To complete a construction project, you need, among other things, large machinery, contractors, and workers. This complex working environment creates possibilities for third-party damages, bodily injuries, as well as potential litigation. While the adoption of advanced technology and machinery can reduce some of the inherent risks, it can also increase the chances of other risks. Read More
Builder’s risk insurance covers commercial and residential structures while they are being constructed, renovated, or remodeled. In the event of a covered accident, a builder’s risk insurance policy can cover materials, fixtures, and equipment being used in construction or renovation. Here’s everything you need to know about this type of insurance policy. Who Buys Builder’s Read More