Construction Insurance Education and Training

Learn more about what type of construction business insurance you need for your next job

All contractors, both in the private and public sector, should have a solid understanding of different types of construction business insurance available for construction projects. Besides knowing how to gather and interpret construction insurance rates, a company should also consider the level of risk the project involves, and any special types of liability insurance that might be needed.

Construction insurance companies, lawyers and other risk management professionals can provide businesses with construction insurance education and training. You can find these training opportunities through:

1. Courses that outline the regulations and requirements for construction liability insurance.

2. Seminars that teach you how to keep the construction insurance cost low.

3. Additional online resources for construction businesses to learn about insurance.

 

Take classes to learn more about insurance for construction business

Quick training courses are available for industry professionals who use or sell construction insurance. For builders, a good understanding of construction insurance is essential. Contractors must comply with state requirements that mandate which types of coverage are right for different kinds of construction projects. Most classes also provide an overview of risk management.
Try: Training-Classes.com provides a course on the basic principles of construction insurance. This course gives an overview of the types of insurance available, plus teaches about the risks and regulations that apply to different projects. The Jardine Lloyd Thompson Group provides industry professionals with a course in risk management and construction insurance.

Attend seminars to learn more about insurance for construction companies

To learn about types of construction insurance and how they apply to different building projects, attend a seminar or workshop. These events may be hosted by insurance professionals or construction lawyers. Many workshops are held throughout the year to keep the construction industry updated as regulations and laws change.
Try: The Seminar Group provides a two-day seminar that covers many topics in insurance for the construction industry, including builder's risk, emerging issues and legal judgments. FindaSeminar.com lists a seminar on construction insurance coverage from Lorman Education Services that focuses on what to do when filing a claim.

Explore additional online resources for construction risk insurance

If you want to check on a specific topic in construction insurance without consulting a lawyer or risk management professional, you may find some basic information from an online resource. These resources are often created by professionals with a background in law, construction or risk management.
Try: In addition to its seminar, Lorman Education Services sells its bound manual and reference guide, "Everything a Construction Player Should Know About Insurance." R&R Insurance Services provides educational resources for construction companies looking for the right insurance, including a construction boot camp for basic insurance information. Custom Home Online provides a comprehensive guide to construction insurance for building and remodeling firms.

 

• Because there are different types of contractor liability insurance for different projects, it is a good idea to have a risk management professional or consultant help you choose the right insurance type for your business.

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