As the economy picks up, the utilization of risk transfer methods—including the purchase of quality insurance—is as important as ever. From the start-up to the experienced contractor, each one has corporate assets, future earning potential, as well as the welfare of the workers who depend on them for employment, to think about. One way to become distracted, and even outright diverted from your growth goals, is to have losses that are uncovered by insurance.
For me, it underscores how critical the role of an insurance broker is. So with that in mind, I thought I might briefly address some areas that contractors should be paying particular attention to.