Business interruption or business loss insurance protects a business against loss of income resulting from a named peril. Typically, the loss of income must result from the business facility being closed due to a physical disaster, or during the process of rebuilding in response to the physical damage. Here’s some more information on this topic. Read More
Large construction projects usually involve multiple parties, including the general contractor, subcontractors, project owners, and developers. It’s common for these parties to carry their own insurance protection against property damage or injury claims. The subcontractors usually pass their insurance costs to the general contractor. Even so, there may still be coverage gaps resulting in some Read More