by henry | Nov 7, 2018 | Blog, Contractor Insurance
Maybe you’re a long-time independent contractor looking to expand the services you offer. Perhaps you’re an investor with a big idea and enough gumption to try and turn that idea into reality. At any rate, the first step on the path is creating a business plan. Not...
by henry | Oct 20, 2018 | Blog, Contractor Insurance
Business entities sometimes need to transfer risks to another entity. This is especially true of sub-contractors who take on jobs governed by a larger contractor, also known as a general contractor. The proof you need to make sure that you are safe, should you and the...
by Farmer Brown Insurance | Oct 4, 2018 | Blog, Contractor Insurance
Smaller contractors generally have a limited understanding of how classifying workers as either employees or subcontractors affect the various types of insurance. This simple distinction can land you in proverbial quicksand and before you know it your overhead. This...
by Gabriela Davila Besson | Sep 12, 2018 | Blog
Restaurants carry a significant cost to the owner in terms of rent, as well as acquiring space, equipment, general food, and other supplies. Depending on your financial muscle, the business is either funded by a financial institution such as a bank, or your savings....
by Gabriela Davila Besson | Sep 10, 2018 | Blog, Personal Insurance
Car insurance is the most common form of insurance, and a must have for all vehicles, private or commercial. This is because it is mandatory by law. Car insurance serves two purposes: Third party liability – These are parties besides the driver who may be involved in...
by Gabriela Davila Besson | Sep 7, 2018 | Blog, Personal Insurance
According to insurance providers, a vacant home is a house left unoccupied for 30 to 60 consecutive days. Such a home is exposed to burglary, vandalism, or damage by natural causes. Unoccupied houses contain personal effects and property, whereas vacant homes do not....
by Gabriela Davila Besson | Sep 5, 2018 | Blog, Surety Bonds
The cost of insurance is a rather minor expense compared to the benefits contained in the cover. The amount paid every month does not compare to the kind of risk you expose yourself to by failing to undertake the cover. If you think of insurance as an additional...
by Gabriela Davila Besson | Aug 31, 2018 | Blog, Commercial Insurance
Handling insurance intricacies of any kind is a complex task. Learning the ins and outs of business insurance for general contractors is no exception. These types of policies must account for potential costs like accidents and injuries on the job, and weather-related...
by Farmer Brown Insurance | May 14, 2018 | Blog, Surety Bonds
What is a Bid Bond? Welcome to part 1 of our 2 part educational series on Bid Bonds Bid bonds are not an insurance policy, they are a written guaranty from a third party guarantor like a surety company or insurer. A guaranty is submitted to a project owner by a...
by Farmer Brown Insurance | May 14, 2018 | Blog, Surety Bonds
What can I do if my credit score is below 700? Welcome to part 2 of our 2 part educational series on Bid Bonds. In situations where the personal credit is not very good, a credit report should be obtained particularly when obtaining a bid bond. This report should be...
