NC Sustainable Energy Association

Community Events

Insurance Provisions in Construction Contracts

Thursday February 28, 2013 | 1:00 AM - 2:15 AM | Online

Why take on unnecessary risk? Learn to understand and draft proper insurance provisions. Register now for this 75-minute audio session where expert speaker, SCOTT P. PENCE, will discuss in detail the most common construction contract insurance provisions€”and why they are so essential to your business. Too often, insurance provisions within construction contracts are misunderstood. Worse, many construction contracts are completely silent on insurance requirements. Don't put your next project or your entire company in peril. Take an in-depth look at the most common insurance provisions you should consider including in every contract. Gain an essential understanding of various forms and endorsements related to policies issued for construction projects. This information-packed session answers key insurance risk questions: When do I ask for a certificate of insurance? To what extent can I rely on the information in a certificate of insurance? What additional insured endorsements should I ask for? What additional insured endorsements will I be able to provide? What's the difference between a "claims made" policy and an "occurrence" based policy? Should I agree to a waiver of subrogation?

http://www.constructionclaimsmonthly.org/53-insurance-provisions-in-construction-contracts.htm

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