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Contractors often hire subcontractors to handle various aspects of a construction project. Prior to entering such an agreement, it’s imperative to know about liability insurance for subcontractors. Lack of the right insurance is risky when a subcontractor makes a costly error. Here are essential points to know about the type of insurance a subcontractor should provide. What Is Subcontractor Liability

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Plumbing insurance satisfies many different risk factors if you own a plumbing business. From general liability to guaranteeing your workmanship, a good insurance policy will protect you, as well as give your customers peace of mind, knowing that your work is protected financially. It’s important to work with an insurance agent who specializes in policies written for skilled tradesmen. What

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Keeping up with the latest gear is vital to your job as a contractor on every project. Because of the progress of the construction and the ongoing replacement of equipment, this can be quite challenging. Due to this, it is typical for these objects to get lost. It is crucial to ensure you have insurance coverage for these tools in

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An effective risk management program must include several key components, like safety, claims management, contractual risk transfer assistance, bid and accrual support, loss-sensitive adjustment forecasting, construction defect allegation procedures, etc. Unfortunately, brokers with limited expertise and knowledge in building risk management and insurance may misunderstand these essential components or may not even be aware of them. The outcome can be

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Successful contractors are aware of the potential risks on the job. As a contractor, you work with many tools that could potentially cause damage if they aren’t used properly. Contractors general liability insurance gives you a layer of protection if something goes wrong. Sometimes mistakes happen. If you’re a homeowner assessing options for your next renovation project, you may be

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