What Insurance Do You Need for a Luxury Vehicle?

Properly Protect Your Valuable Vehicle  Buying a luxury car is exciting. Taking it out for a spin is an even better feeling. Whether it’s a Porsche, Rolls Royce, Bentley, Ferrari,

How an OCIP Can Transfer Risk for Owners and Developers

Understand how you can transfer risk with an insurance policy. Owners and developers involved in construction projects must deal with the inherent risks involved with such projects. Their options are

Liability Coverage for Construction Contractors

Mitigating Potential Losses From Contracting Injuries  With every contracting job, there comes a certain amount of risks. When you hire a contractor, you are outsourcing a part of your business

OCIPS: Project-Specific Liability for Condos

How OCIPs Are Used for Condominium Projects Owner-controlled insurance programs (OCIPs), or “wrap-ups”, are project-specific insurance policies designed to cover the job site risks and completed operations exposures of the

Construction Wrap-Up Insurance: What You Need to Know

How Construction Wrap-Up Insurance is Beneficial Owners, developers, construction managers, and general contractors face a host of insurance uncertainties with every project. While no insurance program can eliminate every uncertainty,

How an OCIP Works

Understanding an Owner-Controlled Insurance Program  The prospect of your project needing an insurance policy means that you should understand how said insurance works. When you are looking for coverage for

Understanding Builder’s Risk

Basics of Builder’s Risk Insurance Whether your contracting business is large or small, you face risks during the course of your projects. Construction insurance, or builder’s risk insurance, is designed

What is a Controlled Insurance Program?

What You Need to Know About Controlled Insurance Programs  A Controlled Insurance Program (CIP) is also known as a wrap-up insurance policy. It is a program that provides onsite insurance

Advantages of Securing an OCIP for Your Next Project

Considering an OCIP? Read on for the top benefits. Most contractors operating in the United States have participated in an OCIP. It protects the project owner and is designed to

Tips for Effective Subcontractor Prequalification

Key Considerations When Evaluating Your Prequalification Process Prequalification is the process of assessing any potential subcontractor’s ability to borrow money and honor that debt. It’s used to determine the estimated