(as of May 26,2023 18:26:11 UTC – Details)
The intersection between construction and insurance is an often overlooked but essential consideration. This important resource is a perfect practice handbook for construction lawyers, written by practitioners with significant expertise in both construction and insurance. It provides overviews of individual construction insurance topic areas in each chapter, selected for their relevance to construction lawyers.
Construction Insurance begins with an introduction to basic insurance and related construction delivery concepts, and also discusses insurance-related contract drafting considerations. Six subsequent chapters discuss each of the basic insurance products typically used for construction, emphasizing their place in the construction context—commercial general liability insurance, builders risk, professional liability insurance, and pollution insurance. A chapter is devoted to the related concepts of construction contract indemnities and additional insured coverage in commercial general liability (CGL) policies, and another covers performance bonds and contractor default insurance. In addition, the book provides valuable information on special insurance considerations, the “closure” insurance model and how these programs work, and the insurance claims “process” during construction. Finally, there is a detailed discussion of insurance coverage for delay-related damages under three types of insurance coverage and by performance bonds. In addition, each chapter provides a list of resources for further reading. If you are involved in the construction field and need a complete resource on construction insurance, this is one book you don’t want to miss.
Publisher: American Bar Association (September 7, 2014)
Paperback: 512 pages
ISBN-10 : 1616328606
ISBN-13 : 978-1616328603
Item Weight: 1.95 lbs
Dimensions: 7.05 x 1.02 x 9.94 inches