Construction Project Downstream Insurance Coverage
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Learn to identify the downstream coverage you need on a construction project and how to obtain it.Managing and spreading risk is of upmost importance on large construction projects. One of the ways to do this is by requiring downstream parties to name you as an additional insured on their insurance policies is not enough. For example, many contractors do not understand how being named as an additional insured specifically works to their benefit in the event of litigation for construction defects. This topic will help you identify the downstream coverage you need on a construction project, how to get it, and also give you some best practices to implement on the front end to help you get downstream coverage, and identify the risks associated with future claims and issues related to additional insurance coverage during litigation.
Patrick Gene Blanton, Slates Harwell, LLP
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