Remove Compensation Remove Insurance Remove Maine Remove Security
article thumbnail

Additional Insured Endorsements & How They Work in Construction

Levelset

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. While it may sound unusual, adding additional insureds is common and extends benefits both to you as a policyholder – and the party being named on the policy.

article thumbnail

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

Levelset

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 policies can help your business cover the costs of both minor and major incidents.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Levelset

HVAC contractor insurance is the primary way to help protect your financial interest if things go wrong on the job. This contractor’s insurance solution is typically the most cost-effective means to secure coverage and give you peace of mind. What is HVAC contractor insurance? Who needs HVAC insurance?

article thumbnail

Top 8 Construction Health and Safety Hazards — and Ways to Protect Your Jobsite

Levelset

Among the top safety measures implemented in your daily operations, you should ensure that all loads being moved are secured, caution employees to steer clear of suspended loads and overhead work, and strictly enforce the use of personal protective equipment (PPE) such as hard helmets and safety glasses.

Safety 52
article thumbnail

Third-Party Auditors Helping Connect the Dots of Contractor Verification

Safety Services Company

Companies, often called Owner Clients or Owner Operators, and contractors both pay to secure an account with a third-party auditor, such as ISNetworld ®* , PICS ® , PEC ® Premier, ComplyWorks, and Canqual. One of the main reasons for the acceptance is a desire to cut down on the staggering fatality rates. How the Process Works.

article thumbnail

What Is Building Valuation | Purposes of Building Valuation | Building Valuation Methods

CivilJungle

Loan security before taking a loan or mortgage – A mortgage is the security of a loan that is done based on the valuation of a building. In such cases compensation is paid to the owner of the property. In the case of acquiring a building, the owner is to be paid some compensation. Properties are acquitted.

Income 52
article thumbnail

Hiring a Contractor - Julian Construction Blog

Julian Construction

« Julian Construction Shares Tips For Maintaining A Foundation | Main. A contractor manages the entire project from start to finish, including architectural planning, securing any required building permits, as well as providing all of the materials, equipment and labor that will be needed. Foundation Replacement. House Leveling.