I often get this question with the additional insureds certificates and what they mean and what they are. The biggest one I want to discuss is the Waiver of Subrogation, primarily with workers’ comp. A Waiver of Subrogation means the…
Worker’s comp analysis is where we take your loss runs, take your worksheets from the state, and put them together to ensure that the experience modification is accurate. There have been many times when claims are going on with your…
Claims management is a process in which we look at a contractor’s company that is probably at a certain size and will receive claims. We know that at a certain level, you want to reach first-in-class insurance and have first-in-class…
Understand Hold Harmless Agreement First, your insurance company needs a contract stating that you have requirements for insurance that subs have to hold when working for you. One would be ensuring they have a Hold Harmless Agreement inside their agreement…
I’m pretty confident that if you asked anyone who has ever owned a rental property you would get an overwhelming response that it’s not as lucrative or easy as they thought it would be. In fact, owning a rental property…
I was recently asked this question by one of our Contractors Risk Solutions clients, and thought I would share the answer here for our readers. There are a lot of things that go into homeowners and auto insurance rates, one of…
Why do my auto insurance rates keep going up even though my car is getting older? At Contractors Risk Solutions, many of our clients ask this question so I would like to address it from a couple of angles. First…
