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. Before you can get hired
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Carpenter’s Insurance: Who Needs It & Why
Insurance is one part of a strategy to keep your carpentry business financially healthy. You can practice safety and use common sense on the job, but there’s no way to predict when accidents or injuries might occur. To minimize any…
How to Increase Cash Flow for Your Construction Business When You Can’t Get the Financing You Need From the Bank
As a commercial specialty contractor, it can be frustrating to have the crew, time, and skills you need to take on construction projects but not enough cash to purchase materials. Add in being denied a bank loan, and the frustrations…
40 Best Construction Podcasts in 2022
Podcasts are now an essential medium for sharing information, and experts across the construction industry share their wisdom every day with listeners interested in growing a construction business, learning about the latest construction trends and technology, and building their understanding…
Does GC Insurance Cover Subcontractors?
Accidents happen, especially in construction. Between miscommunication, the wrong specifications, carelessness, or events out of anyone’s control, things can go wrong, and the damages can be expensive. General contractors know these risks when they take the role. Luckily, that’s what…
Top 8 Construction Health and Safety Hazards — and Ways to Protect Your Jobsite
In the construction industry, a lot can go wrong with the progress and completion of the structure itself. By the same token, many potential situations pose risk to the health and safety of your employees and others working on the…
Insurance for HVAC Contractors: What It Covers and Why You Need It
Heating, ventilation, and air conditioning (HVAC) contractors must protect their business property while reducing the odds that a job-related accident or injury could financially harm their business. Damaged or stolen tools and equipment can erase a considerable investment, and bearing…
Job Safety Analysis (JSA): What It Is and How to Do It
Safety is a contractor’s number one priority. In order to keep workers safe, contractors must first identify potential hazards, then determine how to control or prevent them. A job safety analysis, also called a JSA, identifies potentially hazardous tasks and…
First-Party vs. Third-Party Insurance: What’s the Difference?
As you dig deeper into your construction insurance policy, you may come across the terms first-party insurance and third-party insurance. Mastering the difference between these two concepts is crucial to understanding how different types of construction insurance protect you. Fortunately,…
Completed Operations: A Contractor’s Guide to Coverage, Cost, & More
Who pays for damages caused by faulty work or materials? 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…