A bond isn't insurance. It guarantees you'll complete the contract, and if you don't, the surety pays and then seeks repayment from you. Public work and most larger private contracts [...]
Often not. Most general liability forms exclude your own faulty workmanship, covering resulting damage to other property instead. Rework is generally a business cost, not an insured loss. Understanding that [...]
Practically, yes. If a sub is uninsured, their claim usually lands on your policy and your loss history. Collecting certificates before work starts and requiring additional insured status is the [...]
General liability covers injury and damage you cause to others. Builder's risk covers the structure you're building and the materials on site if they burn, are stolen or are damaged. [...]
New York Labor Law sections 240 and 241 impose near-absolute liability on owners and contractors for gravity-related worker injuries. Defenses that work elsewhere often don't apply here, so claim severity [...]
Complete a free online application, compare quotes, and choose a policy. Our licensed agents can help you find the right insurance products for your business needs. [...]
Continuous coverage protects against fire, theft, injuries, and lawsuits, and may be required to bid on projects or obtain licenses. It also keeps your premiums lower over time. [...]
Yes, if you use vehicles for business purposes, commercial auto insurance is necessary to cover accidents, theft, and damage.
It depends on the contract terms. The contractor, building owner, or property developer could be responsible. Ensure you're listed as an additional insured if you’re not the one buying [...]
Yes, depending on your location and the type of work you do, you may need specific licenses and permits. A surety bond is also often required as part of [...]
