The Hidden Risk of Ghost Policies in the Contracting Industry If you hire a contractor that has a Ghost Insurance Policy, and someone is injured on your property, you could be held responsible for all medical costs. Just because a contractor provides a certificate of insurance showing proof of coverage does not mean it actually […]
Searching for workers compensation insurance in California? As a licensed contractor, securing the right coverage—whether full workers compensation insurance for employees or a low-cost ghost policy for sole proprietors with no employees—is essential to avoid CSLB penalties and win more bids. With Senate Bill 1455 extending SB 216’s full mandate to January 1, 2028, now’s
Recent updates to the Contractors State License Law impact California contractors, requiring a clear understanding of Workers’ Compensation Insurance obligations to maintain your license. Whether you need a standard policy or a Workers’ Compensation Ghost Policy for contractors with no employees, compliance is critical to avoid penalties. The Contractors Resource Center is your trusted partner
California Contractors: Your Guide to Workers’ Compensation Insurance & Ghost Policies Read More »
As a contractor in California, your license is more than just a piece of paper—it’s the foundation of your business’s legitimacy and financial security. Yet, every year, countless contractors face license suspensions, often due to something as preventable as lapsed insurance coverage. At The Contractors Resource Center, we specialize in helping contractors like you maintain
In the construction industry, navigating insurance terms like waivers of subrogation and Owner Controlled Insurance Programs (OCIPs) is critical for managing risk and ensuring compliance with contracts. Below, we break down these concepts clearly to help contractors and business owners make informed decisions. What is a Waiver of Subrogation? A waiver of subrogation is an
Understanding Waivers of Subrogation and OCIP Exclusions in Construction Insurance Read More »
Sacramento, California, April 1, 2025 – The Contractors Resource Center, a business services company specializing in serving California Contractors with Legal, Financial, and Insurance Services has announced the availability of ContractorGUARD – an innovative Workers’ Compensation solution developed for California Contractors. “Rising insurance costs are a big concern for our business and Workers Compensation rates have
ContractorGUARD – Lowers Costs & Improves Profits for California Contractors! Read More »
