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Under Michigan insurance requirements, what additional coverage must contractors carry when working on projects over $50,000?

Correct Answer

D) No additional coverage required

Michigan does not require additional insurance coverage based solely on project value over $50,000, though individual contracts may require it.

Answer Options
A
Professional liability insurance
B
Completed operations coverage
C
Increased general liability limits
D
No additional coverage required

Why This Is the Correct Answer

Michigan does not require additional insurance coverage based solely on project value over $50,000, though individual contracts may require it.

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