Construction Marketing

OCTOBER 19, 2021

Having snow removal insurance is important, considering the risks and dangers of snow removal and deicing. This article will show you the things you need to know about snow removal insurance. . What Is Snow Removal Insurance? Snow removal insurance can offer a wide variety of policies to protect contractors and their businesses.

Insurance 187

Insurance Legal Compensation Injury 187

Construction Marketing

JANUARY 24, 2022

If you, as an employer, have 1099 employees on your staff from time to time, you may be wondering whether you are required to provide health insurance to them. The phrase “1099 employee” generally describes people that act as independent contractors or are “self-employed.” Independent Contractors (Self-Employed) vs. Employees.

Insurance 156

Insurance Plans Contractors Employment 156

Construction Business Owner

NOVEMBER 7, 2023

The consequence of this upward trend in construction costs is a significant challenge for general contractors and real estate developers. These cost escalations can directly correlate to higher insurance premiums, reduced risk appetite from insurance carriers, and a lack of policy extensions for project policies.

Risk 354

Risk Insurance Construction Security 354

Construction Business Owner

APRIL 30, 2013

For some construction management firms, subcontractor default insurance policies offer a viable alternative to performance bonds. These policies are designed for the “at risk” construction manager (CM), general building contractor and design-build firm with an annual subcontract volume of $75 million or more.

Insurance 185

Insurance Subcontracting Procurement Risk 185

Construction Business Owner

SEPTEMBER 20, 2021

Either by choice or required by contract or statute, commercial general liability (CGL), workers’ compensation, business auto and inland marine insurance (mobile equipment) are among the most common types of insurance purchased by contractors.

Risk 356

Risk Liability Insurance Compensation 356

Construction Marketing

JANUARY 13, 2022

Fortunately, crane and rigging insurance provide protection and compensation. However, understanding these insurance policies is key to maximizing your benefits. What is crane and rigging insurance? Other common crane and rigging insurance types include: Boom truck operator insurance.

Insurance 168

Insurance Liability Compensation Accidents 168

Construction Marketing

JANUARY 19, 2022

However, unless you’re an expert in the HVAC industry, you need a contractor to handle your heating and air conditioning needs. So, if you want to choose the perfect HVAC contractor, below are the four tips to consider from the get-go: 1. They might have worked with an HVAC contractor before and were happy about their services.

Contractors 240

Contractors Insurance Certification Deals 240

Construction Business Owner

SEPTEMBER 18, 2018

Because many homeowners’ policies cover only up to $2,500 for damages to business property, home-based contractors should not rely on their homeowners’ coverage to protect their business. Find out how to protect your home-based business here. .

Insurance 166

Insurance Contractors 166

Job Order Contracting

MARCH 1, 2022

Contractors must evaluate multiple factors in addition to the associated use of their own capabilities and resources. General / Prime Contractor Overhead. General / Prime Contractor Profit and risk. General insurances. Workmen’s compensations insurance. State unemployment insurance. Site cleanup.

Insurance 264

Insurance Compensation Overhead Security 264

Construction Business Owner

FEBRUARY 26, 2014

Workers’ compensation insurance pays for occupational injury and illness; that’s why you buy the insurance. What many contractors fail to grasp, however, is that some significant indirect costs are not covered by insurance. Oftentimes, it is an employer’s single most expensive line of coverage.

Compensation 260

Compensation Insurance Management Injury 260

HardHatChat

MARCH 13, 2013

Being a national commercial construction general contractor can be an immensely rewarding profession. After all, who better to maintain the property than the general commercial construction contractor who actually built it? Luckily, our services were not needed.

Commercial 207

Commercial Insurance Retail Chicago 207

Construction Business Owner

OCTOBER 14, 2015

General contractors, subcontractors and business owners risk substantial financial loss if they enter into contracts that are not supported by their insurance program.

Insurance 120

Insurance Liability Risk Contract 120

Contractor Connection

OCTOBER 11, 2023

In today’s ever-evolving insurance landscape, the importance of swift and efficient claim resolution cannot be overstated. Let’s embark on a thorough exploration of how Contractor Connection partners with the insurance industry, delivering a holistic, efficient, and dependable claim journey.

Insurance 105

Insurance Contractors Industrial Claims 105

Viewpoint Construction Technology

AUGUST 8, 2012

To help make the process quicker and easier, this article will outline six steps that will make you more confident when purchasing this special type of risk mitigation insurance. Whether you're new to the construction industry or have been working in it for decades, you've probably realized that getting a surety bond can be confusing.

Insurance 236

Insurance Contractors Risk Industrial 236

Construction Dive

DECEMBER 18, 2023

The ruling, passed down from the state’s supreme court, could affect which issues contractors choose to litigate with insurers across the country.

Insurance 136

Insurance Liability Illinois Contractors 136

Construction Business Owner

APRIL 26, 2016

The work that contractors perform carries with it inherent risks that, if unaccounted for, have the potential to result in significant financial and physical harm to both the contractor and the party for whom the contractor is working.

Insurance 120

Insurance Risk Contractors 120

Levelset

MARCH 31, 2022

As a contractor, you rely on the property owner to pay you for your work and materials. In turn, the owner is relying on the insurance company to pay their claim. After all, the faster the insurance company pays the owner, the quicker you can get paid ! As a restoration contractor, you work for the property owner.

Insurance 93

Insurance Deals Contractors Claims 93

Construction Dive

OCTOBER 16, 2024

Participants in a Travelers survey ranked cyber threats as their top concern for the fourth time in six years.

Insurance 147

Insurance Travel Contractors 147

Levelset

MAY 23, 2022

As a contractor, you may have realized that taking care of every detail will not be enough as there are always going to be risks associated with your work. One way to help protect yourself from some of these perils is by having business interruption insurance for construction. What does business interruption insurance cover ?

