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
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
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
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
If you’re in the construction industry, you’re used to following a specific set of rules. Whether you’re the roofer who knows how to install shingles or the company owner who delegates responsibilities, things are best when a set plan is followed. Unfortunately, a disaster can wreak havoc on your plans, and you might not even see it coming.
For construction owners and workers, disasters from heavy hail and tornadoes to structure fires and earthquakes can seriously interfere with company operations. Fortunately, this disaster preparedness checklist can help ensure your company’s survival. Read more