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Construction Liability Insurance
It’s important for general contractors to consider construction liability insurance to cover themselves against accidents, injuries or personal property damages that may happen on the job. A construction site is prone to accidents, additionally; workers can possibly damage a homeowner's property by mishandling materials and tools. Damages can also occur in the course of remodeling or building, where the existing structure is dismantled and new additions are made. If your company is involved in construction, liability insurance becomes essential.
Another type of construction liability insurance is workers compensation insurance. As the name implies, this liability insurance provides for your employees in case they are injured on the job.
The price of most construction liability insurance policies varies based on the type of work performed on the job site. Insurance agents and underwriters issue policies based on the value of annual contracts, the number of employees, and a project's potential for damages.
When it comes to insurance, be it construction liability insurance or homeowners insurance, the intricacies are difficult to fully understand. The more you learn the more questions you’ll want to ask. Before you buy insurance it is important to educate yourself about coverage, premiums, additional benefits, and potential value-added services.
If you want to receive straightforward, accurate insurance information, come to Berg Insurance. Insurance is mind-boggling, period. However, with our Lunch and Learns, Management Training Seminars and personal one-on-one meetings, we educate our clients and help them feel more knowledgeable and comfortable. Whether you need advice about your existing construction liability insurance or you are a first time general contractor, we are here to help you choose the right coverage for you. Call us now at 800-989-7990. |
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July 16th, CAI-GRIE Billiards Tournament
SEE PHOTOS
July 28-30, CACM Expo
Disneyland Convention Center
Who to look for? - Michael Berg, Kimberly Lilley and Marianne Pick
August 6th, CAI-GRIE Bowling Tournament
4:30 pm - Brunswick Classic Lanes
1800 Hamner Avenue, Norco, CA 92860
Who to look for? - Michael Berg, Kimberly Lilley and Marianne Pick
August 10th, CAI-GRIE Luncheon
11:00 am - Riverside Convention Center
3443 Orange Street, Riverside, CA 92501
Who to look for? Kimberly Lilley and Marianne Pick
August 12th, CAI-OC Luncheon
11:30 am - Irvine Marriott
18000 Von Karman Ave., Irvine, CA 92612
Who to look for? Michael Berg, Kimberly Lilley and Marianne Pick
August 16th, CAI-GLAC Golf Tournament
8:00 am - Braemar Country Club
4001 Reseda Blvd., Tarzana, CA 91357
Who to look for? Michael Berg
August 25th, CAI-GLAC Luncheon
11:30 am - Skirball Center
2701 North Sepulveda Boulevard, LA, CA 90049
Who to look for? - Kimberly Lilley
August 27th, CAI-SD Luncheon
11:00 am - DoubleTree Mission Valley
7450 Hazard Center Drive, San Diego, CA 92108
Who to look for? - Michael Berg and Kimberly Lilley
September 10, CAI-SD Morning Program
8:30 am, Courtyard by Marriott
8651 Spectrum Center Blvd San Diego, California 92123
Who to look for? - Kimberly Lilley
BERG PHOTO GALLERY
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Common Interest Developments
There has been some discussion of revised Fannie Mae guidelines with respect to community associations. This discussion has brought confusion, and I hope to provide some clarity to the issue.
Fannie Mae presented Announcement 08-34 on December 16, 2008 titled “Project Eligibility Review Service and Changes to Condominium and Cooperative Project Policies.” Among the many items included in this Announcement are general policy changes regarding project eligibility requirements, and condominium association project insurance clarifications. More…
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