contractor’s insurance, including builder’s risk insurance, commercial property insurance, worker’s compensation insurance, and general liability insurance. You can select the kind of policies that yourlicenseneeds according to your requirements and the risk-bearing capacity of your construction project...
or publication of material that libels, slanders or violates an individuals’s right to privacy. Although, this one is not that common with contractor’s general liability insurance claims, the insurance would cover
When it comes to pricing, a general contractor should be competitive in the remodeling industry. Keep in mind that you do not necessarily want a contractor with the highest or the lowest pricing (they might be a little too desperate for work!). You’d want one who can give you a reasona...
Next on your checklist should be reviewing and renewing your business insurance policies. As a contractor, you need various types of insurance, including general liability insurance, workers’ compensation insurance, and property insurance. Reviewing your policies annually ensures they still provide adequat...
HOW TO HIRE A CONTRACTOR.Presents tips on how to hire a reliable contractor. Places to go to ask for references; Amount of general liability insurance that a contractor should have; Importance of detailed estimates; Other tips.EBSCO_AspUAndrewsMichelleSilverMarc...
Insurance:Business insurance choices can include general liability insurance, workers’ compensation, and vehicular insurance policies to cover your equipment. 4. Pursue Loan Options and Financial Support Startup costs in general contracting can vary based on what type of specialty you choose, but they...
If a worker makes his or her services available to the general public on a regular and consistent basis, that worker is generally an independent contractor. An employer's right to discharge a worker tends to show that the worker is an employee. An employee must obey an employer's instruction...
Hiring an uninsured contractor is hiring an irresponsible contractor. Require that they present a certificate of insurance prior to signing any contracts, and call the agent to verify that the policy actually exists and what it covers. At a minimum, the contractor's general liability policy should...
10 Types of Insurance for HVAC Contractors General Liability Average Price: $40/month Most business owners have some form of liability insurance. General liability insurance protects you from accidental injuries and any damage to your property. Worker’s Compensation Average Price: $2,000 annually ...
Staying safe on the job site begins with taking the proper measures to protect against future incidents. Maintaining contractor general liability insurance is a must to safeguard against 3rd party bodily injury and property damage. Establish a relationship with aconstruction license and bonding companyto...