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February 12, 2020
Builder's Risk Insurance Policy cover

What Does Your Builder’s Risk Insurance Policy Cover?

Your Builder’s Risk Insurance Policy provides only one line of coverage, but it is the kind of coverage every contractor needs. Often called Course of Construction Insurance, this kind of insurance protects your interest in materials and equipment needed for the job from physical loss or damage. Let’s take a closer look at what is covered by your Builder’s Risk Policy.
February 11, 2020
5 tips about Builder's Risk Insurance

5 Top Tips about Builder’s Risk Insurance

If you are a construction business owner, you already know that you need insurance coverage. But how do you know if Builder’s Risk Insurance is the one to have? Choosing the right insurance program can be harder than it sounds. Here are 5 things to consider about Builder’s Risk Insurance.
February 10, 2020
disaster coverage for roofers

Does Builder’s Risk Insurance Provide Disaster Coverage For Roofers?

Disaster Coverage for Roofers is a must-have. But, will it be included with Builder’s Risk Insurance? It’s a confusing point. What is clear is that, across the nation, roofers tend to need more coverage. With 5.4% of all roofing incidents being non-fatal, there’s a need for roofers to be adequately protected against any eventuality. Cost implications of natural disasters The Insurance Information Institute collects statistics and data. They found insured losses in the U.S. in 2018 stood at $52 billion. But, that figure doesn’t include non-insured costs. Those are staggering figures and are increasing every year too.
February 7, 2020
cheap Course of Construction Insurance

Advice on cheap Course of Construction Insurance for Roofers

According to the National Equipment Register, construction site theft can cost the construction industry up to $1 billion per year. Course of Construction is also known […]
February 5, 2020
Construction worker .Builder's Risk Insurance

Does Your Builder’s Risk Insurance Policy Cover What You Need It To?

In a market with little standardization, how can you choose coverage with the best Builder’s Risk Insurance policy extensions for your construction business? Just 5% of construction costs can put a dent in your pocket. So, although you may have a policy you feel is good enough, will it cover all your needs? In this guide we’ll look at 5 types of coverage a basic Builder’s Risk Insurance policy may not provide.
February 3, 2020
How Builder’s Risk Insurance Policy Prevents Business Failure

How Builder’s Risk Insurance Policy Prevents Business Failure

A Builder’s Risk Insurance policy could be the saving grace for your business. Construction is risky.  Unexpected events can happen that end up costing you a […]
January 31, 2020
protect your General Contractor profits

How to protect your General Contractor profits in Montgomery, AL

Protect your General Contractor profits by making sure you have the best coverage for Builder’s Risk in Montgomery, AL.  With a large population and only 2.7% […]
January 29, 2020
Happy worker. Builder's Risk Insurance Cover

What Kind Of Structures Does Builder’s Risk Insurance Cover?

Most property owners will require contractors to have Builder’s Risk insurance coverage. The coverage protects against several risks to buildings that are being built or renovated. No two policies are alike since every construction project has unique risks. Nonetheless, most Builder’s Risk policies cover property damage or loss due to fire, theft, lightning, vandalism, hail or explosions. It’s important to read your policy and familiarize yourself with its precise limitations and exclusions. For instance, wind, earthquake, and flood are typically not covered in coastal areas. Other standard exclusions include:
January 28, 2020
Construction Site Fire!

What Happens When There is a Construction Fire?

During the construction of a commercial building or a home, anything can happen. Buildings under construction can be vulnerable to a fire breaking out. There are many factors that can cause these fires, such as torches, soldering irons, welding machines, grinders, or heating elements. Fires often happen to a new build due to several of these things, but what’s the solution if a fire does happen?
January 27, 2020
framing contractor Builder's Risk Insurance

Does your Framing Contractor Business need Builder’s Risk Insurance?

How can you reduce your financial risk as a framing contractor? When you are fronting almost 18% of the overall building cost, you have a right to be nervous. Can Builder’s Risk Insurance take some of the stress off your business? Builder’s Risk Insurance is a policy that protects a contractor’s interests when working on building projects – whether buildings are being made or renovated. It is used by contractors to ensure that they’re covered in case of any loss in building materials or equipment – or even labor used and profits lost!
January 24, 2020
Need Builder's Risk Insurance

Do I need Builder’s Risk Insurance?

If you’re asking yourself this question, then you most likely need Builder’s Risk Insurance. Why is this? Well, if you have financial interest in a construction project, you’ll need to have Builder’s Risk Insurance in order to cover you. What is Builder’s Risk Insurance and What Properties Are Covered?
January 24, 2020
Builder's Risk Insurance for homeowners

Builder’s Risk Insurance vs Homeowners Insurance

Builder’s Risk insurance for homeowners will give you protection for as little as 1% of the construction costs.  A tiny price to pay for a huge […]
January 22, 2020
Builder's Risk Insurance for Roofers

Is Builder’s Risk Insurance for Roofers?

Is Builder’s Risk Insurance for roofers? Or does the insurance coverage only apply to general contractors, electricians, painters or plumbers? In the construction industry where risks are inevitable, falls from roofing projects account for one third of all construction fatalities. And so, whether you are just starting, or you have an ongoing roofing project, there is always the need for you to have insurance coverage to help you ease financial burdens that come as a result of unexpected risks.
January 20, 2020
building under construction insurance

How Building Under Construction Insurance Builds Your Reputation

Building under construction insurance is called Builder’s Risk Insurance. One of a builder’s greatest risks is a loss of your reputation. Why? It’s because one of […]
January 17, 2020
Worker. Builder's Risk Insurance

5 Things Clients Want To Know Before Hiring A Contractor

Clients do research before they hire a contractor. They compare prices, check the authenticity of the contractors, and negotiate the best rates. As a contractor, are you prepared with the answers that will get you the job? So, what are clients looking for? In this article, we will look at five things that clients look for before hiring a contractor.
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