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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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Legal Documents Required for Purchase of Property

CivilJungle

Legal Documents Required for Purchase of Property. But we must avoid the problem and legal situation by checking the documents required for buying property. Every construction work begins with legal approval. The actual owner of land legally sets people by way of every power of attorney. Recorder’s Office Documents.

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Completed Operations: A Contractor’s Guide to Coverage, Cost, & More

Levelset

If a contractor’s work fails after a project is complete, completed operations insurance can help cover some of the expenses. It is sold as an extension to your general liability insurance policy and may be required by the state you work in or the project owner. Learn more: The most common types of insurance policies in construction.

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What Are the Legal Safeguards for Getting Back to Work?

Pro Builder

What Are the Legal Safeguards for Getting Back to Work? As builders and trade contractors start to get back on track following the impact of COVID-19 and its restrictions, there are legal concerns to consider. office of Akerman. . Those answers will vary depending on the insurance plan. Mon, 07/27/2020 - 12:57.

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7 Ways to Improve Construction Site Safety

Levelset

Unsafe practices on the site could lead to construction delays , legal fees to defend violations , and breach of contract if safety issues are non-compliant with contract terms. . Modern tools of the trade can help productivity and reduce body strain that can lead to musculoskeletal injuries. Work with your insurance provider.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Product Spotlight. Every year, there seems to be a new product or service that’s all the industry buzz. And there are plenty of advantages to “mobilizing” your construction company: improved communication between field and office. the ability to send progress photos from the job site to the office.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Product Spotlight. The Office, The Field, and Technology. There’s no better example of the business silo in construction than the separation that many companies experience between field operations and office management. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |.