Contractors: How stable is your surety relationship?

construction-silhouette

The construction economy hasn’t exactly shifted into high gear just yet, but the future looks a lot brighter. As we move into 2014, contractors gearing up to pursue public works projects or other bonded work will want to ask yourself: where do I stand with my surety? Your capacity to qualify for the best terms on your surety bond program creates business opportunities for you and protects the interest of the community that depends on your work.


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Contractor selection key to successful construction project

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If your family or business is planning a construction project in 2014, you can help assure your project’s success by selecting a qualified general contractor. Business owners and homeowners can mitigate construction risks by asking a lot of questions up front and weighing several factors before hiring a contractor.


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How to protect yourself from fraud

contractor-working

Lightning doesn’t strike the same place twice, but disaster can if you fall victim to unscrupulous contractors. The National Insurance Crime Bureau reports that insurance fraud accounts for about 10 percent of all property casualty claims. While the majority of contractors are trustworthy, some take advantage of vulnerable policyholders, and the added expense can result in higher insurance costs for all consumers. Protect yourself from scams by considering these tips on what to do when someone offers services:


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