A Commercial General Liability (CGL) policy protects your business from financial loss should you be liable for property damage or personal and advertising injury caused by your services, business operations or your employees. It covers non-professional negligent acts. Understanding this coverage is an important first step in managing CGL risks. Here are just a few examples of …
Homeowners are looking for skilled home repair professionals. Service providers – plumbers, remodelers, landscapers, etc. – are looking for customers. That match used to happen through word of mouth or perhaps a sign on a community bulletin board. Now companies like HomeAdvisor collect information about homeowners and then sell those leads to service providers. But an …
FTC Complaint alleges HomeAdvisor misled contractors about leads – Who’s Surprised? Read More »
Why should you, a construction business owner, consider incorporation? Oftentimes, people believe the default to be sole proprietorship. So, why should a construction professional look into incorporation? What are the benefits? Anyone who goes into business should incorporate, but this is especially the case for those in the construction business. Because of the many ways …
Before we jump into what an Injury and Illness Prevention Program (IIPP) is and why it is required by law, we want to let you know that we are here to help if you do not have these programs in place yet. We can provide you with IIPP templates that you can use to get …
What is an Injury and Illness Prevention Program (IIPP) and How to I Start One? Read More »
Before we can understand what a waiver of subrogation is, we should first discuss the rights of subrogation. What does subrogate even mean? Subrogation refers to one party stepping into the shoes of another party and assuming the second party’s rights and responsibilities. It essentially allows one party to take the place of another and is extremely …
What Is an LLC Employee/Worker Bond? The $100,000 LLC employee/worker bond is required for all contractors in California with a business entity registered as an LLC (Limited Liability Company). An LLC employee/worker bond serves those employed by an LLC construction business in the event they are not compensated properly for performed work including wages, …
LLC Employee/Worker Bonds – What Are They & How Much do they cost? Read More »
