Construction is an exhilarating as well as risky business. On the one hand, there is nothing compared to the joy of watching a building be created from scratch. On the other hand, each project’s construction risks are a constant source of stress for everyone involved. Knowledge and planning are the only ways to reduce risks. Here are some risks for the construction industry and how
Business insurance plays an indispensable role in the world economy by protecting companies from different forms of financial loss and damages. It assumes the risks that come with the production and delivery of goods and services, shielding enterprises from failure. Why is it important to insure your business and what are the common types of commercial insurance in North Carolina?
Without comprehensive business insurance coverage, you may be facing a significant risk of irreversible loss if you incur property damage, theft of assets, liability lawsuits, and more. Even if you had sufficient protection a couple of years ago, a lot might have changed since then. Therefore, you may need to take a fresh look at your business insurance plan to
If you’re a small business owner, such as a contractor, most potential clients will ask to see your proof of insurance before hiring you. Your insurer or insurance agent should typically be able to provide these documents if your policy is active. However, how do insurance certificates work, what are they, and who needs them? Equally important, why are COIs