Insurance 97

Insurance Contractors Construction Claims 97

Construction Marketing

SEPTEMBER 25, 2018

Filing a roof replacement insurance claim may be your only chance of taking care of the necessary repairs and renovations, especially after a huge storm, water damage, or other calamities and catastrophes. This having been said, here are 5 tips for filing a roof replacement insurance claim. Contact the Insurance Policy.

Insurance 120

Insurance Claims Inspections Minnesota 120

Construction Marketing

OCTOBER 28, 2018

The key to a successful project is hiring the right contractor. Whether your construction is a simple house upgrade or a commercial remodeling, a wrong contractor can frustrate your efforts and waste a lot of time, money and energy. This is why it is critical to choose the right professional contractor for your project.

Contractors 158

Contractors Insurance Commercial Bidding 158

Construction Law

MARCH 1, 2021

Insurance has never felt cheap to companies in the construction sector, although many or most of them never took the sort of risk management measures highlighted in our regular insurance articles, so to a large extent often had only themselves to blame if they were paying higher premiums than they need have. Premiums soared.

Insurance 97

Insurance Risk Industrial Plans 97

Lets Build

MARCH 21, 2019

This principle holds weight in many different aspects of life, especially those that involve substantial risk – hiring a general contractor included. Though it’s relatively cheaper, going for an uninsured contractor isn’t a good idea. While it’s true that life is a gamble, you should never risk what you can’t afford to lose.

Insurance 97

Insurance Contractors Risk IDEA 97

Levelset

SEPTEMBER 14, 2022

Business insurance can help mitigate occurrences or disasters that can severely impact or destroy the good standing of your business. Let’s take a look a subcontractor insurance: when it’s needed, what happens if a sub goes uninsured, and what policies subs can use to protect their businesses from risk.

Insurance 98

Insurance Liability Claims Injury 98

Construction Marketing

FEBRUARY 11, 2021

Insurance, liability, and workers’ compensation . Other costs: Insurance, taxes, advertising, vehicle maintenance, dumpster fees, and petrol. Roofing isn’t a one-person job; you’ll need, at least, two roofing contractors to work on a single site. 13) Business insurance. Roofing equipment and materials.

Insurance 295

Insurance Liability Legal Compensation 295

Construction Marketing

JANUARY 18, 2018

You should instead find a commercial roofing contractor. Though there are many contractors out there, some of them are not reliable because they don’t have the experience that’s needed to handle such projects. Before you hire any contractor, you should do some background check to find out whether they are registered by the government.

Commercial 121

Commercial Contractors Insurance Injury 121

Construction Business Owner

OCTOBER 20, 2014

Owners, contractors and designers must understand their potential liability for design issues on a project before the project starts. This affects the management of the project, insurance, bonds and, ultimately, profit on a project.'

Liability 207

Liability Legal Design Insurance 207

Construction Dive

JULY 14, 2020

The court decided on the definition of "accident" as it pertained to the offending subcontractor's insurance coverage because the policy itself offered no definition.

Michigan 158

Michigan Accidents Insurance Contractors 158

Construction Marketing

JULY 11, 2022

If you want to be a contractor, being licensed and bonded will have a major impact on your ability to work in the city and state where you live and work. Many state and local governments require that contractors who perform work above a threshold amount obtain licenses. What Are Surety Bonds? Bond Types.

Contractors 156

Contractors Legal Bidding Contract 156

Construction Dive

OCTOBER 3, 2024

Contractors can recruit this group of workers with benefits like tuition reimbursement, mental health counseling and even pet insurance, according to an industry executive.

Insurance 158

Insurance Contractors Industrial 158

Construction Business Owner

OCTOBER 26, 2017

In today’s construction environment, contractors are increasingly required to engage in alternative delivery methods, such as design/build and public-private partnerships, in order to stay competitive, innovative and client-serving.

Insurance 136

Insurance Innovation Environment Contractors 136

Levelset

MARCH 21, 2022

Restoration contractors can spend a lot of time waiting for payment. Even though the insurance company isn’t your customer, the property owner may be depending on that insurance check to pay for your work. Contractors need to ensure that owners know that they are financially responsible for mitigation and restoration costs.

Cash Flow 98

Cash Flow Insurance Lien Management 98

Construction Marketing

JULY 30, 2019

Plumbing contractors are the professionals that are trained to assemble, install and repair water pipes. While hiring a plumbing contractor can help in salvaging your home from a water crisis, it can also worsen a situation. Here is a list of tips that can guide you in hiring a reputable plumbing contractor to work on your property.

Contractors 120

Contractors Insurance Compensation Liability 120

Construction Dive

DECEMBER 11, 2023

Projects built with wood pose increased risk and it is becoming increasingly important in today’s insurance market that contractors understand the landscape.

Insurance 91

Insurance Risk Contractors 91

Safety Services Company

OCTOBER 16, 2023

For contractors, these come in the form of a process known as prequalification and contractor management. What is Contractor Management? Contractor management is a series of checks ensuring that the contractors follow up-to-date safety practices and conform to health and regulatory standards.

Management 123

Management Contractors Safety OSHA 123

Construction Business Owner

DECEMBER 4, 2023

The consequence of this upward trend in costs is a significant challenge for general contractors (GCs) and real estate developers for many reasons. What many might not know, is that these cost escalations can correlate directly to higher insurance premiums and reduce risk appetite from insurance carriers making it harder to get coverage.

Insurance 156

Insurance Risk Security Contractors 156

ENR Construction

MARCH 13, 2025

Artificial Intelligence can help contractors develop better subcontractor relationships and streamline certificate of insurance processes.

Insurance 63

Insurance Certification Management Contractors 63