Navigating the Basics of Construction Insurance: A Guide for Contractors
Throughout a project’s development and construction phase, property owners, developers, and contractors must acquire various types of insurance to protect their projects. Construction insurance is a business insurance that enables you to manage risks and comply with legal requirements. When finding the appropriate insurance options, BTC Insurance may have the solutions. Business Insurance for Common […]
What is Construction E & O?
Construction Errors & Omissions (E&O) Insurance is something that you might need when working on that next large project. As a contractor, you know that a construction site is a hive of activity. With so many moving parts and the stress of deadlines, there’s always a chance of making mistakes. While most minor errors don’t […]
How Your Business Could Survive Winter Construction
Fixing buildings never ends, and knowing how your business can survive winter construction is essential to know how to prosper. According to statistics, the construction industry in the U.S. is worth an estimated $1.6 trillion. With so much money on the line, it makes sense that construction companies would feel pressure to continue working year-round […]
The Advantages of Construction in the Fall Season
There are advantages of scheduling construction in the fall season to implement a more efficient workflow and finish the job on time. Determining the right time for construction involves several factors: the weather, your contractor’s heavy construction insurance status, and your plans for the building, to name a few. While choosing your preferred season for such work […]
A Closer Look at the Construction Industry & Environmental Liability
Booming construction in Utah and in states across the nation are a strong indicator of economic growth. The construction trades in Utah face numerous risks in their daily operations, necessitating the protection of Utah construction insurance. Environmental liability, such as unexpected pollution or wastewater discharges, has been a source of confusion for many construction contractors. Damage caused […]
Adequately Managing Construction Risk
Throughout the business world, risk management is an important part of the operational puzzle. For certain higher-risk sectors such as construction, assessing and mitigating risks before they lead to an injury or property damage makes financial sense. Risk management is typically built on a foundation of property and casualty protection, combined with strategies for reducing […]
