The LHBA GL Trust has successfully resolved over 750 Louisiana construction defect claims since it’s inception in 2003. One of the biggest factors in how the case will ultimately resolve is whether there are quality contracts in place with your clients and your subcontractors. What makes all this more challenging is that, depending on whether…
When it’s time to hang up your toolbelt and retire, one of your top checklist items may be to cancel your commercial insurance coverage. You have found a buyer or maybe you are shutting down the business altogether, and ending your coverage seems like a logical step before you sail off into the sunset. Or…
Protecting yourself may not be high on your “to-do” list as a residential builder, but it should be. While you may be busy with subcontractor scheduling, ordering materials, banking and HR issues, and so on, you may be ignoring the most important aspect of your business, you. Many general contractors don’t always know what kind…
As a residential builder, protecting yourself should be a priority. Here’s why and what you can do: Importance of Protection While managing subcontractors, ordering materials, and handling various business aspects, it’s easy to overlook personal protection. However, ensuring you have the right coverage is crucial. Not being adequately protected can lead to severe financial consequences…