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7 Contractor Tips for Dealing With Insurance Adjusters & Owners

Levelset

Here are seven tips to follow when dealing with customers, insurance adjusters, and the appraisal process. If a contractor doesn’t receive payment, they can’t go after the insurance company – but they do have the right to file a mechanics lien on the owner’s property. Avoid insurance negotiations.

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Assignment of Benefits for Contractors: Pros & Cons of Accepting an AOB

Levelset

When a property owner files an insurance claim to cover a restoration or roofing project, the owner typically deals directly with the insurance company. Contractors often wish they could simply deal with the insurance company directly through an assignment of benefits. AOBs and mechanics liens. What is an assignment of benefits?

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Payment of Retainage with “conditions attached” Deemed Non-Payment

Best Practices Construction Law

Given the amount of leftover Halloween candy in our house, you bet that I can make some deals with my kiddos: “If you do this, I will give you some candy” … or … “If you don’t stop doing this … I won’t give you any candy.”

Vermont 54
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Get An Attorney To Read Your Construction Contract – Every Time

Construction Law Monitor

It’s unfortunate, but a lot of companies spend a great deal of time preparing their bid and selling their company to get a project. General contractors and owners will negotiate a contract with you, and they expect push back on certain terms. Should You Sign That Lien Waiver? Related articles. What Flow Down?!?!

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Litigation Topics for Prime / Subcontractor Contracts

Construction Law Monitor

Here both parties need to negotiate terms to better protect when a dispute arises. A good subcontractor will have his attorney review any agreement to make sure that the deal is an even one. Lien Waivers. Contracts between prime/general contractors and their subcontractors make up a vital link in the construction project chain.

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Contracts: What to Look Out for

Help Everybody Everyday

Deal Breakers. Better to Avoid, but Don’t Lose a Good Deal. Should any questions arise during contract negotiations, consult with an attorney knowledgeable in construction law to assure that your rights are protected. Attempts to make you indemnify the entire project or insure the upstream party for its own acts.

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Starting Profitable Construction Company Unique Secrets Revealed

Contractor Bookkeeping

Negotiate a fair deal that allows the bank to get something and you get something, a win-win and you will find more great deals coming your way in the future. Sales tax liens against contractors twenty two times higher than any other business. Spend a good deal of time “putting out the same fires” over and over.