White Paper

6 Pages
  • 6 Pages

Basic Principles of Construction Insurance

 

Learn about the basics of construction insurance issues.

There are a myriad of insurance products on the market. However, despite certain insurers’ attempts to create new products, the payment and performance bonds traditionally used in the construction industry have not been supplanted or replaced and remain in common use. This white paper reviews other insurance issues including builder’s risk, workers’ compensation, design liability, and excess coverage.