Artisan Contractor Insurance

The category of artisan contractors, also known as casual contractors, includes many occupations that involve skilled work with tools at the customer’s premises. Carpenters, plumbers, electricians, roofers and tree surgeons are some of them. Also included are diverse other skilled service providers, such as interior decorators, piano tuners and exterminators.

Special insurance needs of this group include coverage for equipment and tools that are often moved around and for the value of work done for a customer until it is finished.

For many artisan contractors, the most cost effective and efficient way to obtain property and liability coverage is with a Business Owners Policy (BOP) especially tailored to their needs. Although marketed under a variety of names, these policies will typically have provisions similar to the BOP’s.

Property Insurance

The BOP covers real estate and other property that your business owns that is located at the described business premises. If your business rents or leases its premises, the BOP provides coverage for tenants’ improvements and betterments. These are fixtures, alterations, installations or additions that you have put into the space that cannot legally be removed from the landlord’s premises.

Your biggest personal property loss exposures, however, may involve valuable machinery and equipment that moves around from job to job and is not covered by the standard property insurance. Such movable property is insured by contracts that insurers call “floaters.”

An installer’s floater covers all kinds of machinery and equipment during transit, installation and testing at a customer’s premises. Even building materials may be covered, but the more usual coverage is for equipment or machinery that only contractors install, such as heating or air conditioning. The policy can be written to cover a single job or on a reporting form, meaning that you provide the insurer with information about each new contract you undertake.

A tools and equipment floater covers the insured property wherever it is used and may include such items as hand tools, power drills, hoisting machines and power pumps.

Liability Insurance

Given the possibility of a lawsuit should someone claim to have been harmed by your work, you will almost certainly need liability insurance.

If working as a subcontractor, your customer may require you to have Owners and Contractors Protective Liability (OCP) coverage. This protects either a property/business owner or a general contractor from possible liability arising from the negligent acts of an independent contractor or subcontractor hired to perform work on behalf of the insured. The actual purchaser of the policy is the independent contractor or subcontractor, but the protection is for the benefit of the property/business owner or general contractor for whom the work is being done.

Business Vehicle Insurance

Your personal auto policy probably provides coverage for some business use of your truck, van or other vehicle. A personal auto policy is unlikely to provide coverage, however, if the vehicle in question is used primarily in business. It will not provide coverage for any vehicle owned by a business. For those vehicles you must have a business auto policy.

If you’re driving a truck you own personally for a business purpose and get into an accident for which you are liable, an injured person could sue you personally. Will your personal auto policy have enough coverage to pay all the damages? If not, a lawsuit may be filed against your business. If you use personal vehicles for business, you want to be sure you have high enough limits to protect your business. You should discuss this with your insurance agent.

Workers’ Compensation Insurance

States have varying rules about when an employer must provide workers compensation insurance. If you have three or more employees, you should check with your state department of workers’ compensation to see if you are required to provide workers comp insurance.

The Coronavirus Will Have An Impact The United States

The Coronavirus Will Have An Impact The United States

The Centers for Disease Control recently stated that the Coronavirus will have an impact in the United States. People who contracted the Wuhan virus have reported symptoms that include fever, chills, headaches, difficulty breathing, and a sore throat.  Now is a good time to start thinking about how you might protect yourself and your family from contracting this virus.

The World Health Organization and the CDC recommend that you take the usual precautions to help prevent the spread of respiratory viruses including:

Wash your hands often with soap and water or use an alcohol-based hand sanitizer.

Cover your mouth and nose with your elbow or a tissue when you cough or sneeze.

Avoid touching your eyes, nose, and mouth if your hands are not clean.

Avoid close contact with anyone who is sick.

Clean surfaces you often touch.

Stay home from work, school, and public areas if you are sick.

Check with your doctor if you have a fever, cough, and difficulty breathing, and tell your doctor about any recent travels.

Avoid eating raw or undercooked meat or animal organs.

