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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

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.

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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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3 Factors to Consider When Starting the Prequalification Process

Safety Services Company

In this case, becoming prequalified can help your organization stand out. Working with contractor management services can streamline the process, help you set up your accounts, and free up your time so you can focus on what you do best. These can relate to your insurance, financial stability, safety records, etc.

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7 Ways Construction Companies Can Keep Their Workers Safe

Construction Marketing

Statistics show that there are over 400 injuries and over 20 fatalities each year related to construction in Ontario alone. A majority of construction-related injuries occur due to a lack of proper personal protective equipment (PPE), such as helmets and gloves. Providing adequate safety gear. Adhere to industry guidelines.

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Top 5 Mistakes Contractors Make during the Prequalification Process and How to Fix Them

Safety Services Company

Prequalification can ensure contractors are capable, insured, and able to meet all the complex safety and performance requirements. Contractors are required to provide documentation such as: Financial statements Insurance certificates Safety plans Licensing information Training logs And more! Studies show that 3.6% on training.

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7 Ways to Improve Construction Site Safety

Levelset

In 2019, the construction industry accounted for about 20% of all work-related fatalities in the U.S. Because this line of work has a greater chance of injury or death than others, contractors must take great care to make sure work zones are safe and workers are protected. . Safety starts at the top of the organization.

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OSHA reminds employers to post injury and illness summaries

Safety Services Company

OSHA reminds employers to post injury and illness summaries. Employers that are required to record work-related injuries and illnesses and haven’t posted their summary of those records yet could be cited by the Occupational Safety and Health Administration for failing to meet their responsibilities as an employer.

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