Source: https://constructionexec.com/, January 4, 2022
By: Janice Greenberg

Construction professionals undoubtedly engage in a call or email conversation at least once a year with their insurance broker to discuss the company’s insurance coverages. Typically, these conversations center around whether to renew the company’s existing policies with its current insurance carriers or purchase policies from new insurance carriers. Sometimes, these conversations also explore whether the company is adequately insured for foreseeable risks. For general contractors and subcontractors, the focus is usually on the coverages typically required under the terms of your contracts, such as general liability, automobile liability and workers’ compensation coverage; indeed, these insurance policies should address any curveballs that might get tossed at the company during the course of a project. Read more.