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Can Both the Contractor and Property Owner Be Named Insureds on a Builder’s Risk Policy?

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However, it will not be covered for liability claims under a Builder’s Risk policy since that policy is not designed to cover the contractor’s operations, such as poor workmanship or negligence. Instead, a contractor’s operations liability should be covered by a separate Contractor’s General Liability policy.

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Maximise Your Business Growth: 4 Essential Tips to Secure Your Commercial Tailors Insurance

Protect Commercial Insurance

As a tailor, it is crucial to protect your business from potential risks and liabilities. Property insurance can protect these assets from damage or loss due to fire, theft, or other covered perils. General Liability Insurance General liability insurance is essential for any business, including tailors.

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Essential Business Insurance Guide: Safeguarding Your Property From Cyber Threats

Protect Commercial Insurance

In this article, we will explore different types of insurance coverage that can help safeguard your business from property damage, liability claims, cyber threats, and more. There are various types of liability insurance, including general liability, product liability, and professional liability.

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Protect Your Business: 5 Essential Insurance Policies You Might Be Overlooking

Protect Commercial Insurance

As a business owner, it’s crucial to protect your business from potential risks and liabilities. While you may have the basic insurance policies in place, such as property and general liability insurance, there are several other essential insurance policies that you might be overlooking.

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Builder’s Risk Insurance in Alabama: A Broker’s Guide 

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This includes damages that arise from: Fires Theft Vandalism Weather events We are also proud to offer coverages beyond property damage for buildings, temporary structures, and building materials. Our program also offers your clients general liability insurance, which can help cover legal costs that can occur on work sites. 

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Builder’s Risk Insurance in Tennessee: A Broker’s Guide 

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Job sites that are under construction are prone to things like fire, theft, and vandalism. Theft : Covers the cost of replacing covered items that were stolen from the job site. Equipment : Covers damages to or theft of equipment used on the job site. An increase in construction also means an increase in financial risk.

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Builder’s Risk Insurance in Michigan: Online Quotes, Coverages, and Costs 

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Under-construction buildings can be prone to fire, vandalism, and theft, which can end up costing their backers and owners millions. Property and Liability products are distributed through a national network of agents and brokers. However, alongside all of this construction comes large financial risks.

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