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% unemployment, businesses thrive in Montgomery. Gaining clients and reputation is great, but a business is only as strong as the profit it keeps. Construction is inherently high-risk. Well-considered insurance is the best way to safeguard the income. Let’s look at 3 steps to help protect your General Contractor profits in Montgomery.
Workers Compensation is necessary for contractors who use any employees or non-independent subcontractors. Subs should also carry their own Workers Comp for employees.
This gives you coverage for workers’ medical bills and two-thirds of their wages if they get sick or hurt on a job.
Without Builder’s Risk in Montgomery, AL, many clients won’t hire. Standard policies cost only 1-5% of total building costs. Your Builder’s Risk coverage will protect against third-party losses like fire, rain, hail and lightning. It’s important protection in the Gulf Coast where thunderstorms can be fast, frequent and destructive. You need to be ready for these risks to protect your General Contractor profits in Montgomery. At Builder’s Risk Insurance, we are experts specializing in Alabama construction insurance. We’ll help you prepare.
You’ll also benefit from checking your policy carefully to see what’s excluded. For instance, flooding is commonly left out. With a high chance of it affecting your work, Montgomery contractors are likely to need separate flood insurance. Which brings us to step 3…
An old, historical city like Montgomery is prone to clogged-up drainage. Consider the humid climate and possible damage. It’s worth getting this loss covered.
When thunderstorms and tornadoes hit, the damage can spread out. Hauling chunks of broken concrete is costly. This extension covers it.
With the city’s ongoing commitment to projects like the Cenergistic Energy Program, you can protect your General Contractor profits in Montgomery by staying competitive with a ‘sustainable’ reputation. Furthermore, this extension pays to recycle debris and replace renewable energy sources.
At Builder’s Risk Insurance we know the most effective customizations for Builder’s Risk in Montgomery, AL. Moreover, we can get you insured correctly at the lowest cost.
A strong stream of business is wonderful, but you need to safeguard it. At Builder’s Risk Insurance we have an A+ with BBB and thousands of 5-star ratings. Furthermore, our professionals can find the best Builder’s Risk in Montgomery, AL that works for you.
We guarantee fast turnaround on free, no-obligation quotes. As such, there’s nothing to lose and potentially huge gains. So give Builder’s Risk Insurance a call on 887 960 0221.