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Large construction projects usually involve multiple parties, including the general contractor, subcontractors, project owners, and developers. It’s common for these parties to carry their own insurance protection against property damage or injury claims. The subcontractors usually pass their insurance costs to the general contractor. Even so, there may still be coverage gaps resulting in some parties not having enough insurance to mitigate all risks. As a general contractor, you may find a contractor-controlled insurance program (CCIP) more effective in covering all the liability arising from your project. Here’s a look at how CCIP works.
Click on the below to read more!
https://modabinsurance.com/blog/a-contractors-guide-to-ccip-insurance/