Construction business deals with complex risk management needs daily. Lawsuits from construction defect and accident liability are common, but regardless of what your business is exposed to, you’ll benefit from our team of experts to implement risk management best practices to minimize claims and reduce the overall cost of risk. There is no “one size fits all” contractor insurance, so it’s important to have an insurance solution designed to address your specific needs. And just like so many other industries, risk transfer contractual language would play a significant role in determining the ultimate responsibility of a claim. It’s common for a general contractor to hire subcontractors to handle a scope of work that requires specialized attention, but make sure there is a clear and thorough risk transfer language in place in addition to validating coverage information.
Coverage Consideration
- General Casualty
- General Property
- Product and Completed Operation Liability
- Pollution Liability
- Management Liability
- Contractual Liability
- Bond
- Workers' Compensation
- Inland Marine
- Builder's Risk
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