Subcontractor Default Insurance

Subcontractor default insurance is a type of insurance available to large general contractors.  This type of insurance is designed to protect the general contractor from a catastrophic default by an enrolled subcontractor (or a default causing significant damages to the general contractor).  Subcontractor default insurance is an alternative to requiring the subcontractor to obtain a performance bond.

Please check at this article for more information on subcontractor default insurance.

 

Please contact David Adelstein at dadelstein@gmail.com or (954) 361-4720 if you have questions or would like more information regarding this article. You can follow David Adelstein on Twitter @DavidAdelstein1.

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