Project owners and general contractors are now increasingly using COIs as gatekeeping tools rather than as formal ...

Contractor insurance can protect your business in case of lawsuits and other claims. It’s usually a package of policies. Many, or all, of the products featured on this page are from our advertising ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over ...

Contractor insurance with general liability coverage will cost, on average, $142 per month. Rates can be affected by multiple factors, such as the type of coverage a contractor purchases, the number ...

The COVID-19 pandemic has caused construction project delays and cancellations, and shut down many site operations. Construction work that’s allowed to continue exposes companies to a new risk: ...

General liability insurance for electrical contractors costs, on average, $48 per month. The total cost of coverage will depend on the type of insurance purchased, the coverage limits selected, the ...

With many construction projects being put on hold indefinitely, it's apparent this pandemic will have even more significant implications in the construction and contracting business in the future.

Whether you’re embarking on something as small as replacing cabinets or as large as building an addition, there’s a good chance you’re putting your most valuable asset in the hands of someone you ...

We are frequently asked by businesses about workers’ compensation coverage for independent contractors. Clients ask us: Can our company cover independent contractors with workers’ compensation ...