Independent contractors are generally responsible for their own insurance coverage. Many choose to enroll in a general liability policy even when it is not required. This type of independent contractor liability insurance provides coverage for injuries, property damage and related lawsuits. Read more
How any Contractor can Minimize Insurance Loss
Just like you prep a job site, you must do work to ensure your insurance coverage is right. If you make an ill-informed or hasty decision, you could face insurance losses that cut into your bottom line. Before starting another big project, learn three simple ways to reduce losses on insurance coverage. Read more
Comprehensive Insurance: What Every Contractor Needs to Know
Whether it’s lost property or a fallen worker, contractors know all too well that accidents are unfortunately part of the job. But, that doesn’t mean that a slip and fall has to bankrupt your business. You can easily minimize the financial impact of accidents with comprehensive insurance coverage. Read more
Builders Risk vs. General Liability Insurance?
If you are in the construction business, there are some insurance policies you must carry to protect yourself. Workers’ Compensation Insurance and Commercial Auto and Truck Insurance are two examples. But there’s another lesser-known type of coverage that can be a lifesaver if a building you’re working on and/or your construction materials are damaged during construction: Builders Risk Insurance. You can purchase these policies for varying time frames, and coverage ends when the project is complete. Read more
Tips for Saving on General Contractors Insurance
If you are a construction business owner, odds are high that you spend too much money on your general contractors insurance. While it is true that construction carries a diverse range of risks such as worker injury and theft, there are several ways for business owners to save on their general contractors insurance. Read more