Construction Insurance & Risk Management for Georgia Contractors

A useful review starts with trade mix, project types, subcontractor usage, states of operation and completed work. Residential construction, commercial projects and design-build responsibilities can create different questions for the same insurance program.

Compare contractual insurance requirements with the issued policies and endorsements. Additional insured status, primary and noncontributory wording, waiver of subrogation and completed operations should be reviewed against the actual agreement. A certificate alone does not settle those questions.

General liability, workers’ compensation, commercial auto and umbrella policies should be evaluated together. Review the named entities, underlying schedules, exclusions, aggregate limits and the requirements for an excess layer to respond.

Deductibles and self-insured retentions also deserve a cash-flow review. A lower premium can shift claim expense, administrative responsibility or funding requirements back to the contractor. Compare those obligations with loss history and financial capacity.

Clear reporting responsibilities help preserve job records, subcontract agreements, photographs and insurance documents. Coordinate injury reporting, carrier notice and evidence preservation with the people responsible for operations.

For a renewal discussion, assemble current policies, recent loss runs, payroll and revenue by operation, a subcontractor summary and representative contracts. Those records help identify where the program matches the business and where a closer review is needed.