Levelset

SEPTEMBER 16, 2022

Your base insurance policy may offer some coverage for unexpected damage to some business property, but making assumptions about the extent of coverage could lead to some financial distress. . An equipment floater offers insurance protection for your business property as it moves from location to location. What is an equipment floater?

Insurance 52

Insurance Equipment Contractors Risk 52

Levelset

SEPTEMBER 13, 2022

In most cases, that’s what insurance is for, and the contractor will typically initiate a claim against their policy to take care of it. But who can actually file a claim against the contractor’s insurance? And what if the insurance won’t cover all or some of the costs? Contractor liability for property damage.

Insurance 52

Insurance Claims Liability Accidents 52

Levelset

OCTOBER 20, 2022

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.

Insurance 52

Insurance Liability Electrical Accidents 52

Levelset

OCTOBER 13, 2022

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.

Insurance 52

Insurance Certification Contractors Liability 52

Levelset

SEPTEMBER 20, 2022

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?

Insurance 52

Insurance Contractors Liability Accidents 52

Pro Builder

DECEMBER 7, 2020

Is Your Construction Team Prepared for Cyber Risks? Malicious cyberattacks could impact project designs, bid data, and security system information involved in architectural proposals. The growing number of cyber risks may feel daunting, but there are several ways to protect your business from these cybercrimes. Operations.

Risk 92

Risk Construction Security Bidding 92

Levelset

SEPTEMBER 12, 2022

” You may already have an insurance policy that offers coverage for business property and general liability. An installation floater is a form of insurance coverage that protects the value of building materials that will become a permanent part of a commercial or residential structure. What is an installation floater?

Insurance 52

Insurance Liability Risk Materials 52

Green Building Law Update

APRIL 4, 2021

The financial value of green buildings is well documented, from commanding higher rents, greater occupancy rates, and increased occupant satisfaction, to lower operating costs for everything from reduced insurance premiums and less energy utilized, easily resulting in an increased return on investment of more than 9% over conventional building.

Green 293

Green Debt Security Commercial 293

Construction Law

MARCH 1, 2024

News Our regular news round up includes a call from insurance companies for pilot projects to find investment models for green infrastructure; failure of another legal challenge to the Stonehenge project; and a warning that the new Building Safety Regulator is looking for a high profile prosecution to make a point.

Insurance 40

Insurance Claims Safety Legal 40

NH Construction Law

AUGUST 31, 2023

Subrogation – the right of an insurer, upon paying an injured party’s damages arising out of a negligence claim, to chase the negligent party for reimbursement – is a staple of the law. ’” Security Fence Co. And the insurer will have no say in the matter. ” Chase v. . Association , 101 N.H.

Insurance 40

Insurance Liability Claims AIA 40

Construction Marketing

SEPTEMBER 24, 2015

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.

Documentation 120

Documentation Insurance Legal Liability 120

Construction Law

MAY 2, 2024

News Our regular news round up includes a survey saying collaboration is on the rise; Network Rail promises a partnering approach in its new framework; and a warning that carbon reduction policy risks legal challenge. Legal terms explained Isabella Salame of Herbert Smith Freehills LLP explains what is meant by non-delegable duties.

Construction 52

Construction Legal Cash Flow Insurance 52

Contractor Connection

NOVEMBER 13, 2023

Temporary housing is a critical, yet often underappreciated, facet of the insurance and property management industries. Temporary housing’s core purpose is to provide swift and secure shelter, helping policyholders regain a sense of normalcy while mitigating the additional financial burden they may face.

Housing 40

Housing Insurance Security Bidding 40

Autodesk Construction Cloud

FEBRUARY 25, 2022

For another, work delays from 2021 are likely to impact the risk of subcontractor default in 2022 and beyond. . The following standard financial ratios can help risk management teams evaluate potential trade partners during the subcontractor qualification process. Formula: Current Assets / Liabilities . Current Ratio .

Safety 94

Safety Debt Liability Equity 94

Construction Marketing

JULY 11, 2022

As an alternative to surety bonds, some licensing agencies allow contractors to put up the entire bond amount as security. Are Surety Bonds Insurance? While many contractors confuse surety bonds and insurance, they are different. Surety bonds do not protect you against liability. Any past misconduct or legal violations.

Contractors 156

Contractors Legal Bidding Contract 156

Construction Business Owner

APRIL 5, 2012

INSURANCE |. Green Construction & Construction Software » The Business of Construction Risk Management. With every project, no matter how big or small, there is always risk – risk of injury, financial responsibility, or quality assurance. This, after all, is the foundation of the insurance industry.

Risk 120

Risk Insurance Construction Software 120

Levelset

AUGUST 16, 2022

However, larger projects come with greater risks and additional challenges. Large, multi-year projects are also more likely to face risks from potential economic changes, supply chain issues, and other unforeseen pressures that can threaten them. GCs can also purchase subcontractor default insurance to reduce this risk.

Risk 52

Risk Cash Flow Construction Banking 52

Construction Business Owner

DECEMBER 6, 2011

INSURANCE |. In running a business, there must always be a certain amount of risk that you’re willing to take. Risk is healthy; it keeps things fresh and gives you the opportunity to evolve. I took a risk in 2005 and dressed up as Superman for a marketing campaign. Or you could take a risk in offering a new product.

Construction 195

Construction Software Software Accounting 195

Construction Business Owner

FEBRUARY 23, 2012

INSURANCE |. So it’s no surprise that whenever I talk to companies about how they store their data, the number one concern I hear is in regards to security. According to Eric, most of his clients have “far humbler” security checkpoints than what a data center can offer. Today’s Cloud Security. ACCOUNTING |. SOFTWARE |.

