The Basics of Insurance for a Construction Business

To complete a construction project, you need, among other things, large machinery, contractors, and workers. This complex working environment creates possibilities for third-party damages, bodily injuries, as well as potential litigation. While the adoption of advanced technology and machinery can reduce some of the inherent risks, it can also increase the chances of other risks. Read More

Products-completed Operations Vs. Product Liability Insurance: How Are They Different?

Product liability insurance is a crucial investment for businesses that make goods or offer certain services. For example, it can protect your company from substantial losses if you’re successfully sued, for making equipment that ends up injuring or harming a user due to design or manufacturing defects. Contractors that construct or install roofs, buildings, wiring, Read More

4 Important Types of Subcontractor Insurance

When working under a general contractor or larger business, you will need to address your subcontractor insurance needs. Do not assume that the general contractor’s policy will automatically cover your own liabilities for damages or injury. Here’s a look at the important insurance protection you need to operate as an independent subcontractor. When Does a Read More

Debunking Dangerous Myths Related to Commercial Insurance

Data from the Small Business Administration (SBA) shows that there are currently more than 4 million small businesses in California. However, about 75% of these businesses are underinsured, facing the risk of closure in the event of a disaster. While most businesses don’t have enough insurance because of financial constraints, others have ignored important coverages Read More