Are Contractor Insurance and General Liability Insurance different? The short answer is yes. Contractor Insurance refers to a bundle of policies that are specifically relevant to contractors and ...
Project owners and general contractors are now increasingly using COIs as gatekeeping tools rather than as formal ...
Business insurance can help protect 1099 contract workers from liability and other risks. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...
There’s no denying that construction work is full of risks. One brick out of place and everything you’ve worked on can come tumbling down. That’s why it’s a good idea to consider construction ...
A subcontractor hired by a general contractor (GC) for a construction project has a certain scope of work, usually spelled out in a contract between the two. Included may be safety responsibilities to ...
Claims inflation, wildfire risk, and litigation pressures are forcing developers to rethink how they build and who they ...
Liability insurance protects you and your subcontractors if you're sued. Unless your contract with the client mandates liability insurance, subcontractors aren't legally required to carry liability ...
Construction business leaders know how quickly market conditions can shift. Tariffs, labor shortages, and inflationary pressures are changing the cost of doing business, while technology and legal ...
In a recent trial court decision, a Montana federal court reminds us how fragile insurance coverage can be for construction-related insurance claims. Specifically, this case illustrates how seemingly ...