NYC Posts New Insurance Requirements for Tower Cranes

April 22, 2011 – The New York City Department of Buildings has published a new rule, effective June 13, which will increase insurance requirements for specific types of construction and demolition operations, including projects involving a tower crane.

 

Proof that these new project-specific insurance requirements are being met will be required when pulling the permit.

 

The rule includes wording on tower cranes, stating if you have a tower crane for your project then you must have a project-specific GL insurance of $80 million, regardless of the permit or scope of work.