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Is Your Insurance Program Synched with Your Contract Specs?
The typical construction agreement requires specific types and amounts of insurance coverage. Your subcontract will designate the types of insurance required (i.e., general liability, workers’...
View Article“Other Insurance” Clauses and Risk of Owner “Holdback”
In our last post, we discussed "risk shifting" provisions and "additional insured" clauses. Now we'll move on to "other insurance" clauses and risk of owner "holdback". “Other Insurance” Clause When a...
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Don’t Get Hit by the Action-Over “Hammer” Clause
There are already too many inherent risks in a contractor’s work for one to suffer the further indignity of being “hammered” by exclusions in your insurance coverage. In the hardened insurance market...
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