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ARTICLE · 03 NOVEMBER 2026

Protecting The Project: Key Insurance Coverage Issues Every Builder Faces

Ward and Smith, P.A
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Two Ward and Smith attorneys provide essential guidance on navigating insurance complexities in the construction industry, covering policy exclusions, subcontractor exceptions, and critical risk mitigation strategies. Learn how to maximize insurance value while avoiding common pitfalls that could leave your construction business financially exposed.

United StatesReal Estate and Construction
Evan M. Musselwhite
Evan M. Musselwhite
Amy Wooten
Amy Wooten

At the recent Construction Conference held by Ward and Smith, two attorneys from the firm provided an overview of insurance in the construction industry.

The presentation featured essential guidance for construction industry professionals related to insurance claims, policy exclusions, professional liability, subcontractor exceptions, and risk mitigation.

The Business of Insurance

Allen Trask, an insurance counseling and recovery attorney, initiated the discussion by stating that, “The insurance industry is not evil, however, it operates as a for-profit business and insurance carriers are not your fiduciaries.”

The obligations of insurance providers are governed by contracts, and their fiduciary duties are to the shareholders of the company. “To optimize this aspect of your business, find a good agent, read the contract carefully and understand the exclusions before you sign,” added Trask.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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