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This article is intended for the DIY (Do It Yourself) home builder; however, it is very useful information for the new home buyer to understand what processes you can monitor even if you are not acting as the general contractor and hiring a general contractor. For the inexperienced DIY home builder, acting as a general contractor is
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Under a Contractor General Liability insurance in California,
the insurer is obligated to pay the legal costs of a business in
a covered liability claim or lawsuit. Covered liability claims
include bodily injury, property damage, personal injury and
advertising injury (damage from slander or false advertising).
The insurance company also covers compensatory and general
damages. Punitive damages aren't covered under Contractor
General Liability insurance policies
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This article provides useful, detailed information about General Contractor Liability Insurance.
Normally, it is difficult for general contractors to work without general insurance. General contractor liability insurance is intended to guard operators and owners of companies from claims that may come from a broad spectrum of sources. These exposures could
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Latest Contractor All Risk Insurance News
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Builder Agent Network Announces Expansion of Insurance Program for Texas Construction Industry
Builder Agent Network, managing general agency for Builders Insurance Group’s Texas products, has announced a new product for the home building and contractor markets. The umbrella/excess liability policy was released earlier this month providing excess liability at premium and coverage options customized for each type of risk.
Mon, 30 Jan 2012 11:23:00 -0800
XL's Environmental Team Unveils Enhanced Real Estate Portfolio Protection
EXTON, Pa., Feb. 3, 2012 /PRNewswire/ -- The insurance segment of XL Group plc (NYSE: XL - News) today unveiled enhanced pollution protection for real estate portfolios. Available through its Insurance segment's ...
Fri, 03 Feb 2012 09:00:00 -0800
Why income protection is behind the times
Insurance: Many definitions within life insurance have been subject to drastic changes as time rolled past. However, Col Fullagar notes income-protection cover definition is one of the most outdated.
Thu, 02 Feb 2012 17:25:57 -0800
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