Employee Litigation As employee-related litigation continues to rise, we thought it would be a good idea to show your contracting company where the litigation is coming from and what you can do to prevent it. In this post, we want to break down employee-related lawsuit statistics and show you just how big of a problem it is becoming for employers here in the U.S. We will then spend the next two posts focusing on what your restoration contracting company can do to prevent thes

Your insurance agent will typically ask you what type of construction you own, or lease is made out of during the insurance application process. If you own your building, you will naturally know the information off the top of your head. However, if you are leasing, this question can be a little more complicated. This question is very vital to insuring your restoration company. Depending upon the type of construction of your building, the rates can vary up to 50 percent o

What Is Pollution Insurance? Pollution insurance is a type of coverage created specifically to manage the costs associated with pollution clean-up and cover liability claims for pollution-related injuries, illnesses, or deaths. This type of commercial insurance was designed in response to the problem that liability claims were bankrupting companies, and therefore victims were not being compensated. Policies cover any small-scale pollution that causes contamination of soil, gr

Last week we began our discussion on insurance premium audits and how your restoration company can prepare for them. (You can find the full blog post here.) This week we want to talk about what your company can do to save money on the audit, avoid any premium increases, and answer your most common questions. How Can You Save Money? There are several ways you can save on premium dollars depending on your restoration company’s operations and insurance coverages. (Not all of