• Insurance Coverage of Construction Claims -- You Already Have More Than You Think
  • October 17, 2004 | Author: Robert C. Epstein
  • Law Firm: Greenberg Traurig, LLP - Florham Park Office
  • Construction claims, whether for defective work, delays or non-payment, are always complex and often expose contractors and owners to massive liabilities. Construction claims also can be extraordinarily expensive to pursue or defend. Statistics suggest that legal and expert costs represent one-third to one-half of the defendants' total financial exposure in complex commercial lawsuits such as construction disputes.