Dive into the ‘Contractor’s Toolkit,’ curated by our insurance experts to empower contractors with the knowledge and strategies essential for risk management and protection. This category demystifies insurance solutions tailored to the unique needs of the construction industry, from liability coverage and workers’ compensation to bonding and beyond. Whether navigating the complexities of project insurance or seeking ways to safeguard your business and employees, ‘Contractor’s Toolkit’ provides the guidance and tools you need to build a secure and resilient contracting business.
Trucking company owner and operator Raymond, 37, of Encino, appeared in court in January 2024 on 30 felony counts of unauthorized use of personal identifying information and forgery. A Department investigation found he allegedly created and distributed fraudulent insurance documentation…
If we could give one piece of advice to general contractors, it would be: Read all forms relating to the use of subcontractors or independent contractors in your general liability policy! If you hire subcontractors, there will be language in…
All commercial general liability (CGL) policies are not created equal! As a contractor, it’s vital to know your policy inside and out and read all forms relating to the use of subcontractors or independent contractors. You can save yourself a…
Introduction In the competitive and risk-prone construction world, small contractors often navigate through a labyrinth of insurance requirements. BTIS, a respected Managing General Underwriter (MGU), has recently implemented a policy of auditing general liability coverage for small contractors at the…
Construction can be a risky business! That’s why it’s important for contractors to obtain insurance coverage and also understand the parameters of their policy. Like most other insurance policies, Contractor’s Insurance does include some exclusions or limitations, so policy holders…
Are you considering starting your own general contracting business in California? While there are many steps involved in setting up your company the right way, doing so will keep you organized, compliant and ensure your credibility to future clients. There…
Previously, the Contractors State License Board (CSLB) only required C-39 roofing contractors with or without employees to carry workers’ comp insurance. As of January 1, 2023, this requirement changed to include the additional licensed contractors regardless of whether they have…
The change to work comp dual wage classification thresholds takes effect on 9/1/2022 for all new and renewed policies. The Workers’ Compensation Insurance Rating Bureau (WCIRB) of California changed dual wage classification thresholds for the first time since 1 Please…
Starting January 1st, 2023, the Contractors State License Board of California will increase all bond limits from $15,000 to $25,000. This includes contractor license bonds and RMO bonds in the state. The change comes as part of Senate Bill 607,…
You are familiar with the ‘your work’ exclusion if you’ve read your general liability policy. And if you’re like most people, you want to know more about how the ‘your work’ exclusion affects your insurance protection. Although the ‘you work’…
