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Address: 5095 Murphy Canyon Rd Suite 200, San Diego, CA 92123
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Phone: (858) 384-1506
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Email: hello@foagency.com
Contractor’s Toolkit
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.
Sub-contractor Forms and Endorsements to Know
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…
3 Potential Coverage Gaps General Contractors Need to Know About
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…
Navigating BTIS General Liability Audits: A Guide for Small Contractors
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…
Tips For General Contractors Navigating Gaps in Coverage
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…
General Contractor? 5 Steps to Starting Your Business in California
Are you considering starting your own general contracting business in California? While there are many steps involved in setting up your company properly, doing so will keep you organized and compliant and ensure your credibility to future clients. There are…
Changes to 2023 California Workers Comp for Concrete, HVAC, Asbestos Abatement, and Tree Service Contractors
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…
Changes to work comp dual wage classification thresholds!
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…
California to Increase Bond Limits for Contractors and RMOs Starting 1/1/2023
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,…
Can you explain the ‘your work’ exclusion on my general liability insurance policy?
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 ‘your work’…
Info on Controlled Insurance Programs That Every Contractor Should Know
One of the most misunderstood or overlooked insurance products for construction industry professionals is Controlled Insurance Programs (CIPs). It’s essential for contractors to understand CIPs, whether an OCIP (Owned-Controlled Insurance Program) or CCIP (Contractor-Controlled Insurance Program). Mike Fusco explains CIPs…