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Add Contractors Pollution Liability to Your Risk Management Program

You have General Liability insurance to protect your construction firm against third-party bodily injury and property damage claims. Unfortunately, General Liability policies typically exclude coverage for pollution-related hazards potentially leaving you exposed to uninsured claims. Consider the following pollution-related claim scenarios illustrating why Contractor’s Pollution Liability (CPL) insurance is so critical to protecting your business: […]

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Market Outlook: Builder’s Risk Insurance

Builder’s Risk insurance provides temporary property coverage for structures under construction or renovation. In addition to the building, a policy can be designed to cover temporary storage buildings, fencing, scaffolding, on-site and in-transit materials and supplies, equipment, and valuable papers (blueprints, electronic data). Some policies may also cover soft costs, such as additional loan interest,

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A Game-Changer: The Benefits of Document Management Software for Contractors

Construction firms manage many documents, from blueprints to contracts, permits, invoices, and compliance records. Organizing, storing, and easily accessing these documents facilitates smoother operation, timely project delivery, and regulatory compliance. This is where document management software (DMS) comes in, providing you with a centralized digital solution to manage all your documents. Let’s look at some

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Insurance Checkup: It’s the Season for More Construction Projects

With many people enjoying the summer months at the beach, taking a road trip, or going abroad, contractors are busier than ever, tackling more extensive renovations and remodels. Typical renovations include a kitchen overhaul or bathroom upgrade. With clients away for some time, you can complete major renovations without disrupting their daily routine. The fall

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Contractors Are Using AI on the Job

Artificial intelligence (AI) has exploded on the scene and impacts businesses in every industry, including construction. While many are still navigating how AI can help transform their work, some in the construction industry have already begun leveraging the technology to advance productivity and performance, mitigate risk, and improve safety. What Is AI? The International Organization

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