What are the legal requirements for insurance in the construction industry?

In the state of Washington, all construction businesses must carry insurance, as outlined by state insurance requirements. This insurance must cover the cost of any bodily injury or property damage that may result from construction activities. General Liability Insurance is the most common form of insurance required for construction firms. This protects against any lawsuits related to the construction work, ranging from accidental injury to damaged property. Professional Liability Insurance may also be necessary, depending on the type of firm and services offered. This is a form of malpractice insurance which protects against claims of professional negligence. Commercial Auto Insurance is also required for any firm who uses vehicles in its work. All drivers must be insured while using a vehicle for business purposes. In addition, employers’ liability insurance is required for any construction firms with employees. This protects employers from any costs resulting from employee-related accidents or illnesses. Finally, many construction firms also opt to carry Builder’s Risk Insurance. This is a form of property insurance that protects against any losses or damages to the construction project or any of its materials. Overall, construction firms in Washington must have a number of different types of insurance to remain compliant with state law. This ensures that businesses and their customers are covered in the event of an accident or injury.

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What are the legal requirements for insurance in the construction industry?

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