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 »
The CA Contractors Board is increasing their fees for most of their applications and renewals. Of note, they are increasing renewal fees for Corporations, LLCs, Partnerships, and Joint Ventures, while Sole Ownerships retain the same renewal fee except for inactive renewals. The renewal fee schedule is listed below: Sole Ownerships Active License – (on or …
CA Contractors State License Board Increasing Fees as of January 1, 2022 Read More »
If you’re in the process of buying a house, it won’t be long before mortgage life insurance offers start arriving in the mail. Sold by mortgage lenders and insurance companies, mortgage life insurance (sometimes called Mortgage Protection Insurance) pays off your home loan if you die with a balance. The idea sounds sensible: Your family …
Yes, it’s true! You can legally get your Contractor’s License without having to study for and stress about taking and passing the California State Contractors License Board (CSLB) Contractors License Test by working with a Responsible Managing Officer (RMO), a licensed contractor whose experience will waive your exam requirement. Your company will be issued a …
Get Your California Contractors License Without Having to Take a Test! Read More »
The article below is from the Covered California website and highlights what you need to know about the 2022 open-enrollment period. If you would like to connect with our health insurance advisor and review your options, contact Reggie Conley at: 916.712.0401 or [email protected]. Reggie has decades of experience in working with individuals, families, and small …
