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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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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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Top 2023 Security Trends For Construction Site Security

Construction Marketing

In addition to allowing for remote operation, cloud-based surveillance has open API integrations that allow you to integrate video analytics software. Video analytics software automates video feed monitoring so that you don’t need to monitor your surveillance feed to spot a potential incident manually.

Security 278
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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.

Risk 130
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What is Experience Modification Rate (EMR), and How Does it Impact Prequalification?

Safety Services Company

Insurance companies use the number to assess the cost of injuries and future risks. Your company has filed one or more workers’ compensation claims. When this happens, your insurer raises your insurance premium to mitigate risk. you will pay about 20% more for insurance. If that number spikes, the reason is simple.

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Suing But Not Because it was Not a Green Building

Green Building Law Update

But, the claims that have resulted in much of the recent litigation involving green building projects are different from those in other construction disputes. As with the vast majority of claims involving a green building that this law firm reviews (.

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Construction Business Owner Blogs

Construction Business Owner

SOFTWARE |. INSURANCE |. Software & Technology. Fewer accidents also mean lower insurance premiums, which mean lower labor costs. Companies who have more claims than average will have a higher than average rate, for example, 1.6. Is There No Free Lunch or Construction Software? accounting software.