Checking Your PHX Business Insurance. Recently, I sat down with a potential new client to discuss their insurance options for their Phoenix business. Before I started looking at exactly what their Phoenix business actually did and what coverages were necessary to protect the business, the owner tells me that he figures a simple General Liability Insurance Policy will cover his entire operation, which was as far from the truth as you could possibly get.
In fact, we wrote three additional insurance coverages that provided needed protection for his company, which included Professional Liability Coverage, Cyber Liability Coverage, and Directors & Officers Liability Coverage. If it has been a while since you have reviewed your current insurance program, we welcome the opportunity to work with your company on your insurance needs! Phoenix, Arizona In this particular instance, this client not only was a General Contractor, but he also drew plans for his clients. Written By: PJO Insurance Brokerage By Patrick O’ Neill 4103 E. Proper Use of Sub-Contractors in Your Business|PJO Insurance Brokerage. When General Contractors come to our office to discuss acquiring an Orange County, CA General Liability policy, many of them say “We have no employees, and I sub everything out; so shouldn’t the premium be lower?”
In many instances, this is the case, but when we discuss the finer points of just what a sub-contractor is, and what the GC needs to do to stay in compliance, it becomes quite a different story. Usually, what we hear from the GC is “We will just 1099 them, so that makes them a sub-contractor, right?” This is most definitely not the case. The very first action a GC should take if they are going to use sub-contractors is to have their company listed as an additional insured on the sub’s General Liability Insurance policy–no exceptions on this one! Also, the GC needs to make sure that the sub has workers compensation insurance as well.
Let us give you an example of what could possibly happen to your business when the proper procedures are not followed. Written By: ShareThis. The Role of the Sub-Contractor in Your Business | PJO Insurance. When we sit down with potential clients such as General Contractors, one of the first things we hear from them is “I sub everything out and, therefore, my insurance should be lower”, which many times it is, but where it gets interesting is when we go over exactly what constitutes a subcontractor and what the General Contractor needs to know and do. One of the first things I hear from General Contractors is “I just 1099 them, so that makes them a subcontractor, right?” Nothing could be further from the truth. First of all, if you are going to utilize subcontractors, they must have current Scottsdale General Liability Insurance and also name your company as an additional insured on their policy. In addition, the subcontractor must have workers’ compensation insurance as well.
We highly recommend that clients sit down with a professional and experienced Arizona contractor insurance broker to review how they are using their subcontractors and to make sure they are covered. Written By: California Roofing Insurance | PJO Brokerage Orange County. Phoenix Roofing Insurance By PJO Brokerage. Scottsdale Roofing Insurance By PJO Brokerage. Contractor Insurance in Phoenix Arizona Provided By PJO Brokerage. Business Insurance » Phoenix Contractor Insurance Obtaining Insurance For Your Contracting Business In Phoenix AZ – Protection For You & Your Business Do you need to protect yourself or your business? Are you properly insured as a contractor? Having the proper insurance policies and coverages are essential to any big build, or construction project. Through PJO Insurance Brokerage our AZ contractor’s insurance is offered to all license classes as well as offering insurance for a number of different professionals that all benefit from having contractor’s insurance!
Construction workers or contractorsroofing contractorsframersmasonsand electricians Contractor’s insurance also helps establish credibility for your service or business, as customers are more likely to go with insured service providers. Video: Phoenix Business Insurance By PJO Brokerage Risks & Liabilities Without Contractor’s Insurance What Phoenix Contractor Insurance Policy Covers ShareThis.
Builders Risk Insurance Explained By PJO Brokerage. November 11, 2013 – Scottsdale, Arizona Recently, I was talking with a potential client who was in the process of obtaining a contractor’s license to build his own custom home. Once we secured him all the bonding he required, we asked him about looking into a builder’s risk/cost of construction insurance policy for his new custom home while it was under construction. His response was, since he already had a homeowner’s policy on his current home and since he planned to occupy this new home, he assumed that his current homeowner’s policy covered this new one as well.
I can’t tell you how many times I have heard this response in the past, and this couldn’t be further from the truth. Most builders risk policies will contain coverage for damage that is done to the insured structure by such causes of loss as Fire, Wind, (although in some coastal areas this coverage may be limited or excluded) Theft, Hail, Lightning, Explosion, and Vandalism. Written By: Patrick O’Neill – Owner. Architects and Construction Insurance By PJO Brokerage. Builders Risk/Cost of Construction Insurance Builders Risk/Cost of Construction Insurance With the real estate market rebounding, the insurance markets are seeing a great uptick in the purchase of Builder’s Risk Insurance or Cost of construction, as it is also known.
Builder’s Risk Insurance/Cost of Construction … Builders Risk/Cost of Construction Insurance Explained Builders Risk/Cost of Construction Insurance Explained November 11, 2013 – Scottsdale, Arizona Recently, I was talking with a potential client who was in the process of obtaining a contractor’s license to build his own custom home.
