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California Workers’ Comp Premium Assessment Rates 2022 Updates
As a policyholder, you may recognize that there are some California Workers’ Compensation Premium Assessment Rate changes. In 2022, policyholders can...
Do I Need Excess Liability or Umbrella Liability?
Which coverage do I need – Excess Liability or Umbrella Liability? Both? Neither? Your construction company has all the necessary insurance coverage...
What You Need to Know About Self-Insurance Programs
When it comes to risk financing for Contractors, there are a variety of methods that can be used to fund “hazard” losses. From Large Deductible...
The Role of Insurance vs. Indemnification in Contracts
In a contract, you are contractually bound by the indemnification article to pay for liabilities in whatever form you prefer. Payment of potential...
The Process to De-Risking Your Business
The goal of having a Risk Management Plan in place is to minimize your company’s risk. This protects you, your company, and your employees.
Risk Management Benefits
Implementing a sound Risk Management program for your construction firm is necessary. Protecting your Business Risks, Strategic Risks, Financial...
3 Factors That Affect Your Insurance Premium
Have you wondered why your construction company is paying $X for your insurance premium while another firm is paying $Y? An insurance premium is the...
Before Signing the Renewal, Review Your Current Insurance Program
As a Contractor, you wear a lot of hats – salesperson, customer service, quality control, etc. You understand you cannot be satisfied with the status...
5 Steps to Implementing a Proper Construction Insurance Program
With your insurance program’s term coming to an end, you might be starting to think about your upcoming renewal. It might seem easier to stick with...