Texas Construction Insurance Attorneys Experienced in Securing Policies and Prosecuting Claims
Trusted Royse City lawyers assist general contractors in coverage disputes with carriers
Construction is one of the riskiest industries in Texas, and many construction companies have to deal with claims for coverage of losses resulting from design or engineering defects, delays in startups, unforeseen events and other causes. At Vice & Henley, PLLC in Royse City, our lawyers work to help Dallas-Fort Worth area construction companies protect their interests by obtaining proper insurance policies and surety bonds. We also advise construction and engineering firms on risk management strategies.
Knowledgeable counselors provide guidance on risk and liability insurance
Most private project developers and property owners require contractors to obtain insurance to secure a lease or contract. You construction business may be asked to obtain a policy for:
- Contractors’ general liability — This policy is used to cover the costs of property damage and injuries to visitors at a worksite due to accidents.
- Builders’ all-risk — This type of insurance covers the structure on which construction occurs as well as the building materials used for the project. A claim against the policy may be made if the structure or materials are harmed by fire or other covered causes.
- Contractors’ professional liability — This form of coverage protects contractors from clients’ claims that they suffered financial losses when a mistake or omission amounted to professional negligence.
- Workers’ compensation — Construction companies in the private sector often purchase workers’ compensation insurance to cover medical expenses and partial pay for injured workers. This coverage is mandatory for contractors hired by public employers.
Our attorneys walk contractors through the details and implications of their choices of construction insurance policies. We negotiate policy clauses that are designed to cover our clients’ unique risks.
Seasoned lawyers explain surety bond requirements for construction projects
Upon making a successful bid for a federal, state, municipal or private construction project, you will likely be required to furnish a surety bond. Common types of bonds include:
- Performance bond — This bond guarantees that the contractor will adhere to the terms and conditions of the contract to complete the construction project.
- Payment bond — Also called a labor and material bond, a payment bond guarantees that the contractor will pay for all labor and materials needed to complete the construction project.
- Maintenance bond — This type of bond, also known as a warranty bond, is used to guarantee the quality of workmanship and materials for a specified period of time after a project is completed.
We advise construction companies on their contractual rights and obligations under surety bonds and we pursue dispute resolution processes as needed.
Contact committed Royse City construction attorneys to schedule a free initial consultation
From the Royse City, Texas office of Vice & Henley, PLLC, our lawyers advise and represent construction businesses in Rockwall County and throughout the Dallas-Fort Worth metroplex. To schedule a free initial consultation, call 469-402-0450 or contact us online.