Levelset

AUGUST 31, 2022

Whether you’re just starting your business or looking to change insurance carriers, it pays to go with a company that has experience and knowledge in providing insurance for the construction industry. These days you can purchase insurance on your own or go through a local agent. Best construction insurance companies.

Insurance 52

Insurance Liability Compensation Construction 52

Levelset

SEPTEMBER 14, 2022

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.

Insurance 98

Insurance Liability Claims Injury 98

Levelset

MAY 23, 2022

As a contractor, you may have realized that taking care of every detail will not be enough as there are always going to be risks associated with your work. 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 ?

Insurance 97

Insurance Contractors Construction Claims 97

Levelset

OCTOBER 14, 2022

Plumbing contractors should include business insurance as an integral part of their financial strategy. With numerous policies available, the plumbing contractor’s insurance landscape offers many ways for you to protect your physical and financial business assets. What is plumber’s insurance? Worker injury.

Insurance 52

Insurance Liability Injury Compensation 52

Levelset

SEPTEMBER 23, 2022

General contractors know these risks when they take the role. Luckily, that’s what insurance is for, right? But what if the general contractor isn’t at fault, and a subcontractor is to blame? Does a general contractor’s insurance cover their subcontractors’ accidents or mistakes? General liability insurance.

Insurance 52

Insurance Liability Accidents Risk 52

Levelset

SEPTEMBER 30, 2022

Insurance is one part of a strategy to keep your carpentry business financially healthy. To minimize any financial damage, a comprehensive carpenter’s insurance plan is a smart bet. . What is carpenter insurance? Does a carpenter need insurance? Insurance serves another purpose.

Insurance 52

Insurance Liability Accidents Injury 52

Levelset

SEPTEMBER 6, 2022

An insurance policy rarely meets every contractor’s needs out of the box. One of the most common endorsements you’ll likely encounter involves additional insured (AI) parties. In this article, we’ll explain additional insured endorsements, and how they work in construction. What is an additional insured?

Insurance 52

Insurance Liability Construction Contract 52

Levelset

OCTOBER 13, 2022

To help your business remain viable, contractor’s insurance should be a crucial part of your financial strategy. Insurance also puts other parties’ minds at ease when they want to hire you as a specialty contractor. Related: 9 Common Insurance Policies in Construction. Why a certificate of insurance matters.

Insurance 52

Insurance Certification Contractors Liability 52

Levelset

SEPTEMBER 20, 2022

Heating, ventilation, and air conditioning (HVAC) contractors must protect their business property while reducing the odds that a job-related accident or injury could financially harm their business. HVAC contractor insurance is the primary way to help protect your financial interest if things go wrong on the job.

Insurance 52

Insurance Contractors Liability Accidents 52

Levelset

OCTOBER 20, 2022

This type of damage may leave electrical contractors unable to foot the bill. Scenarios like these stress the need for an electrician to have insurance coverage in place. Thus, a strong insurance plan helps you rest easier both on and off the job. Why can an electrical contractor use insurance?

Insurance 52

Insurance Liability Electrical Accidents 52

Construction Marketing

JULY 30, 2019

Plumbing contractors are the professionals that are trained to assemble, install and repair water pipes. While hiring a plumbing contractor can help in salvaging your home from a water crisis, it can also worsen a situation. Here is a list of tips that can guide you in hiring a reputable plumbing contractor to work on your property.

Contractors 120

Contractors Insurance Compensation Liability 120

Job Order Contracting

JULY 19, 2020

liability insurance and allowance for small tools and consumables. Markups include worker compensation and unemployment per state in which work is performed. Liability insurance based upon local contractor rates is also added as a percentage. Material costs are either.

Estimating 155

Estimating Overhead Construction Liability 155

Construction and Infrastructure Law

SEPTEMBER 29, 2020

Contractors performing work in California are required to be licensed by the California State License Board (“CSLB”). Except for sole proprietors, contractors are typically licensed through “qualifiers,” i.e., officers or employees who take a licensing exam and meet other requirements to become licensed on behalf of the contractor’s company.