If you are visiting live markets in areas that have recently had new coronavirus cases, avoid contact with live animals and surfaces they may have touched.

Why It Is Important to Have Us Review Your Lease Agreements

siness Insurance Update

Most businesses enter into lease agreements from time to time. These agreements might involve equipment, buildings or other products and or services.  Every lease agreement has insurance provisions.  Your commercial insurance may or may not respond to the lease requirement, so it is important for you to understand how your business insurance relates to your lease agreements.

The lease agreements state who is responsible for insuring what. If you are leasing a building and the lease requires you to insure the building, it will need to be added to your business property policy.

There may need to be improvements made to the leased building for which you are also responsible.

Many leases also require some level of commercial liability insurance.  If you do not have the correct terms and limits you could jeopardize the lease.

Certain leases also have care custody and control provisions. Your business insurance may need to be modified to protect all parties.

Typically, all leases have some sort of subrogation clause which puts legal requirement on your insurer.

It is important for businesses of all types to have this important type of coverage in order to protect their financial interests. Without a commercial property insurance policy, businesses are fully responsible for the costs associated with property damage and loss.

Holiday Stress Reduction

 

Buy Decorations In The Off-Season

Buy Christmas decorations year-round on the Internet. And in the off-season, you can get them at reduced prices. Buy your decorations all year, and when the Christmas season arrives, you’ll be ready.

Wrap Sooner Not Later

As soon as Christmas wrapping paper is placed on the shelves, start selecting and buying. By this time, you should have a shelf full of presents to wrap. Wrap at your leisure; a few at a time or all at once. Just enjoy it. You have time to make the presents look outstanding. Give them that added decorative touch that will make the recipient feel special and give you the opportunity to be creative.

Record What You Wrap

You have two lists to cross-reference. Check off or make changes as necessary. If you didn’t make a list, you should make one now. Don’t make a mistake I made one year. I got all my wrapping done early, and by the time Christmas came, I couldn’t remember what I was giving everyone or exactly what it looked like. I remember wishing I had a digital camera. I could have taken pictures of the presents before wrapping them. I don’t have to worry about that now. I have a list and a digital camera.

Collect Recipes

Don’t wait until you have to prepare a dish for a party to decide what you want to make. Start collecting recipes from magazines and friends. But don’t stop there. You have plenty of time to try them out. Put stars beside the ones you especially like and will be proud to serve. When the time comes, it will be fast and easy to make choices.

Christmas can be a pleasure, even before the season begins. Enjoy your window-shopping, whether it’s in the stores or on the Internet. But be ready to buy when you see something you like. Make your choices wisely and keep up with your lists. Following this plan will be a great stress reliever come Christmas time. Have fun, and keep on enjoying Christmas.

How To Prepare For Holiday Home Safety

 

The Holidays are almost upon us, and if you have been to any department store, the sounds of Christmas are ringing out. According to the U.S. Fire Administration, over 400 homes are destroyed annually by causes related to Christmas tree fires. According to the U.S. Consumer Product Safety Commission hospital emergency rooms treat over 12,900 people each year for injuries such as falls, cuts and shocks related to holiday lights, decorations and Christmas trees. Before you put up the lights or cut down the tree, we wanted to provide you with a few safety reminders to keep you and your family safe this holiday season.

The Tree

Keep Christmas Trees Fresh; water regularly.

Keep trees away from heat sources.

Take Christmas trees down before January.

Do not burn the trees in your fireplace.

Avoid placing breakable tree ornaments, or ones with small detachable parts, on lower branches where small children or pets can reach them.

When purchasing an artificial tree, look for the label “Fire Resistant”.

Lights

Only use lights that have been tested for safety by a recognized testing laboratory.

Never string together more lights than are recommended by the manufacturer.

Make sure extension cords are rated for the intended use.

Before using lights outdoors, check labels to be sure they have been certified for outdoor use.

Turn off all holiday lights when you go to bed or leave the house.

