Although the injuries from the current housing 'correction' and 'bubble' in other areas are not as severe as those inflicted in 2008 there will be pain and some suffering. https://fortune.com/2022/10/21...At most risk are more recent home owners, specifically first time homebuyer's that took advantage of lower lending rates, but at increased asset valuations, many with limited down payments and even more limited disposable income and reserve liquid assets.

The GC has great general liability insurance that includes 1million for personal & adv injury, so in a way he is right.  

Other coverage or options to consider:1. other structures if you have a detached garage2. personal Injury protection.  

If a water heater falls, it can cause serious injury or death, and can also cause lots of damage to the property, so the lender wants to minimize their risk.

@Cristin RakestrawAs for what you need, at a minimum, get General Liability and Property coverageGeneral Liability – This covers you against claims of Bodily Injuryand Property Damage.Bodily Injury – This is the most common coverage everyone is concerned about and rightfully so.

He recently messaged us and stated "I talked to a friend of mine that runs a general contracting company and he said I should ask you guys if you would be ok to sign a notarized waiver of responsibility for any injuries that occur on the jobsite.

or am I better off leaving it and writing it into my lease that i wont be held accountable for any injuries?

This is what pays for the program, however, if you're like me and most other veterans and picked up some injuries during your service and have a service-connection rating from the VA, this funding fee is waived every time you use the VA loan.  

Thus, the owner owes an affirmative duty to inspect the premises and is required to discover and eliminate dangerous conditions, to maintain the premises in safe condition, and to avoid creating conditions that would render the premises unsafe.Owners of a premises are generally not liable for injuries caused by a defect if they have no actual or constructive notice and no reasonable opportunity to discover the defect . . .

What happens in the case of unforeseen damage or worker injury?