Demolish Rising Insurance Costs, a Construction Company’s Perspective – Construction companies face a wide-range of inherent risks, hazards, and uncertainties. With proper insurance and coverage limits, contractors can reduce the chances of risk negatively impacting their businesses.
While many types of insurance products exist, General Liability and Workers’ Compensation Insurance are the most commonly-used in the construction industry. Knowing the basics of these coverage types, as well as some cost-cutting strategies should help with product selection and optimizing profitability.
In its most basic form, General Liability Insurance protects against losses and/or claims brought against your company or employee. General Liability Insurance covers …read more
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