An invisible shift is happening in the insurance sector as business owners, like contractors, are moving away from generalist agencies for firms dealing in niche areas. The need for specialized ...

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: ...

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 ...

Business insurance can help protect 1099 contract workers from liability and other risks. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...

As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking ...

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 ...

Innovation in contractor insurance streamlines the verification process and greatly benefits businesses of all sizes. Jobsite safety and the wellbeing of workers on the ground are top priorities for ...

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.

An insured, bonded contractor offers more financial protection if something goes wrong or someone is injured during construction. It's not enough to rely on the contractor's word that he's got ...