CSIS Insurance Services, Inc. Blog
Whether big or small, contractors face all sorts of problems from one project to another. That becomes the quintessential problem with all construction projects. A neophyte painting contractor or a general contractor with 20 years of experience will face the same risks. Despite getting contractors insurance, there are challenges. Here are five problems that you may encounter with contractors insurance as well as the recommended solutions.
The bad news is that many companies still do not hire full-time employees. That is one of the consequences of a sluggish economy. However, the good news is that many of these companies are hiring independent contractors. While contract jobs are merely temporary, they are actually the first step to becoming known before one can get into a full-time position in case one becomes available. Here are the four most popular contractor jobs at present.
You need commercial auto insurance to protect your company from claims by a third party who wants compensation for any bodily injury caused by the vehicle that your business owns. Auto liability coverage is like your typical insurance, so expect exclusions. There is no coverage for exclusions since these are risks that are uninsurable. The following are the usual exclusions specified in your commercial auto insurance policy.
If you start a small business, you may have to leave your job’s comfort zone and embrace an uncertain financial future. However, with proper planning, adequate initial capital, and a mind that is ready to take risks, then you can surely sustain the start-up period. These are the most important reasons why you should start your own business.
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