How to take advantage of Robots in the Construction Industry In the construction industry, more organizations are beginning to use robots to conduct their daily operations and streamline processes. This inclusion of innovative technology may sound complex, but robots are commonly used in the construction industry. Do you remember what the robots you imagined asRead more
Must-Have Types of Insurance Coverage for Construction Projects Because prevention is the best line of defense, accurate and streamlined COI tracking is a must-have. Your insurance certificate collection and management should not be another risk. To help you assure you are accounting for all risks, we are going to explain the most common liabilities inRead more
How Agribusiness Owners can bolster Risk Management efforts Agriculture is an industry that continuously must manage risks and ensure protection against several types of potential damages. When we talk about Risk Management in the industry, owners need to cover all bases from growing crops to machinery and going to market. In this industry, a delay,Read more
5 Insurance Policies to Protect Your Business Against Halloween Tricks There are five insurance policies that every business needs, especially during the Halloween season. Keep reading and discover the must-have coverages to be protected from October’s insurance horrors. You know the feeling you get when you are watching a scary movie and you know somethingRead more
The Difference Between Loss Payee & Additional Insured Loss Payees and Additional Insureds may sound similar and lead to confusion because both options extend the named insured’s coverage to a third party. Below the surface, is where the parallels between these two coverage options end. The two concepts are quite different in their scope andRead more
Should You Require Liability Insurance Coverage for Subcontractors? Contractors and subcontractors face situations that can leave them liable for damages. As a result of this, general liability insurance is essential coverage in construction. According to Investopedia, general liability insurance has three main functions: Protects the insured and their business from legal fees and damage resultingRead more
What is the Difference Between Indemnification and Insurance? Indemnity is a common practice used in many contracts and is not always associated with insurance. On the other hand, there is no insurance policy without indemnification. It is important to understand the difference between these two and how they work together to ensure protection under anRead more
What Insurance do You Need for Aircraft Coverage? Aviation Insurance also referred to as Aircraft Insurance, is a type of liability insurance required for aircraft. This insurance covers different types of planes including standard aircraft, experimental, vintage, and seaplanes. While Aircraft Insurance covers the cost of repairs or replacement for damaged airplanes, it is alsoRead more
How to Avoid the 5 Most Common Errors on Insurance Certificates No matter your industry, you must make sure to cover the risks your company faces. The best way to do this is with the correct Certificate of Insurance (COI). There are many misconceptions about COIs and to avoid important errors when collecting and trackingRead more
2021’s Most Common Insurance Policies for Construction Projects If you are a contractor, you have experience with construction insurance. Because construction projects are huge undertakings, you understand the importance of having specific insurance policies in place. In construction, no contractors have the same insurance policy. These different policies can also focus on various aspects ofRead more
