Contractors are professionals who supervise and coordinate the major stages of remodeling or other construction projects. Their responsibilities include overseeing and scheduling the tasks that subcontractors (i.e. electricians and carpenters) perform and obtaining permits for the renovation. Just like any other type of worker, these individuals need some form of basic protection against certain risks. […]
Read MoreDo Contractors Need E&O Insurance?
As a contractor, you may be wondering if errors and omissions insurance is really necessary for your line of work. E&O insurance plans are specifically designed to help contractors stay protected where it matters most and ensure that small disputes do not turn into financially draining legal battles. What is Errors and Omissions Insurance? E&O […]
Read MoreDo You Need Insurance As An Independent Contractor?
As an independent contractor, it is important to make sure you are protecting yourself and ensuring your self-run business is safe in the case of fraud, non-payment, and other important scenarios that are bound to come up in your area of work. Just like a regular business, independent contractors are also subject to liability claims […]
Read MoreWhat Does FEMA Flood Insurance Cover?
Floods are one of the most common natural disasters to affect homeowners in the United States each year, according to the Census Bureau. They also represent some of the most destructive events. According to Statista, damages caused by floods (including flash floods) in the U.S. in 2019 were estimated to have totaled $3.75 billion. Evidently, […]
Read MoreWho Needs Flood Insurance?
According to the Federal Emergency Management Agency, (FEMA) floods are the most frequently occurring natural disaster in the United States. Floods can often cause severe damage to properties that require significant time and money to repair. In fact, the National Center for Environmental Information, (NCEI) reported that the damage costs associated with large-scale flood events […]
Read MoreHow Much Does Personal Flood Insurance Cost?
Personal flood insurance is designed to protect your home and belongings (clothing, electronics, furniture, etc.) from damages caused by floods. This type of policy is typically offered separately from homeowners’ insurance policies. Some floods can be more destructive than others, depending on the area where a property is located, among other factors. Here is a […]
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