Expert reviews and guides for construction insurance and software.
In the construction industry, there are many different types of insurance products designed to protect projects, builders, employees, and owners from risk. From builders risk and general liability to OCIPs and commercial auto, navigating the various types of available policies (and knowing which are required) can be a daunting task.
To start, read our complete guide to construction insurance below before diving into our reviews of specific insurance products.
Understanding Construction Insurance There are many different types of insurance designed to protect property owners, developers, and contractors through the various phases of a construction project. In fact, certain types of construction insurance policies are required for many projects. In the sections below, we’ll review the basics of construction insurance, the most common types of ...
Home equity lines of credit (HELOCs) are a great way for homeowners to use the equity they’ve built in their home to fund home construction projects, finance major purchases, or consolidate debt. If you want to borrow money against your home, choosing the right lender is essential. Getting a line of credit from a reputable lender ...
If you frequently use your personal vehicle for business, or your business owns a vehicle, there is a good chance you should have commercial auto insurance. Because personal car insurance will not cover vehicles used for business, people across all industries—from construction to pizza delivery—make use of commercial auto insurance to protect themselves, their vehicles, ...
Understanding Owner Controlled Insurance Programs Owner controlled insurance programs are complex insurance products that can offer great opportunities for cost savings, superior risk management, and streamlined insurance claims processing for property owners and/or construction project managers. However, getting started with an owner controlled insurance program is more involved than setting up standard construction insurance policies. ...
Builders risk insurance (also known as course of construction insurance) covers buildings and other structures while they are under construction. There is a lot to know about builders risk insurance before purchasing a policy. If you aren’t already familiar with how these policies work, this guide will help you understand everything you need to know. ...