6 Ways Your Surety Broker Should be Focusing on You!

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As a business owner, your company’s customer service is one of the keys to your success. The service that you should expect from your Surety Broker should be no different. Below are some of the best practices that your broker should be following.

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Topics: Surety Bonding, Surety, Surety Broker

How Do I Save Money On My Commercial Auto Insurance?

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These days, business commercial auto insurance policy premiums are rising exponentially. Here are a few suggestions on how your company might be able to reduce your Auto premiums.

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Topics: commercial insurance, commercial auto insurance, auto insurance policy

Loss Sensitive Insurance Plans for a CIP

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There is a lot of planning that goes into a Construction project, and everything costs money! From the materials, property, salaries, Trade Contractors, to the claims and the insurance—it can all be a bit overwhelming. This is why it is important to have a good risk financial plan set up for your next construction project.

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Topics: Risk Management, Loss Sensitive Insurance Plan, Risk Financing

What Type of Coverage Does Employer's Liability Insurance (ELI) Provide?

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Employers Liability Insurance (ELI) is coverage provided by the workers’ compensation policy for the insured (employer) for liability to employees for work-related bodily injury. This includes death, by accident or disease, other than liability imposed on the insured by a workers’ compensation law. These are the 4 common types of employers liability claims.

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Topics: ELI, Insurance Coverage, Employer's Liability Insurance

Breaking Down Workers' Compensation Premiums


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Workers’ compensation insurance provides employees with lost wages, medical treatment and death benefits (to employee’s families) for job-related accidents or injuries. It is frequently a construction company’s single most expensive line of coverage. Let’s look at how your workers’ compensation premium is calculated and what you can do to keep your cost as low as possible.   

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Topics: Workers' compensation, commercial insurance, workers' comp premium

Top 5 Ways a Surety Broker Impacts Your Company

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Maintaining a solid surety program can be vital to your company’s success. It is important that your Surety Broker understands your business, so they can advise you on how to maximize your bond program and the overall profitability of your company. Here are 5 ways your Broker can truly impact your company.

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Topics: Surety Bonding, Surety, Surety Broker

How Project-Specific PLI & OPPI Protect You from Risk

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As an Owner or Developer embarking on a new construction project, you must plan for a tremendous amount of risks. Some of this risk exposure is a direct result of the professionals and designers you will hire to help complete your project. Let’s explore two options that can offer protection from this third-party risk.

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Topics: commercial insurance, OPPI, PLI, risk protection

Commercial Package Policy – Structuring a Contractor’s Insurance Program

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Contractors’ insurance programs are often written under a commercial package policy (CPP). A CPP is a package policy, which is a single policy that includes multiple coverages written as separate policies. It utilizes separate, stand-alone forms for each policy, each with its own declaration page alongside a master CPP declaration page that details all of the coverage parts.

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Topics: commercial insurance, Commercial Package Policy, Contractor's Insurance Program

OCIPs: The 5 Cultural Benefits for Your Company

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You’ve decided to implement an OCIP (Owner Controlled Insurance Program) for your next construction project. In doing so, your company will reap the benefits of an OCIP, such as cost control, enhanced & uniform coverage, and claim control. However, did you know that your company will also gain cultural benefits too? Let’s examine the top 5 cultural benefits of an OCIP. 

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Topics: Risk Management, OCIP, Wrap-Up, OCIP benefits

Starting a New Project? Consider Getting OPPI

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Building Owners, Developers, Governmental agencies, and any other entity undertaking a design and construction project, face a wide range of risks before, during and after the work has been completed. In undertaking this project, you will engage a wide variety of professionals to provide everything from consultation, to design, to construction management, and inspections. Each entity is hired to provide professional services within their respective field, to ultimately deliver your desired outcome within your overall project schedule.

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Topics: commercial insurance, Construction Project, OPPI

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