Property managers need to have insurance that covers their business, their clients, their tenants and the properties they manage. While the insurance needs of property management companies are similar in some ways to other businesses – for example coverage for property, liability, workers compensation...
What Type of Business Insurance Do I Need ? Business owners are often puzzled about business insurance. Business insurance sometimes is not well understood and small business owners sometimes become underinsured or uninsured by insurance companies, because they don’t specialize in a particular industry...
You may need a Certificate of Insurance (COI) in a number of situations. Generally, a client will request a COI directly from your insurance company to confirm you have appropriate insurance coverage. If you are hiring a contractor, consider getting a COI from their insurance company, even if...
What is construction insurance? Construction insuranceis a broad category of commercial insurance products that are applied to the work contractors do. These policies provide protection for the contractor’s company as a whole, beyond the project they are working on. ...
Why a certificate of insurance matters When do I need to provide a COI? What information is included in a COI? Why contractors should keep a record of all COIs How long should I keep my COI? When should I ask for a COI? What’s the difference between a COI and an insurance policy?
Much of this type of insurance can be covered underworkers' compensationandcommercial general liability insurance, depending on the policy. The types of contractors that need demolition insurance are usually welding, blasting, and piling contractors. ...
What Contractors Can Learn from Rollout of State Health Insurance ExchangesDixon, Chris
This level of flexibility can be seen as a benefit or a limitation, depending on the type of work-life balance the person seeks. For example, contractors can take time off whenever they feel like it, but they do so at the cost of not making money during that time. Employees, however,...
However, if your HOA finds itself short on funds, such as in the case of an expensive lawsuit, the excess costs may be charged to each homeowner — often split evenly. What other insurance do I need if I live in an HOA? While an HOA insurance policy will cover common areas maintained...
If you are self-employed, it's likely you need to fill out an IRS Schedule C to report how much money you made or lost in your business. Freelancers, contractors, side-giggers and small business owners typically attach this profit or loss schedule to the