Don’t put yourself at risk of litigation created by your construction operations.
There are two primary categories for handling insurance risk: traditional programs and wrap-up programs. Traditional programs are the annual corporate insurance policy. The responsibility of insurance is mainly with the general contractor and subcontractors. Wrap-up programs have two different types – the owner controlled insurance program and the contractor controlled insurance program. The responsibility of insurance is with a single policy/\buyer. This video covers the pros and cons of each of these categories.
Runtime: 27 minutes
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