John Glover, Business Risk Management Consultant

02/28/2023

What insurance should a contractor carry?

Here is a basic list of insurance every contractor should consider.

1. Workers compensation – provides medical and wage benefits for employees injured on the job.
2. Commercial General liability – Provides coverage for liability from personal injury and property damage
3. Business Auto – Provides liability and physical damage coverage for a company vehicle. May include theft and other coverages too.
4. Inland marine ( Tools & Equipment) Provides coverage for tools & equipment in transit or at a job site.
5. Business property – Provides coverage for the personal property of a business ( computers, desks, chairs, copiers, contents of an office etc.)
6. Building – Provides coverage for a building you own.
7. Professional liability – Provides coverage for negligence, error, omissions, or inaccurate advise you give in your professional capacity
8. Builders Risk - Provides fire and vandalism coverage for building under construction.

Need help with insurance.? Call me today for a consultation. 209-365-4311
John Glover, Business Risk Management Consultant.
Leavitt United Insurance Lic. 0J02939, 0F22684

02/21/2023

Business auto insurance is an important investment for any Contractor that uses vehicles for their operations. It provides protection against financial losses that can occur due to accidents, vandalism, theft, and other damage. Business auto insurance can also cover liability for bodily injury and property damage caused by the business’s vehicles. Business auto insurance policies can be tailored to fit the specific needs of the business and can include coverage for rental vehicles, towing, and other services. It is important to understand the coverage and limits of the policy to ensure that the business is adequately protected. Contractors should also consider the cost of the policy and compare different providers to find the best value. Investing in business auto insurance is an important step to protect the business and its employees.

Need help with insurance.? Call me today for a consultation. 209-365-4311
John Glover, Business Risk Management Consultant.
Leavitt United Insurance Lic. 0J02939, 0F22684

02/13/2023

As a construction contractor, it's essential to understand the different types of additional insured endorsements that are available. Having the right additional insured endorsements can protect you from potential liabilities and provide peace of mind. With the right endorsements, you can be sure that you are covered in the event of an accident or other unfortunate circumstance. From blanket additional insured endorsements to project-specific endorsements, there are a variety of additional insured endorsements that can be tailored to meet your specific needs. With the right additional insured endorsements in place, you can rest assured that you are covered and protected from potential liabilities. Investing in the right additional insured endorsements is an important step in protecting yourself and your business.

Need help with insurance? Call me today for a consultation. 209-365-4311
John Glover, Business Risk Management Consultant.
Leavitt United Insurance Lic. 0J02939, 0F22684

02/06/2023

Why you should work with an independent insurance broker.

Working with an independent commercial insurance broker can be a great way to ensure that your business is properly protected. An independent broker can provide you with a wide range of options from different insurance providers, allowing you to compare prices and coverage to find the best fit for your business. They can also provide expert advice and guidance to help you understand the different types of coverage and the benefits of each. Additionally, an independent broker can help you save money by negotiating with insurance providers on your behalf to get you the best rates. They can also help you find the right coverage for your business, so you can be sure that you are properly protected. With an independent broker, you can rest assured that you are getting the best possible coverage at the best possible price.

Need help with insurance. Call me today for a consultation. 209-365-4311

John Glover, Business Risk Management Consultant.
Leavitt United Insurance Lic. 0J02939, 0F22684

01/26/2023

IMPORTANT news for California Contractors. Contact me if you need insurance.

Workers’ Compensation Insurance Required for Four Additional
License Classifications
Sacramento, CA – The Contractors State License Board (CSLB) wants to inform active
licensees that workers’ compensation insurance will be required for license classifications C-8
(Concrete), C-20 (Warm-Air Heating, Ventilating and Air-Conditioning), C-22 (Asbestos
Abatement), and D-49 (Tree Service) starting January 1, 2023, regardless of whether they
have employees.
The new requirement is the result of CSLB-sponsored Senate Bill 216, which Governor Gavin
Newsom signed into law on September 30, 2022. The bill also requires that all active
contractors – with or without employees – need to have a valid Certificate of Workers’
Compensation Insurance by January 1, 2026. Existing law already requires C-39 (Roofing)
contractors have workers’ compensation insurance. The only exception in SB 216 is for joint
venture licenses, which will still be able to file a certificate of exemption.
If by July 1, 2023, any active C-8, C-20, C-22, or D-49 licensee does not have workers’
compensation insurance, the licensee risks having the license suspended or classification(s)
removed. These contractors will need to have a valid and active certificate of insurance on file
with CSLB, which will be required for all licensees in 2026.

Need help with insurance. Call me today for a consultation. 209-365-4311
John Glover, Business Risk Management Consultant.
Leavitt United Isnurance Lic. 0J02939, 0F22684

Send a message to learn more

10/06/2022

Meet Bob the Contractor. He needs to buy Contractors General LIabiity Insurance. Come along with Bob as he learns the Tale of Two Quotes.

Need help with insurance? Call me today for a consultation. 209-365-4311
John Glover, Business Risk Management Consultant.
Leavitt United Insurance Lic. 0J02939, 0F22684

10/05/2022

For California contractor workers comp policies that renew effective 9/1/22 or later, the state workers comp rating bureau has changed the wage thresholds for various contractor classes. Click the link to see the changes.

Table of Contents Uniform Statistical Reporting Plan - Eliminated Classifications - New Classifications - Payroll Minimum and Maximum Changes - Construction Dual Wage Threshold Changes - Additional Notable Changes Experience Rating Plan Summary of Approved Changes to the Insurance Commissioner’s W...

09/24/2020

Do you know how claims are filed and managed? State Fund's free webinar on Oct. 8 will help answer your questions and put you in the know. Learn more and register:

08/09/2020

A theme park for Contractor kids

https://www.ventrac.com/ A Ventrac as an adventure ride at a theme park? Diggerland is the country’s only construction theme park where children and families...

08/06/2020

Are you a Contractor? Do you have your tools/equipment insured?
Some contractors assume their tools/equipment are covered by their liability policy.
It's not. If you need tools/equipment coverage call me at 209-365-4311

A major fencing operation that specialized in stolen power tools has been broken up by Oakland police with the arrest of a San Leandro man and the recovery of at least $300,00 worth of tools.

07/25/2020

What you need to know about 5 minute online quotes for Contractors.