In today’s tough business environment, saving every penny and avoiding unnecessary costs can determine whether or not your doors stay open. Plus, we also know that workplace accidents happen. It’s not a matter of IF an accident will happen, it’s just a matter of when that accident will happen. Below are some of the best …

Discover How Successful Contractors Save Money on their Workers Compensation Insurance Read More »

Contractor insurance is an important tool to help safeguard against accidental loss. To get the most out of your insurance, it’s essential to understand key concepts, such as the difference between a Certificate Holder and an Additional Insured and since Since our mission at The Contractors Resource Center is to make contractors’ insurance as simple …

Certificate Holder vs. Additional Insured – What’s the Difference? Read More »

The Federal Trade Commission today issued a proposed order requiring Denver-based HomeAdvisor, Inc. – a company affiliated with Angi, formerly known as “Angie’s List” – to pay up to $7.2 million for using a wide range of deceptive and misleading tactics in selling home improvement project leads to service providers, including small businesses operating in the “gig” …

HomeAdvisor to refund home service providers millions of dollars and stop misleading them about the quality of its leads Read More »

Effective January 1, 2023, a new California law Senate Bill 216, Chapter 978, requires Proof of Workers’ Compensation Insurance on file with the CSLB for C-8 Concrete; C20 HVAC; C-22 Asbestos Abatement; and D-49 Tree Service. As of that date, no license in these classifications will be issued, reinstated, reactivated, or renewed without Proof of …

Effective Jan 1, 2023, Workers Compensation Insurance Required for: C-20 HVAC, C-8 Concrete, D-49 Tree Service and C-22 Asbestos Abatement Read More »

Effective January 1, 2023, the Contractors State License Board of California (CSLB) will increase a contractor license bond from $15,000 to $25,000 as detailed in Senate Bill 607.  The increase applies to the contractor license bond (from $15,000 to $25,000) and the bond of qualifying individual (from $12,500 to $25,000) To get your Contractor Bond …

Contractor License Bonds Increase January 1, 2023 Read More »

The California Contractors State License Board (CSLB) requires all licensed contractors or license applicants to obtain a license bond, or bond equivalent, as a condition for being licensed. As outlined in section 7071.6 of the California Business & Professions Code, the bond is for the benefit of a contractor’s customers if they are financially harmed …

California Contractor Bonds – What They Are – Why You Need Them & How to Get the Best Pricing! Read More »