What should employers ensure in relation to insurance coverage in a renovation project?

Employers need to ensure that the insurance coverage for a renovation project includes valid coverage for personal injury and property damage because these are critical components of risk management in construction and renovation environments. Having insurance protection against personal injury is essential to address any accidents that may occur to employees, subcontractors, or visitors on the site. Coverage for property damage is equally important, as it safeguards against any damages that may happen to the property being renovated or any third-party properties affected by the work. This comprehensive insurance approach helps mitigate financial liabilities that can arise from unforeseen incidents, thereby protecting both the employer and employees in the long run.

Additionally, the other choices demonstrate insufficient insurance coverage. Covering only equipment damage would leave a significant gap in risk management, failing to protect against potential injuries or damage to other properties. Merely focusing on worker's compensation does not encompass the broader liabilities that could impact the project, and excluding coverage for property issues would expose the employer to significant financial risk. Overall, having robust insurance that covers both personal injury and property damage is vital for a safe and financially secure renovation project.