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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

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.

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Subcontractor Default Insurance: Pros & Cons for General Contractors

Levelset

Subcontractor default insurance is one alternative to a surety bond that works to protect a contractor from the financial burden when one of their subcontractors defaults. Related: 16 types of insurance coverage for contractors. What is subcontractor default insurance? How SubGuard insurance works.

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The pros and cons of becoming a subcontractor

Fieldwire

If you decide to start your own subcontracting business, you’ll be able to reap many of the most significant benefits of working as a general contractor — like greater flexibility in job hours and scheduling. You may need to pay quarterly estimated taxes, depending on how much you make from your subcontracting work.

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From Zero to Hero: Construction Risk Management

Safety Services Company

Risk management plans often save companies from going under in the event of an emergency. For example, if your staff doesn’t do plumbing, subcontract and find professionals who can. This includes taking out insurance on the project. AS AN EMPLOYER, HOW CAN YOU MANAGE ALL THE RISKS? WHAT ARE THE BENEFITS OF RISK MANAGEMENT? .

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From Zero to Hero: Construction Risk Management

Safety Services Company

Risk management plans often save companies from going under in the event of an emergency. For example, if your staff doesn’t do plumbing, subcontract and find professionals who can. . This includes taking out insurance on the project. As an Employer, How Can You Manage all the Risks? What are the Benefits of Risk Management? .

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New Hampshire Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Department of Defense, Defense Logistics Agency, providing specialized assistance to businesses seeking assistance with contracting and subcontracting opportunities with the Department of Defense, other federal agencies or state and local governments.

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Virtual Bookkeeper Vs. Outsourced Contractor Bookkeeping Services

Contractor Bookkeeping

At networking events contractors have asked me about the risks of someone working in an undisclosed location handling their construction bookkeeping records. This is my opinion from reviewing resume''s and offers to subcontract from "Virtual Bookkeepers" on a regular basis. Virtual Bookkeepers.