OWIS

Companies in the construction business are constantly exposed to some potentially risky work – work that can sometimes be life-threatening as well. In order to cover damages caused by bodily injury, property damage, or lawsuits, construction contractors opt for general liability insurance. The protection can be invaluable in helping small contractors in the construction business survive an otherwise expensive setback. Here are 3 types of claims typically covered by general liability insurance for construction business - 

  • Bodily Injury Claims

Construction companies are responsible for the safety and health of their workers at sites. Employees and nonemployees injured at worksites can file a suit and demand compensation for medical treatment expenses. General liability insurance coverage for construction can offer you peace of mind in this case as the insurance carrier pays for the compensation and medical costs associated with the claims.

  • Property Damage Claims

Parties can file an action against your company claiming that you negligently or intentionally damaged their property. In an event like this, general liability insurance coverage can turn out to be a life-saver, and prevent you from the financial loss caused by these lawsuits. 

  • Faulty Workmanship Claims

Some General Liability policies consist of Contractors Errors and Omissions Insurance, commonly known as Professional Liability coverage. Businesses need this coverage to address claims made by parties over negligent work. 

General Liability Insurance offers contractors the peace of mind that their business will have the necessary funds to continue daily operations – even when they are faced with a costly claim. Contact One West Insurance for the best possible insurance options in California at the best possible price!

InsuranceIncreaseThe Department of Transportation on Sept. 16 confirmed that the fed regulation proposal to increase the amount of liability insurance carriers must have will be published next month. The same report said the rule to require the use of speed limiters on heavy trucks and its Safety Fitness Determination rule are expected to be published as proposed rules in early 2015.

A federal regulation upping the amount of liability insurance carriers must have is still slated to be published as a proposed rule next month, according to a report issued Sept. 16 by the Department of Transportation. The report also says the department’s rule to require the use of speed limiters on heavy trucks and its Safety Fitness Determination rule are now projected to be published as proposed rules in early 2015, according to the report.

TruckDriverShortage

GRAND FORKS, N.D. - As Thomas Bartley jostled the gear shift inside the cabin of the tractor-trailer, Davis Hamilton advised him to use a little more finesse.

Bartley was taking a one-on-one class from Hamilton, a trucking driving instructor at Northland Community and Technical College in East Grand Forks, Minn. The two spent part of Tuesday morning driving in circles of an empty part of Northland’s parking lot.