Umbrella insurance is a broad type of coverage used to protect restoration contractors for liability that exceeds the underlying insurance policies limits. It can give you access to higher limits of protection from risks at an affordable rate. It also can kick in to fill in gaps that other policies don’t cover. Increased financial protection from unexpected risks Even if your business is already covered under a General Liability Insurance policy, you might face a legal judgme

The following comes from a summary guide released by OSHA on preventing job site falls: Preventing Falls Workers are also subject to falls or the dangers of falling objects if sides and edges, floor holes, and wall openings are not protected. Falls and falling objects can result from unstable working surfaces, ladders that are not safely positioned, and misuse of fall protection. Any time a worker is at the height of six feet or more (construction industry) or four feet or mo

As auto insurance claims are among the most significant risk restoration contractors, we will share some insight into commercial auto safety over the next few posts. Fatigue Risk Management What do insurance companies look for? Proactive fatigue controls are established in advance of legislative compliance or significant loss. Fatigue training programs are formally established and applied consistently across all operations of the organization. Fatigue monitoring systems are e

Pricing a general liability policy is a balancing act. The insurance company has to assess how much risk they are taking on by covering your business. And to make an accurate evaluation, they need to know more about your company, its operations, and where its potential vulnerabilities may lie. So what factors do they evaluate for restoration contractors? General Liability Price Factor 1: Operations When it comes to risks, not all restoration contractors are created equal. Fo