risk is the loss of building materials through theft. Replacement of stolen materials can take between 25% to 30% of the total project expenditure. This is a high …
The most sought-after policy offered by construction insurance companies is Builder’s Risk Insurance. That is because some risks continue to plague the construction industry and increase instances of loss. According to Associated General Contractors of America, 80% of construction professionals …
If your equipment is stored at the place you do business you will need to obtain property coverage that lists your more expensive equipment. Property Insurance Coverage for construction equipment is readily available. This will protect you from any losses …
What does BEST Builder’s Risk construction insurance advice mean? It means that this article comes from the insurance experts at Contractors Liability. We specialize in insurance for contractor businesses. This is article 2 of our 5 part series. In this …
There are many types of Construction Insurance policies to choose from. One of the most popular remains one of the most misunderstood. Contractors usually shop for Builder’s Risk Insurance based on the price and not coverage. This can lead to …
A building under construction is a common target for theft. The financial cost of equipment theft varies from $300 million to $1 billion yearly. Once you include losses resulting from the theft of lumber, tools and building supplies, the costs …
An insurance checklist for contractors can help you narrow down your specific insurance needs as a contractor. The best insurance coverage for contractors is essential for a number of reasons. It will help you get more jobs, protect your business …