Managing Construction Risk Through Commercial General Liability Insurance | Practical Law

Managing Construction Risk Through Commercial General Liability Insurance | Practical Law

Commercial general liability (CGL) insurance is often used to manage risk on a construction project. However, CGL policies can contain gaps in coverage or exclusions that may leave a contractor or subcontractor without the anticipated protection. This Practice Note addresses common business risk exclusions in CGL policies and provides guidance on how all project participants can ensure they are properly covered. 

Managing Construction Risk Through Commercial General Liability Insurance

Practical Law Practice Note 8-574-8645 (Approx. 13 pages)

Managing Construction Risk Through Commercial General Liability Insurance

by Adam P. Handfinger, Peckar & Abramson, and Alejandra Evans, with Practical Law Real Estate
MaintainedUSA (National/Federal)
Commercial general liability (CGL) insurance is often used to manage risk on a construction project. However, CGL policies can contain gaps in coverage or exclusions that may leave a contractor or subcontractor without the anticipated protection. This Practice Note addresses common business risk exclusions in CGL policies and provides guidance on how all project participants can ensure they are properly covered.