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Who Pays for Builder’s Risk Insurance in 2022?

Who Pays for Builder’s Risk Insurance?

What Is Builder’s Risk Insurance? Builder’s risk insurance is an insurance policy that covers property and construction materials, including tools and equipment, during the construction phase.  Builder’s risk insurance is also a type of construction insurance, as it covers damage to the …

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How Do Workers’ Compensation Settlements Work in 2022

How Do Workers’ Compensation Settlements Work

What is a Workers’ Compensation Settlement? The US Bureau of Labor Statistics states that 2.8 million workplace injuries and illnesses occurred in the year 2019. Workers’ compensation settlements enable employees to claim benefits during work-related injuries to pay for the lost wages, …

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Subcontractor vs Contractor: The Difference Explained

Contractor who knows the difference between a subcontractor and a contractor.

You may have heard the terms “contractor” and “subcontractor” interchangeably used. Often, these terms simply mean a hired person to complete a job. In the construction industry, however, these terms mean very different things and should not be mixed up …

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