Find Everything you need to know about Liability Insurance. Read the Contractors Liability blog for top tips and good advice.
What is Product Liability Product liability simply means an area of law that is concerned with the injury derived from the use of a product. If you use a product and it turns out to be detrimental to your health, …
Legal Fees And Their Effect On Your Insurance Policy Limits. Every business owner knows that the Country is in the grip of liability lawsuits mania. The number of lawsuits against small businesses has skyrocketed in the last ten years. No …
So you have decided to go out on your own and start your own roofing business. Congratulations!!! There are a few simple techniques below that will help you save money and honestly quite possibly be the difference between running a …
In the few paragraphs below these changes will be explained. So Keep Reading to avoid any penalties and fines!!!! The Legislature has created a new licensing category of construction contractors called licensed plumbing contractors. Starting July 1, 2021 only contractors …
Studies show that nearly 50% of small businesses are the target of civil lawsuits! Liability claims can happen to your contractor business. Every business faces potential risks and threats that could cause serious financial losses or even closure due to …
Whatever the size or nature of your business, it’s essential that you get protection against property damage claims and liability claims. A single large claim or lawsuit can wipe out a small landscaping business. Recent studies show that there are …
As a general contractor taking pictures of your construction project may not be a priority. That is, until you come face to face with property damage claims. However, construction sites are a playground for disaster, from storm damage to theft …
Contractors are increasingly turning to Builder’s Risk policies to protect their investment. A five-year period ending 2018 saw builders file claims totaling $8.8bn. This number will increase further in the coming years due to labor dynamics and more frequent natural …
Contractors Insurance can be a tricky purchase. It is important to know what you are purchasing. There are different tiers of policies. A business doing $100,000,000 in revenue would buy a different policy than a handy man working alone doing …
Contractors Liability: What is a risk retention group? The Liability Risk Retention Act (LRRA) is a federal law that was passed by Congress in 1986 to help U.S. businesses, professionals, and municipalities obtain contractors liability insurance, which had become either …
Life, to some people, is a risk. If this is true, then it should not be that surprising to learn that different occupations and professions, including that of electrical contractors, are filled with risks. Failure to effectively guard against these …
There is nothing better than working with a reliable company on any home improvement projects such as roofing. However, it could be tough sometimes finding such companies if you have no idea of how. Here are six essential things you …