Remove Accidents Remove Compensation Remove Legal Remove Subcontracting
article thumbnail

A Plumbing Contractor’s Guide to Insurance Coverage

Levelset

Plumbing contractor’s insurance may help your business stay afloat if accidents or injuries occur on the job. Whether you are at fault or not in an accident, attorneys’ fees can take a big chunk out of your revenue. Each field of subcontracting work has its own area of focus in insurance matters. Liability for damage.

article thumbnail

Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

If your business is found to have caused an injury or accident, the other party will seek damages. Medical expenses, property damage, and legal defense costs can grow quickly. An uninsured business would likely not have the financial resources to pay a large legal settlement. Workers compensation insurance.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From Zero to Hero: Construction Risk Management

Safety Services Company

From financial difficulties to fatal accidents, construction risk management is integral in order to secure a company’s survival and eventual growth. Legal Risks. These legal binding documents detail how long the project would last and how much contractors would be paid. Most construction projects begin with signing a contract.

Risk 62
article thumbnail

From Zero to Hero: Construction Risk Management

Safety Services Company

From financial difficulties to fatal accidents, risk management is integral in order to secure a company’s survival and eventual growth. . Legal Risks. These legal binding documents detail how long the project would last and how much contractors would be paid. Ever-present risks can delay or completely derail investments.

Risk 62
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

The credit for the employer can be as much as: $2,400 for each new adult hire; $1,200 for each new summer youth hire; $4,800 for a veteran entitled to compensation for a service-connected disability; $9,000 for each new long-term family assistance recipient hired over a two-year period. for worker compensation rates.

Income 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

FOREIGN TRADE ZONES (FTZs): Secured areas legally outside of U.S. QUALIFIED DEFENSE AND SPACE CONTRACTOR TAX REFUND (QDSC): Florida defense, homeland security and space business contractors are given a competitive edge in consolidating contracts or subcontracts, acquiring new contracts or converting contracts to commercial production.

Income 75