In Business: Buying the Right Insurance

Buying the Right Insurance by Sal Alfano You arrive on the site one clear, crisp morning and find that the 80 pieces of CDX delivered the day before are missing. Or one of your employees slips on a ladder, falls, and injures his back. Or a staging plank slips out of the roofer’s hands, bounces off the ground, and flies through a picture window. With luck, no such mishaps have befallen you. Sooner or later, however, they probably will, which is why most builders buy insurance. But what kinds of insurance should you buy, how much, and from whom? There are a number of built-in hurdles to becoming well informed about construction insurance. For one thing, people don’t like to