How to Properly Deduct from Uninsured Subcontractors

Making deductions can be complicated and one mistake can be costly.
Doing things right from the get go is the key when making deductions or withholdings from uninsured subcontractors. I can’t stress enough the importance of this function as one small error discovered by your insurance auditor c...

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http://www.protectingcontractors.com/properly-deduct-uninsured-subcontractors/

 

This helpful resource was posted at protectingcontractors.com

Audit, Certificate of Insurance, Risk Management, Workers" Compensation:

Construction Defects and Mistakes

What should the contractor do?
Finding a defect or mistake in completed work poses a dilemma for contractors. There are two choices they can make:

Risk liability by ignoring the problem; or
Risk destruction of evidence by fixing the problem

 
Both choices can lead to contractors having to...

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http://www.protectingcontractors.com/construction-defects-mistakes/

 

This insurance article was posted at protectingcontractors.com

General Liability, Risk Management:

Why Join a Home Builder Association?

What your HBA has to offer
Many of my customers ask me why they should join their local home builder association and what they would be getting for their money. At first glance, all they see are membership fees, monthly meetings and dinners.  To be sure, the monthly meetings and dinners focus on ...

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http://www.protectingcontractors.com/what-does-the-home-builders-association-do-for-its-members/

 

This insurance article was posted at ProtectingContractors.com

Resourceful Information: Home Builders Association, membership benefits, residential construction

Workplace Safety Policy Should Include a Return-to-Work Plan

Safety policies aren’t just about preventing injuries.
Preventing injuries on the job site is the goal of any workplace safety policy. But did you know you can also prevent unnecessary costs by developing a return-to-work program in your company’s safety policy?
When an injured employee is back o...

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http://www.protectingcontractors.com/workplace-safety-policy-include-return-work-plan/

 

This insurance article was posted at Contractor-Insure.com

News:

Will drones work with insurance claims adjusters?

FAA has insurers hovering over the use of drones
A community often looks like a war zone following a disaster such as a tornado, flood or earthquake. Ironically, military technology looks to be the future of recovery.
The insurance industry is considering using drones to assess damages and speed...

Read Full Story Here:
http://www.protectingcontractors.com/faa-insurers-hovering-use-drones/

 

This insurance article was posted at ProtectingContractors.com

Computer Technology, News:

Builder’s gross negligence ends in $20.8 million award

The price of unconscionable conduct
A Texas homeowner was awarded $20.8 million in a lawsuit against Bishop Abbey Homes Ltd. and the owner of the company. In the suit, the homeowner stated that the defendants reneged on their promise to repair structural damages caused by foundation defects on...

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http://www.protectingcontractors.com/builders-gross-negligence-ends-20-8-million-awar/

 

This insurance article was posted at ProtectingContractors.com

Construction Defect, Court Rulings, News:

Surviving the dreaded insurance audit (Infographic)

Being proactive is the key to a painless audit
The word audit can strike fear in the in the heart of any business owner. However, educating yourself and your bookkeeping staff on the process and keeping good records throughout the year can go a long way in calming any anxieties. We are happy to...

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http://www.protectingcontractors.com/surviving-dreaded-insurance-audit/

 

This insurance article was posted at ProtectingContractors.com

Audit, Insurance Audit: