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 ...

If a property is at risk for loss or damage during construction, consider builder's risk insurance. Learn what builder's risk ...

General liability insurance for electrical contractors costs, on average, $48 per month. The total cost of coverage will depend on the type of insurance purchased, the coverage limits selected, the ...

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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 ...

The construction industry is a risky field to work in. The hazardous construction materials, sharp objects, steep drops and heavy equipment make it difficult for contractors to work hassle-free.

There’s no denying that construction work is full of risks. One brick out of place and everything you’ve worked on can come tumbling down. That’s why it’s a good idea to consider construction ...

Despite the challenges, the future of construction holds tremendous promise. New technologies, sustainable practices and smarter risk management are driving greater efficiency, safety and value.