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A Plumbing Contractor’s Guide to Insurance Coverage

Levelset

When you tackle the jobs you’ve secured, it’s also important to plan for the unexpected. Plumbing contractor’s insurance may help your business stay afloat if accidents or injuries occur on the job. In this respect, general liability insurance or workers’ compensation could help cover those costs if an incident should occur. .

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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Formula: Net Income / Total Assets . Formula: Net Income / Total Revenue . EMR is a value calculated by insurance carriers and is an indication of Worker’s Compensation claims history. Current Ratio .

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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

When a subcontractor is uninsured, the business can still be liable for any property damage or injury to others. If your business is found to have caused an injury or accident, the other party will seek damages. Liability coverage is also a part of business auto policies if you collide with another vehicle and injuries occur.

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Carpenter’s Insurance: Who Needs It & Why

Levelset

You can practice safety and use common sense on the job, but there’s no way to predict when accidents or injuries might occur. Carpenter’s insurance is a financial instrument that helps protect your business if accidents, injuries, or illnesses occur in a work-related capacity. What is carpenter insurance?

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Insurance for Electricians: What It Covers & Why You May Need It

Levelset

General liability insurance : A GL policy may help cover the cost of bodily injury or property damage that occurs on a jobsite. Workers’ compensation insurance : This coverage can help replace income and cover medical expenses if an employee is injured while on the job.

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Insurance for HVAC Contractors: What It Covers and Why You Need It

Levelset

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. This contractor’s insurance solution is typically the most cost-effective means to secure coverage and give you peace of mind.

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GIVEAWAY #5: AUTODESK SWAG PACK

Construction Junkie

By entering any contest, entrants agree to waive any and all claims against Contest Entities for personal injury, damage or loss of any kind which may result from participation in the Contest or from the receipt, enjoyment, ownership or use of any prize. This Contest is subject to these official rules.