What Is OCP “Owners and Contractors Protective Liability Insurance Coverage” – Explained

Owners and Contractors’ Protective Liability Coverage – offers protection against liability for bodily injury resulting from the work of independent contractors hired by a named insured. The contractor purchases the policy to protect the client (project owner) from vicarious liability in connection with work performed on the project. As part of its oversight of the […]

In the construction industry, what does an “Additional Insured” do and what is the “Additional Insured Endorsement”?

Many construction contracts require contractors to sign pages containing detailed insurance requirements, coverages, and minimum dollar amounts.  Review any contract’s insurance requirements carefully before signing to ensure that your current insurance complies with the contract’s requirements, including coverage types and financial limits.  Your contractor insurance specialist is a great resource for help in this regard, […]

Liability insurance for contractors is an essential coverage, but what does it cover?

However cautious you may be when carrying out your projects, mishaps and accidents can still occur. This is an indeterminate situation that is beyond your control. You can’t always rely on your people and equipment to perform perfectly. If you are legally obligated to cover accident and machine expenses, it will cause delays and income […]

Licensing requirements for contractors in California

Contractors must comply with laws specific to each state in the United States. Contractors State License Board (CLSB) of the Department of Consumer Affairs handles this responsibility in California. In addition to providing administrative services to contractors and clients, the board is responsible for investigating complaints. Licensing requirements for California contractors License requirements for becoming […]

California Contractors License Requirements

Each of the 50 states in the United States has its own laws that contractors must comply with. In California State, the Department of Consumer Affairs, Contractors States License Board (CLSB) is saddled with this responsibility. The board is also responsible for administrative services to contractors and their clients and investigating related complaints. California Contractor […]

Contractor Insurance a Beneficial Necessity

Contractor Insurance a Beneficial Necessity Contractor insurance is an extremely important protection for many professionals who make their living through contracted building and development work. Along with general contractors, other professionals that rely on the protection offered by contractors insurance include: Builders, developers, trade and artisan contractors who specialize in such processes as carpentry, plumbing, […]

Contractors Liability Insurance

Contractors Liability Insurance A combination of skills, licenses and adequate business insurance gives your company an edge among your competitors and makes you more credible and reliable to prospective clients. Additionally, as a contractor, your company is exposed to potential damages and lawsuits that may send you out of business if you lack a stable […]