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What's Covered?? Construction Insurance Risks
Most contractors assume their General Liability insurance will cover everything, but that’s a major blind spot. GL insurance typically covers second-order damages caused by your work, not the work itself.
For example, if a roof you installed leaks, the policy may cover damage caused by the leak to the interior, but it usually will not pay to replace the defective roof itself.
This misunderstanding creates serious risk because both contractors and property owners may think they are fully protected when they’re not.
This video explains the limits of GL insurance and why you need to understand exactly what your policy covers before problems arise.
This is for general information purposes only and not legal advice.
Видео What's Covered?? Construction Insurance Risks канала READY LEGAL
For example, if a roof you installed leaks, the policy may cover damage caused by the leak to the interior, but it usually will not pay to replace the defective roof itself.
This misunderstanding creates serious risk because both contractors and property owners may think they are fully protected when they’re not.
This video explains the limits of GL insurance and why you need to understand exactly what your policy covers before problems arise.
This is for general information purposes only and not legal advice.
Видео What's Covered?? Construction Insurance Risks канала READY LEGAL
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27 ноября 2025 г. 2:06:48
00:01:22
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