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Insurance updates, news and general informationWhy You Should Review Your Contractors Insurance Before the New Year
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...
What Is Not Included in Contractors’ Insurance?
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...
Why You Should Review Your Contractors Insurance Quarterly
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,...
Areas of Potential Liability: The Importance of Contractors Insurance
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...
How Contractors Insurance Can Protect Your Business
You've taken the plunge and are starting up your small contracting business. However, did you know that almost 20% of small businesses fail in their first year? You will want to be on the ball with everything you do. One way to protect yourself from closing your...
Will Rising Materials Leave You Without Proper Insurance?
The last two years have seen a rise in home renovations. The increased demand for building and renovation materials, coupled with supply chain constraints and delays due to the pandemic, has resulted in rising prices for many raw inputs and building materials. When...