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9 Types of Insurance You Need to Protect Your Contractor Business

Construction Marketing

Between the potential for accidents and injuries on the job site and the risk of lawsuits, it’s important to have insurance to protect yourself from financial losses, but what kind of insurance do you need? Here’s an overview of the most important types of insurance for contractors. General Liability Insurance.

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What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

When working in construction, your insurance policy gets issued as a fairly standard contract. Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. What is an insurance endorsement? How insurance endorsements work.

professionals

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Travelers Insurance Wants to Pay You to Use Procore

Construction Junkie

For years, I’ve been saying that using a cloud-based project management software should be a no-brainer for any construction company. Well, now at least one insurance company believes that, as well. will begin offering their customers a 20% discount of their first year of Procore , the popular construction management software.

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The most important construction KPIs to improve profits and productivity

Lets Build

Your construction KPIs should do more than measure a project’s health—they should show you where profit and productivity are dropping, why they’re dropping, and how to fix the issue. The most important construction KPIs indirectly relate to profit by looking at things like labour productivity, worker safety, and quality control.

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The most important construction KPIs to improve profits and productivity

Lets Build

Your construction KPIs should do more than measure a project’s health—they should show you where profit and productivity are dropping, why they’re dropping, and how to fix the issue. The most important construction KPIs indirectly relate to profit by looking at things like labour productivity, worker safety, and quality control.

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The Role of Construction Software Technology in Mitigating Risk

Viewpoint Construction Technology

It can range from planning and estimates to time-line issues; poor organisation of manpower and processes; inefficient project management tools (such as field management software ); lack of contingency plans for bottlenecks and project disruption; and perhaps most worrying, the use of undocumented or unsanctioned methodologies between teams.

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Essential Construction KPIs to Improve Profits and Productivity

Autodesk Construction Cloud

Other critical measurements need to be taken into account to track constructions progress and productivity–the primary factors that are going to get teams that wanted success. Below, let’s discuss the importance of construction KPIs and critical metrics your company should be measuring to affect profits and productivity. Key Takeaways.