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

Levelset

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?

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First-Party vs. Third-Party Insurance: What’s the Difference?

Levelset

As you dig deeper into your construction insurance policy, you may come across the terms first-party insurance and third-party insurance. Mastering the difference between these two concepts is crucial to understanding how different types of construction insurance protect you.

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Dissecting code language updates to lightning protection systems

Construction Specifier

In 2018 (latest data available), insurance companies paid nearly $1 billion in lightning-related claims to some 78,000 policy holders, according to the Lightning Protection Institute (LPI). Beyond physical building damage, lightning poses a threat to data, security, and all electrical and electronic components in a building.

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Construction Labor Cost Data by State

Job Order Contracting

Electrical Engineers. Electrical and Electronics Engineering Technicians. Security Guards. Insurance Claims and Policy Processing Clerks. Electrical and Electronics Installers and Repairers, Transportation Equipment. Electrical and Electronics Repairers, Commercial and Industrial Equipment. Civil Engineers.

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How Economies of Scale Works in Construction

Wolgast Corporation

One, a contractor can hire an electrical crew to be assigned on site all-day for an extended period of time. For example, dumpsters, storage trailers, building permits, temporary electricity, barricades and insurance are a few types of things included in this category.

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What To Do Before, During And After A Hurricane Or Tropical Storm

Contractor Connection

When evacuating, secure your property and important documents and valuables. Board up your home if necessary, unplug all electrical appliances and equipment before evacuating, and lock all doors and windows. Call your insurance company right away and arrange accommodations.

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Preparing for Hurricane Season: Your Essential Guide

Safety Services Company

Is there a list of essentials that can help you weather a storm and what should you be considering in terms of hurricane, storm or flood insurance? Non-electric can opener, utility knife. Social Security documents. House Insurance and Life Insurance Policies. Do You Have Insurance and How Will it Protect You?