GTHW
Surety Bonds & Construction Insurance

Practice Areas

Surety Bonds & Construction Insurance

Professional Guidance Concerning Insurance And Bonds For Construction Projects

Our attorneys assist owner-developers in selecting the appropriate products for their respective needs.

Our firm has been involved in construction law since 1919, and it has the knowledge and experience to advise and represent clients in all matters related to surety bonds and construction insurance.

Issues Regarding Surety Bonds

Our attorneys regularly review surety bonds written by surety companies and other third parties. We identify issues that may require negotiation or adjustment in order to minimize the risks to our client. We also evaluate the reputation and rating of the surety company issuing the bond.

Whether the project is public or private, our lawyers have the knowledge and experience to evaluate and negotiate bond documents.

Construction Insurance, Bid Bonds And Property Insurance Issues

Construction insurance often is overlooked but has the potential to save a project from – or expose it to - disaster. It can protect the site, the public and the insured parties in the event of calamities such as a building collapse, shoring accidents, worker injuries and design defects. We help clients identify and select the correct insurance products for their needs. We advise regarding appropriate levels and types of insurance coverage, and we work to verify that all necessary parties are named and covered by such policies. Some of the products we help evaluate include:

  • Builder's risk insurance
  • Liability insurance, including commercial, general, excess and umbrella, automobile, employer's liability and statutory workers' compensation
  • Owner Controlled Insurance Programs (OCIP)
  • Owner's Professional Program Insurance (OPPI)

We work closely with our clients' brokers and insurance consultants to determine the most appropriate and cost-effective insurance products for the particular project under consideration.

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Contact Our New York City Construction Lawyers

To speak with a lawyer about our legal services, call us or contact us online.

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Connect with our New York construction law team now.

212-688-1900