From acts of subcontractors, to acts of nature, construction projects face a panoply of risks. Fortunately, insurance covers many of these risks. Unfortunately, construction contracts often omit critical insurance terms or contain outdated insurance terms, causing the parties to pay for insurance that does not cover their construction risks. As uncertain as the future of a project can be, understanding your construction contract and your insurance coverage and recognizing pitfalls can prevent or mitigate future losses. Join us, and learn how to structure your coverage before breaking ground.
For more information, please contact Morgan Geary.