California 98

California Contractors Compensation Los Angeles 98

Construction and Infrastructure Law

SEPTEMBER 29, 2020

Contractors performing work in California are required to be licensed by the California State License Board (“CSLB”). Except for sole proprietors, contractors are typically licensed through “qualifiers,” i.e., officers or employees who take a licensing exam and meet other requirements to become licensed on behalf of the contractor’s company.

California 52

California Contractors Compensation Los Angeles 52

Contractor Bookkeeping

SEPTEMBER 29, 2017

I know this is not a statement that any contractor wants to hear about their bookkeeping. Worker’s Compensation Provider. General Liability Insurance Provider. You Have Ultimate Control On Who Has Or Receives. Information About Your Contracting Company. Financials statements are based on the information you provided.

Profitability 54

Profitability Contractors Compensation Liability 54

Best Practices Construction Law

JULY 29, 2015

There are multiple types of insurance coverage for the various risks on a construction project. However, when there are multiple insurance carriers covering the same risk (i.e., However, when there are multiple insurance carriers covering the same risk (i.e., In a recent case, Cincinnati Insurance Co.

Insurance 48

Insurance Liability Claims Electrical 48

Construction and Infrastructure Law

FEBRUARY 6, 2018

The new law puts the onus on direct contractors to not only monitor their own payroll practices, but to ensure that their subcontractors and lower tier subcontractors are engaging in proper payroll practices. AB 1701 does not afford individual workers a direct right to sue contractors. Section 2810.3

California 49

California Contractors Liability Employment 49

Construction Lawyer

MAY 30, 2012

He is a partner in the law firm of Sabo & Zahn, concentrating in construction law and representing owners, contractors, architects, developers, engineers and other parties in the construction process. Sabo & Zahn LLC is an Illinois Limited Liability Company. Unlimited liability for designers and contractors. Disclaimer.

Liability 40

Liability Contractors Design Minnesota 40

Autodesk Construction Cloud

FEBRUARY 25, 2022

Evaluating a subcontractor’s health before awarding work has become more important than ever for general contractors. Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Formula: Current Assets / Liabilities . Formula: Total Liabilities / Total Assets .

Safety 94

Safety Debt Liability Equity 94

Levelset

SEPTEMBER 7, 2022

Professional liability insurance provides contractors coverage from financial losses that happen as a result of their errors, mistakes, or negligence. For instance, a plumber who fails to properly lay a pipe could cause water damage that leads to an expensive repair for the general contractor.

Liability 52

Liability Insurance Injury Contract 52

Chianelli Estimating

AUGUST 6, 2020

Unfortunately the contractor with work in progress is most vulnerable. Contractors working with a fixed cost contract is the norm and are married to the terms by which it has been agreed upon from the project outset; before Copvid-19 restrictions. Too many contractors vying for the same job . cost overruns. Less opportunities.

Estimating 60

Estimating Residential Insurance Commercial 60

Chianelli Estimating

JANUARY 30, 2020

Recently Contractors and Owners have found that Outsource Estimating is becoming a practical way to cut overhead. They do not have the burden of carrying costs like workmen’s compensation, general liability insurance, unemployment related costs, vacations or sick days, etc.

Estimating 78

Estimating Construction Bidding Bankruptcy 78

Levelset

AUGUST 5, 2022

Construction insurance can be confusing. Each contractor and party to the project has their own insurance, which may or may not be adequate to protect the work they’re performing. Learn more: What types of insurance do contractors need? Learn more: What types of insurance do contractors need?

Insurance 52

Insurance Liability Claims Construction 52

Construction Law Monitor

APRIL 4, 2011

This blog focuses a great deal on construction law from the perspective of the contractor, supplier or subcontractor. How to Find a Contractor – Choosing the right contractor will save you time & money. • Ask friends and trusted associates who have already hired contractors for recommendations. Hiring a contractor.

Contractors 53

Contractors Residential Insurance Louisiana 53

Contractor Bookkeeping

SEPTEMBER 25, 2013

When You Hire A 1099 Contractor They May. Having a contractor’s license is not proof enough you are a business verses an employee. If you hire a 1099 Contractor (Specialty or Trade Contractor) they just become your employee in the eyes of the tax agencies. When a being a licensed contractor is just not enough!