Once we secured him … Errors & Omissions Insurance Errors & Omissions Insurance E & O Insurance is business liability insurance for professionals such as insurance agents, real estate agents and brokers, architects, third party administrators and other business professionals. Child Care / Day Care Insurance. Builders Risk/Cost of Construction Insurance By PJO Brokerage. Builders Risk/Cost of Construction Insurance Explained Builders Risk/Cost of Construction Insurance Explained November 11, 2013 – Scottsdale, Arizona Recently, I was talking with a potential client who was in the process of obtaining a contractor’s license to build his own custom home.
Once we secured him … Architects, Engs & Construction Architects, Engineers, Construction Managers PJO Insurance Brokerage, LLCis excited to be offering insurance for the following groups: Architects – Design Build Firms; Engineers – Interior Designers; Construction Managers – Landscape Architects as well as General Contractors – Testing Laboratories. Architects, … Property/Inland Marine Coverage Property/Inland Marine Coverage Property insurance can provide protection against most risks to your property, risks such as fire, theft and some weather damage.
FAQs Orange County FAQs Business General Liability Coverage: Q: What is the purpose of General Liability Coverage? Arizona Contractor Insurance | Contractor Insurance in Arizona. Business Insurance » It’s important to have quality and proper Arizona Contractors Insurance, and necessary, in many cases, as well as helpful in gaining clients as they respect and feel safer and more comfortable working with contractors who are covered in the event of an accident that may cause injury or property damages.
As a contractor you will want to protect yourself, and obtaining insurance that suits your needs and that of your company’s is essential. Protecting Your Livelihood With Contractors Insurance Contracting as a company and as an individual can be a risky business, as any time you combine manpower, equipment operation, and complicated construction structures, chances are that an accident or injury can occur, even if you consistently follow proper safety techniques.
Additional Contractors Insurance Coverage Obtaining the necessary coverage and specific policy for you can be done through PJO Brokerage at an affordable and competitive price. Contractors Professional Liability Insurance 101 | PJO Brokerage. September 9, 2013 – Scottsdale, Arizona In developing this month’s PJO Arizona Blog, the idea for this article came to me by talking with several of my contractor clients when working on their renewals. In discussing a client’s needs for the coming year, the subject of professional liability came up when I asked a contractor who was starting to build fifteen new custom homes on some land he owned, “Who is designing these homes?” The answer turned out to be that he was designing the homes. I then explained to him that his General Liability Insurance Policy would not cover any liability claims arising out of his activities designing these homes. After discussing this, I also informed him that there was also the possibility of a claim being denied on his General Liability policy because he had designed the homes and he was also acting as the General Contractor.
Written By: Patrick O’Neill – Owner Category: Liability Insurance Genre: Business ShareThis. Arizona Contractors Insurance | Insurance for Contractors in Phoenix AZ. Business Insurance » Services » We specialize in insurance for contractors – large and small – working in the construction industry. We have access to numerous carriers who cater to the construction industry including but not limited to Lloyd’s of London, Cover X, Maxum Insurance, Western Heritage, Atlantic Casualty, to name a few.
We also have markets for hard to place contractors, such as roofers and those that do tract work. Covered general liability claims can include bodily injury, property damage, personal injury, and advertising injury. If you are controlling all phases of designing and building projects, do you truly understand – and are you covered for – the additional liabilities you are incurring? Do you have adequate coverage through Builders Risk Insurance or Installation Floaters to protect your work-in-progress, as well as materials on a job site, in the event they are damaged by forces out of your control?
Services for Bonding Insurance By PJO Brokerage. Business Insurance » Services » Bonding Insurance Do you have a solid, working relationship with a surety agent who can assist you in obtaining the various bonds you need? Well you do now! PJO Insurance has access to all types of bonds including contractors bonds (all classes), pay-performance bonds, sales tax bonds, surety bonds, license bonds and permit bonds; and we will help you with all the required paperwork. A surety agent is the professional guiding you to obtain the appropriate bonding insurance for your needs.
These bonding insurances can protect your project and the accompanying financial investment. For example, there are Contractor Bonds, Pay-Performance Bonds, License Bonds, Permit Bonds and Surety Bonds. Contractor Bonds In Arizona, a new contractor must file a Contractor’s Bond in the amount specified for that Contractor’s license classification, and estimated annual gross volume. Pay-Performance Bonds License Bonds Permit Bonds Surety Bonds ShareThis.
Scottsdale Contractor Insurance | Scottsdale Arizona Contractor Insurance Coverage. Business Insurance » Getting The Right Insurance For Your Scottsdale Contracting Firm Contractor’s Insurance is beneficial for every contractor, everywhere! In fact you may even find it quite a difficult task to find work without a reputable form of insurance coverage to show clients, including coverages like PJO Brokerage’s offered Phoenix Commercial General Liability Insurance included in most Contractor’s Insurance policies! This could apply to any type of company or individual that may be involved in building or general contracting, construction work, as well as independent contractors in fields such as technology and consulting. Gaining this necessary protection, including coverage for: are made possible through PJO Brokerage! How To Obtain Competitive Quotes For Contractors Insurance Plans In Scottsdale Arizona – Offered Contractor Coverages Available Contractors demand a level of insurance plans beyond other corporations.
Licensed, Bonded And Insured Contractors Build Confidence.