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CONSTRUCTION

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					KRAUTER & COMPANY
                                              industries served
                                                                           CONSTRUCTION

   UNDERSTANDING KRAUTER & COMPANY’S CONSTRUCTION PRACTICE
   In these economically challenging times, contractors are face more and more challenges.
   Worrying whether you are covered for your business’s risk should not be one of those
   challenges. From construction defect to pollution liability, Krauter & Company is well versed
   in deploying customized solutions for protecting your exposures.

   Whether you are an artisan contractor, general contractor, or buying an owner controlled
   insurance program, your exposures will still be the same. It is important that you have a
   partner that can help identify those exposures that put you at risk and work toward
   transferring that risk to protect your financial stability.

   Programs design typically includes:
                 Construction Defect
                 Builder’s Risk
                 Environmental/Pollution
                 Business Interruption
                 Inland Marine
                 Project Delay
                 Worker’s Compensation
                 Third-Party Liability

   WHY KRAUTER CONSTRUCTION?

   Many contractors overlook their exposure from using sub contractors. Certificates of
   insurance should be reviewed from all sub contractors to assure that they have an “A” rated
   carrier and that your firm has been named as an additional insured for liability claims
   including completed operations coverage. Many subcontractor policies will eliminate
   completed operations and that will leave you covering the damages.

   Contractors on large deductible programs often overlook the exposure of having more than
   one deductible at risk. If an employee is injured on the job at the fault of a general
   contractor, after the worker’s compensation is paid that employee may seek additional
   damages from the general contractor. If you have named that general contractor as an
   additional insured on your policy and the lawsuit tendered, not only will you be at risk for
   the workers’ compensation deductible, but also a deductible on the general liability. A clash
   endorsement will limit you to only having to pay one deductible to the same carrier.

   Effective safety and health programs are important for any contractor. In today’s
   competitive environment, contractors are being asked to not only show their safety
   programs but also disclose their experience modifiers, incident rates and OSHA citations. An
KRAUTER & COMPANY
                                             industries served
   effective safety program will work to reduce workplace exposure and to protect your
   employees while on the job. An OSHA 10 training course for your employees will not only
   bring you into compliance in many states but also give you a leading edge on contracts.
   Krauter & Company’s team of dedicated construction specialists work with you to design a
   program specific to your needs and assist you from bid process through the policy statute of
   limitations.

   MORE INFORMATION? CONTACT US.

   For more information about Krauter & Company’s Construction capabilities or professionals,
   send your request to: info@krautergroup.com.

				
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posted:5/6/2010
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