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When you start a quote today, you might include a clause to inform your customers that material costs are subject to change. That is because inflation impacts every aspect of our lives, including the costs associated with lumber and other building supplies. While it...

Did you know that the value of insurance can erode with inflation? Inflation can significantly impact the cost of insurance claims, especially in industries like construction, where the cost of medical expenses, construction materials, and legal fees can rise. This...

Many business owners will assess their annual finances at the end of their business year, preparing to adapt to economic changes in 2023. They'll look at several factors, ranging from tax requirements to monthly growth. However, many businesses will fail to review and...

Did you know that the commercial construction insurance industry in the United States is worth almost $1.5 billion? Since there are so many contingencies to consider, getting all the necessary types of construction insurance is important. Even missing a single...

Did you know that general contractors are likelier to work at private companies than public ones? This statistic may not surprise you if you are a contractor that owns your own business. However, because you run your own business, you have a lot more responsibilities,...

Did you know that 41% of small business owners think personal insurance is enough protection if they were to have a liability claim? They even believe that it's enough when it comes to business liability claims. But depending on your business, that might not be the...