In a tough economy, it may be tempting to cut corners on insurance spending, but that may not be the best idea.
If you're increasingly using trade partners on projects, make sure you keep up with insurance.
One remodeling company finds that providing an allowance for employee vehicles ensures upkeep and maintenance.
Restoration is a complex business and might be outside of a remodeler's sweet spot, but there is a way to participate.
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Captives may save you more money than risky self-insurance groups.
An independent designer asks about his liability exposure, and a top design/build company provides strategies for minimizing risk.
It is possible to be proactive about insurance without being foolhardy or putting your company in jeopardy.
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Strong safety record, high workers' comp premiums? Shop your policy around.
Errors and omissions insurance protects companies from claims if a client holds it responsible for errors or the failure of the work to perform as promised in the contract. Independent insurance consultant Scott Simmonds compares it to malpractice insurance for physicians.
Most companies guarantee their work, but Jonathan McGrath Construction takes it a step further. For the past five years, the Orlando remodeler has enlisted the services of Bonded Builders, an insurance and underwriting company that backs up a contractor's warranty.