Contractors 49

Contractors Cash Flow Washington Compensation 49

Contractor Bookkeeping

JUNE 15, 2012

New Contractor's Levels of Stress. You Quit Your Job - And started a construction business only to discover you need a contractor’s license and bond. Insurance - Is critical to your construction company. Talk to an insurance agent that understands construction about your insurance needs. Now that's stressful.

Contractors 48

Contractors Insurance Claims Lien 48

Safety Services Company

OCTOBER 8, 2013

Third–party prequalification is a rapidly-growing business model providing companies with a convenient way to ensure contractors meet safety, fiscal, and other requirements before being hired to work on a jobsite. If a contractor wants to work for an Owner Client, they must ensure they meet all of the needs of the Owner Client.

Contractors 54

Contractors DOT Accounting Statistics 54

Levelset

SEPTEMBER 2, 2022

Errors and omissions (E&O) insurance covers contractors against financial loss resulting from mistakes, errors, or claims of negligence. While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss.

Insurance 52

Insurance Liability Claims Construction 52

Construction Cost Estimating

MAY 19, 2012

Enhance your estimating process with Sage 100 Contractor. Sage, a trust worthy supplier of accounting and business management software , launched Sage 100 Contractor. Sage 100 Contractor contains more improved service management, vendor, reporting and other capacities to augment the effectiveness of the users. adsense analytic.

Sage 45

Sage Estimating Contractors Accounting 45

Construction Business Owner

AUGUST 30, 2011

INSURANCE |. You know, lots of contractors using an off-the-shelf accounting program ask me the same question: Why is construction-specific accounting software so much more expensive? Construction-specific systems allow contractors to instantly track and analyze job progress and performance. STRATEGY |. MANAGEMENT |. SOFTWARE |.

Construction 168

Construction Software Software Accounting 168

Construction Marketing

FEBRUARY 11, 2021

Insurance, liability, and workers’ compensation . Other costs: Insurance, taxes, advertising, vehicle maintenance, dumpster fees, and petrol. Roofing isn’t a one-person job; you’ll need, at least, two roofing contractors to work on a single site. Limited liability company (LLC) .

Insurance 295

Insurance Liability Legal Compensation 295

Safety Services Company

MAY 31, 2018

Insurance Certificates. Owner-clients will provide their insurance requirements. The prequalification firm will review your certificates of insurance according to the review requirements of the owner client. CONTRACTOR MANAGEMENT SOLUTIONS. Marketing and enhanced exposure to owner clients. Necessary Documentation.

Safety 48

Safety Documentation Accounting OSHA 48

Safety Services Company

FEBRUARY 4, 2014

ISN ® * (via their ISNetworld ® * database), PICS ® , PEC Premier ® , ComplyWorks ® , and CQN ® , review, verify, and grade potential contractors and determine the eligibility of the contractor to work on their jobsites. Experience Modification Rates can be obtained from your workers’ compensation provider.

Accounting 48

Accounting Safety Documentation Statistics 48

Safety Services Company

OCTOBER 10, 2012

One of the biggest hurdles facing injured workers are politicians and state legislatures that are constantly tinkering with the workers’ compensation system, in a misguided attempt to make their respective state more “business friendly.” We provide up to date information on how worker’s compensation programs operate in other states.

Injury 49

Injury Compensation Insurance Employment 49

Contractor Bookkeeping

JUNE 20, 2014

New Contractor''s Levels of Stress. You Quit Your Job - And started a construction business only to discover you need a contractor’s license and bond. Insurance - Is critical to your construction company. Talk to an insurance agent that understands construction about your insurance needs. Now that''s stressful.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JANUARY 2, 2015

New Contractor''s Have horrendous Levels of Stress. Did You Quit Your Job - And start your own construction company only to discover you need a contractor’s license and bond. Insurance - Is critical to your construction company. Talk to an insurance agent that understands construction about your insurance needs.

Construction 48

Construction Insurance Accounting Claims 48

Levelset

MAY 16, 2022

In Pennsylvania, contractors working on residential projects need to be aware of the Pennsylvania Home Improvement Consumer Protection Act. The Act establishes a registration program for home improvement contractors, along with required contract provisions, minimum insurance coverage, and more. Project details.

Pennsylvania 98

Pennsylvania Residential Contractors Contract 98