Over the past 26 years we’ve helped over 17,500 contractors secure cost-effective and quality liability insurance.
A building under construction is a common target for theft. According to the National Insurance Crime Bureau (NICB) and National Equipment Register (NER), The financial cost of equipment theft varies from $300 million to $1 billion yearly. Once you include … Read more
An insurance checklist for contractors can help you narrow down your specific insurance needs as a contractor. The best insurance coverage for contractors is essential for a number of reasons. It will help you get more jobs, protect your business … Read more
Innovation is key to scaling any business. As a small business owner, your enthusiasm, managerial skills, and entrepreneurship have probably sustained your roofing business this far. However, it is capturing emerging trends early, and correctly innovating, that will help catapult … Read more
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 … Read more
For contractors, the difference between investing in Builder’s Risk Insurance and Inland Marine coverage might not be relevant. Maybe it is better to have them both. But before you can make this decision, you need to know more about these … Read more
Replacement Cost vs Actual Cash Value Actual cash value and replacement cost are the two main loss settlement options provided by insurance companies. “What is loss settlement?” you might ask. Well, loss settlement is how your insurance company decides the … Read more
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 … Read more
Do you need Builder’s Risk Insurance for homeowners or Homeowner’s Insurance? 90% of property owners have some form of insurance. But there are key differences between Homeowners Insurance and Builder’s Risk Insurance. In this article, let’s take a look at … Read more
Would you like to be your own boss? Surely you have read this proposal many times, but you still haven’t found the way. The best thing is to analyze what your options are and especially your skills. From there, start … Read more
The short answer is, No. If the only insurance coverage your construction business has is a contractors insurance policy, you are in danger. Your General Contractors general liability coverage is inadequate when it comes to claims relating to asbestos illness. Construction is one of … Read more
In any industry, there are risks involved, especially with construction-based industries. Roofing a dangerous profession that can lead to bodily injury. Roofing contractors face a financial risk with every new client. Unfortunately, lawsuits are a part of the roofing profession. … Read more
Fraud and misrepresentation are not strangers to the insurance industry. Though there are thousands of people working ethically, corruption still exists. Why are the moral complexities of insurance companies important to you, the owner of a general contracting company? The … Read more
