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What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

Levelset

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. A certificate of insurance (COI) is a valid form used to prove that you carry the appropriate insurance policy.

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HUD Jumpstarts PACE Financing for Homes

Green Building Law Update

Department of Housing and Urban Development and the Department of Veterans Affairs released new guidance, changing their previous positions, now widely allowing residential Property Assessed Clean Energy (PACE) financing. a lien) that is superior to the FHA-insured mortgage for delinquent regularly scheduled PACE special assessment payments.

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The Startup Construction Business Checklist: 3 Important Documents You Need to Have

Construction Marketing

Insurance is perhaps the most important thing to arrange before starting a construction company. There are many different types of insurance in the United Kingdom. A construction business needs need public liability insurance , and employers’ liability insurance if you employ staff. Business Plan.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. A colleague of mine has even considered not calling his children when a family event occurs, because his kids have generally heard about it two days prior via Facebook. Public Exposure and Liability on Construction Sites. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. Each year at this event I’m reminded that collaboration is vital to our construction industry. Public Exposure and Liability on Construction Sites. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Construction Law.

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Contractor License Bonds: Everything You Need to Know

Levelset

In the event of a valid claim against the license bond, the principal must reimburse the surety company for any payouts. Although contractors are the ones mandated to obtain this coverage, they are not the ones protected (that’s what general liability insurance is for). What does a contractor license bond cover?

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. Heck, you get trophies for participating in an event—not winning it. Public Exposure and Liability on Construction Sites. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Construction Law. People Management.