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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. Builders Risk Insurance.

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Contractor Management and Prequalification: Why Are They Necessary?

Safety Services Company

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.

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Business Interruption Insurance in Construction: What Contractors Need to Know

Levelset

Whether it’s the risk of an unexpected accident or a project running over schedule and costing you money, there are many things that can go wrong. 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 ?

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What Should You Do When There is an Accident at Your Construction Site?

Best Practices Construction Law

You probably saw last month’s report about a major accident at a construction site in downtown Miami, Florida. This is a good reminder of the lessons to learn when investigating or handling an accident on a construction site. These include: Prepare before the accident. Act diligently when an accident occurs.

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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. At the core, you have property coverage for your tools and equipment, along with a liability component that protects your financial assets in case there’s a work-related accident or injury that you may have some responsibility for. .

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What is Equipment Floater Insurance for Contractors?

Levelset

Your base insurance policy may offer some coverage for unexpected damage to some business property, but making assumptions about the extent of coverage could lead to some financial distress. . An equipment floater offers insurance protection for your business property as it moves from location to location. What is an equipment floater?

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Managed Repair Excellence: What Sets Contractor Connection Apart

Contractor Connection

In the world of managed repair and home improvement, finding reliable contractors can be a daunting task. The Contractor Connection Network: A Brief Overview The Contractor Connection Network is a nationwide network of pre-qualified and vetted contractors specializing in various managed repair and home improvement services.