Security 120

Security Construction Software Software 120

Construction Business Owner

MARCH 1, 2012

INSURANCE |. Turn Construction Data into Business Answers » Data Security in the Cloud. People I’ve talked to say it’s because they’re unsure of the security surrounding their business data. Security is whatever the local IT department decides is adequate. Your risk will decrease significantly. ACCOUNTING |.

Construction 120

Construction Cash Flow Security Software 120

Construction Business Owner

AUGUST 19, 2011

INSURANCE |. These are risk takers, men and women who are driven to hustle and make a profit—not the sitting still type. Public Exposure and Liability on Construction Sites. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management.

Construction 120

Construction Software Software Accounting 120

Green Building Law Update

DECEMBER 3, 2017

There are a panoply of federal laws within discreet silos, including significantly: The Health Insurance Portability and Accountability Act (HIPAA), The Family Educational Rights and Privacy Act (FERPA), the Fair and Accurate Credit Transaction Act (FACTA), and the like. business seeking to mitigate the risk associated with data protection.

Green 120

Green Risk Claims Drafting 120

Construction Business Owner

DECEMBER 20, 2020

How to Get Better Options in Today’s Hard Insurance Market. One thing underwriters have made abundantly clear during this challenging renewal environment is that simply blasting a submission to multiple insurance carriers to find competitive pricing, will not produce the effective results it may have in the past. Risk Management.

Insurance 156

Insurance Virgin Islands Puerto Rico Alabama 156

GCP Applied Technologies

DECEMBER 11, 2018

Depending on the region, general contractors may face additional permitting, have to pay extra for onsite fire marshals and/or face obstacles with securing liability insurance when using hot applied waterproofing. Learn about SILCOR® liquid waterproofing. . Five ways to streamline waterproofing application.

Green 74

Green Liability Contractors Permits 74

GCP Applied Technologies

DECEMBER 11, 2018

Depending on the region, general contractors may face additional permitting, have to pay extra for onsite fire marshals and/or face obstacles with securing liability insurance when using hot applied waterproofing. Learn about SILCOR® liquid waterproofing. Top 5 reasons to use liquid waterproofing. .

Green 74

Green Liability Contractors Permits 74

Construction Business Owner

JANUARY 12, 2012

INSURANCE |. Do they have the financial resources to complete a job; is their insurance up-to-date; how does their safety record look; what do their references say about their recent work; what experience do others in my company have with them? Public Exposure and Liability on Construction Sites. ACCOUNTING |. SOFTWARE |.

Bidding 149

Bidding Construction Documentation Software 149

Construction Business Owner

FEBRUARY 2, 2012

INSURANCE |. In this article, Schoppman explains how business owners should evaluate construction professionals on specific criteria to enhance margin, improve productivity and hedge construction risks. Public Exposure and Liability on Construction Sites. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management.

Construction 120

Construction Software Software Accounting 120

Contractor Bookkeeping

AUGUST 16, 2013

Assets - Liabilities) = Equity. -. Chart of Accounts Insurance Health And Dental. Chart of Accounts Insurance Liability. Chart of Accounts Insurance Vehicles. Chart of Accounts Insurance Builders Risk. Chart of Accounts Insurance Health And Dental. Chart of Accounts Insurance Liability.

Work in Progress 60

Work in Progress Accounting Construction Leases 60

Safety Services Company

OCTOBER 8, 2013

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. In addition to limiting fatalities and injuries, third-party auditor services help Owner Clients limit liability.

Contractors 54

Contractors DOT Accounting Statistics 54

Construction Business Owner

APRIL 12, 2012

INSURANCE |. « The Business of Construction Risk Management. Public Exposure and Liability on Construction Sites. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing.

Construction 120

Construction Certification Green Software 120

Construction Business Owner

FEBRUARY 9, 2012

INSURANCE |. Current software providers can jump on the bandwagon, or risk losing out to new developers, or perhaps even these specialty apps created by contractors. Public Exposure and Liability on Construction Sites. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Green Building.

Software 120

Software Software Construction Accounting 120

Construction Business Owner

OCTOBER 10, 2011

INSURANCE |. From his story it became clear to me that while you can do powerful things with spreadsheets if you devote the time, you run into three serious risks: Complex tasks require complex programming, something off-the-shelf spreadsheets aren’t designed to support (especially when it comes to troubleshooting). ACCOUNTING |.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

MARCH 29, 2012

INSURANCE |. The Business of Construction Risk Management » The Fundamentals of Building Information Modeling (BIM). Public Exposure and Liability on Construction Sites. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management.

Construction 120

Construction BIM Software Software 120

Contractor Bookkeeping

JUNE 20, 2014

Insurance - Is critical to your construction company. General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. Employees - Bring lots of flexibility and responsibility.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JUNE 15, 2012

Insurance - Is critical to your construction company. General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. Employees - Bring lots of flexibility and responsibility.

Contractors 48

Contractors Insurance Claims Lien 48

Contractor Bookkeeping

DECEMBER 3, 2013

Chart of Accounts Payroll Tax Liabilities. Chart of Accounts Insurance Builders Risk. Chart of Accounts Insurance Vehicles. Chart of Accounts Insurance Liability. Chart of Accounts Insurance Health And Dental. Insurance Audit Reporting. Security Deposits Tracking. Bank Reconciliations.

Accounting 48

Accounting Washington Leases Insurance 48

Contractor Bookkeeping

JANUARY 2, 2015

Insurance - Is critical to your construction company. General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. Understand When A Transaction Is Income - And when it is not income.

Construction 48

Construction Insurance Accounting Claims 48