If you use a timer for your outdoor lights, make sure it is rated for outside use.

Outdoor lights and decorations should be plugged into circuits protected by ground fault circuit interrupters (GFCIs)

Ladder Safety

When putting up holiday decorations, always use the proper step stool or ladder to reach high places. Don’t stand on chairs, desks, or other furniture.

A straight or extension ladder should be placed one foot away from the surface it rests against for every four feet of ladder height.

Use ladders with slip-resistant feet.

Never stand on top two steps.

Enjoy the season with family and friends, and never drink and drive.

Competitive Contractors Insurance

Competitive Contractors Insurance

­­­­­­Contractors insurance provides insurance and risk services to the construction industry. Insurance can play an important role in; on time and on budget projects.  If your insurance coverage is not written correctly, your business may not survive financially.  Your success depends on proper planning, whether you’re estimating a project, hiring good people, protecting your business with comprehensive commercial insurance, or selecting your insurance agent.

You can depend on our team of construction professionals to design, build, negotiate, and implement an insurance program that fits your individual needs.  As your insurance partner, we will create and deliver insurance solutions today to keep you in business tomorrow.

Our insurance agency has created and developed strategic partnerships with many highly rated insurance companies.  Our goal is to create the right combination of coverage, price, and service that exceed your expectations.

Over the years our construction professionals have worked with many different kinds of construction firms, including:

General contractors

Restoration contractors

Environmental contractors

Electrical contractors

Painting contractors

Paving contractors

Excavation contractors

Masonry contractors

HVAC contractors

Plumbing contractors

Roofing contractors

Artisan contractors

Landscaping contractors

Specialty contractors

Having the right insurance coverage and the right agent is an important part of managing construction risks.  As a contractor, your insurance needs can change quickly.  You need an insurance agency partnering with you to make sure your company’s unique needs are addressed.

Summer Driving Tips

 

An Auto Insurance Update

Summer is here, and many families are planning that great summer road trip.  Whether you are planning a day trip or a longer weeklong adventure, it is important to be prepared before you hit the road.  Insurance Institute for Highway Safety (IIHS) statistics reveal that more fatal traffic crashes occur over the summer months than over the winter months.

Summer Driving Tips

If you have teen drivers, make sure they have taken driver safety training.

Never use your phone while driving.

When on a long drive, take frequent breaks.

Roads become very slippery in the first few minutes of rainfall because the rain mixes with the oil and dirt on the road. It takes about 30 minutes of steady rain to wash the oil and dirt off the road.

If your car is due for a tune-up, oil change, battery check, or tire rotation, now is the time to get it done.

Use seats belts every trip, all the time.

Traffic laws vary by state, so it is important to follow traffic signs.

Pack extra water and supplies in case of an emergency.

Drive at a safe speed. Speeding increases the likelihood and severity of a crash.

Auto Insurance

It will be important to have an auto insurance update before you go. Laws vary from state to state, and when it comes to your auto insurance, it is important to have the best possible combination of coverage, price, and service.

Umbrella Insurance Offers Added Protection

 

Umbrella Insurance Offers Added Protection

A Personal Insurance Update

You have worked hard to build a good life for yourself and your family. You own a home, have two cars and a boat, and you might even have a second home. You have also built a financial future for your family with a 401k plan and other investments. One accident can wipe all that out by not having enough insurance.

A personal umbrella policy can protect your assets in the event of a major accident. A personal umbrella policy adds additional limits above your auto and home insurance policies. Let’s face it, litigation resulting from an accident can be costly to you. Think about this, you are having a holiday party, and someone goes home slightly drunk and cause an accident. Think you won’t get sued? Think again.  A lawsuit and all the related expenses could destroy your financial security, but a personal umbrella policy could protect you.

Take some time to add up all your personal assets including; your home, investments, 401k plan, future income, and the value of your personal property. All these are exposed to the possibility to be taken, if you are involved in costly litigation.