Construction Payment Blog

The life of a contractor is a hectic one with most of the time spent on a jobsite — and a lot of places in between. With the amount of...

Business insurance can help mitigate occurrences or disasters that can severely impact or destroy the good standing of your business. It’s important to know which policies make the most sense...

The construction trade is full of potential pitfalls. Mistakes and accidents happen, and some of those issues can be extremely expensive. Whether a third party gets hurt around the job...

Despite your best efforts to protect building materials, any number of things can happen during the course of construction. Fire can destroy lumber and drywall, a severe storm can damage...

When it comes to protecting your contracting business from claims and lawsuits, it can be tough to know what type of insurance you should purchase. Small companies can’t afford to...

Professional liability insurance provides contractors coverage from financial losses that happen as a result of their errors, mistakes, or negligence. Unlike general liability insurance — which protects contractors when their...

An insurance policy rarely meets every contractor’s needs out of the box. Fortunately, endorsements offer one way to customize coverage. One of the most common endorsements you’ll likely encounter involves...

Errors and omissions (E&O) insurance covers contractors against financial loss resulting from mistakes, errors, or claims of negligence. While general liability insurance covers against claims related to injury or property...

When working in construction, your insurance policy gets issued as a fairly standard contract. At the core, you have property coverage for your tools and equipment, along with a liability...

Retainage: It’s been a hot button topic in the construction industry for years. Given the slim profit margins on construction projects, retainage practices can be incredibly frustrating for contractors. However,...