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Types of Coverage Available
Construction developer insurance typically includes several types of coverage:
- General Liability Insurance: Protects against claims of bodily injury or property damage caused by your business operations.
- Workers' Compensation: Covers medical expenses and lost wages for employees injured on the job.
- Builder’s Risk Insurance: Provides coverage for buildings under construction, including materials and equipment.
- Professional Liability Insurance: Also known as Errors and Omissions Insurance, this covers claims related to professional mistakes or negligence.