#protection

Articles tagged with protection

Featured image for Builder Insurance Premiums Double as Lawsuits Rise

Builder Insurance Premiums Double as Lawsuits Rise

Rising lawsuits and regulatory scrutiny are transforming builder insurance, leading to doubled premiums and narrower coverage options. Builders now encounter rigorous documentation requirements, thorough site inspections, and expanded policy exclusions. Proactive measures, such as precise recordkeeping, subcontractor vetting, and policy reviews, enable effective adaptation. This guide outlines essential steps to navigate the evolving landscape, mitigate costs, and safeguard business operations in 2025.

4 min read
Featured image for Protect Your Building Deposit Before Insolvency Hits

Protect Your Building Deposit Before Insolvency Hits

With builder bankruptcies on the rise, homeowners risk losing deposits before construction even begins. Learn how to safeguard your investment through escrow accounts, insurance-backed protection, staged payments, and thorough builder vetting. Smart preparation today ensures your dream home stays financially secure, even if your builder’s finances falter tomorrow.

5 min read
Featured image for Blockchain Makes Lien Waivers Actually Work Now

Blockchain Makes Lien Waivers Actually Work Now

Twelve states lead the charge in using blockchain for lien waivers, shifting from cumbersome paperwork to secure, immutable digital records. This approach accelerates verification processes, minimizes disputes, and fosters greater trust among project stakeholders. As implementation expands, blockchain promises to overhaul payment management, documentation, and accountability in construction projects.

4 min read