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2. Owner-controlled insurance program - Wikipedia

   en.wikipedia.org/wiki/Owner-controlled_insurance...

   An owner controlled insurance program (OCIP) is an insurance policy held by a property owner during the construction or renovation of a property, which is typically designed to cover virtually all liability and loss arising from the construction project (subject to the usual exclusions).

3. California Contractors State License Board - Wikipedia

   en.wikipedia.org/wiki/California_Contractors...

   LLC liability insurance (if applicable) [7] Bonds may be provided by a surety company which is licensed by the California Department of Insurance and can cost a premium of $250-$2,250 depending on calculated risk for the required $15,000 bond. [ 8 ]

4. Commercial general liability insurance - Wikipedia

   en.wikipedia.org/wiki/Commercial_general...

   Whether or not general liability insurance covers construction defects or "faulty workmanship" is a matter of some debate, as some insurers have viewed poor workmanship as a risk that is covered by a surety bond rather than an insurance policy given that a construction professional may have some influence (through attention to detail, skill, and effort) over whether such a defect occurs.

5. Types of business insurance - AOL

   www.aol.com/finance/types-business-insurance...

   According to Progressive, in 2022, the average general liability policy cost new customers $72 a month ($864 a year). The Hartford estimated that general liability costs $1,057 a year ($88 a month ...

6. Liability insurance - Wikipedia

   en.wikipedia.org/wiki/Liability_insurance

   Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.

7. Builder's risk insurance - Wikipedia

   en.wikipedia.org/wiki/Builder's_risk_insurance

   Builder's risk insurance (Contractor's All Risk insurance – CAR insurance) is a type of property insurance which indemnifies against damage to buildings while they are under construction. [1] Builder's risk insurance is "coverage that protects a person's or organization's insurable interest in materials, fixtures and/or equipment being used ...