Category Archives: Finance Guide

Errors and Omissions Insurance – A Vital Component in Protecting Against the Unexpected

Many business owners have taken the necessary steps to insure against injury and property losses, using traditional commercial insurance coverage. They may not have considered professional negligence. Errors and Omissions (E&O) insurance, also known as Professional Liability insurance, protects organizations or individuals against claims of financial loss due to negligence in the delivery of professional […]

Does State Farm Homeowners Insurance Cover Asbestos Removal?

Are you a homeowner worried about asbestos lurking in your home? Asbestos is a naturally occurring mineral that was widely used in building materials due to its fire-resistant properties. However, it’s been linked to various health issues like lung cancer and mesothelioma. If you’re wondering if your State Farm Homeowners Insurance covers asbestos removal, keep […]

Building Contractors – 5 Tips For Getting the Best Insurance Policy Audit Results

All building contractors working in North Carolina who carry either a NC general liability insurance policy or a NC workers compensation insurance policy, or both, probably know that these insurance policies are subject to an annual audit. Few contractors realize that they have the ability to tilt the odds in their favor during an annual audit. If you’re […]

Why Covering the Pollution Exposures of HVAC/Mechanical Contractors Cannot Be Overlooked

Today’s insurance market presents unique challenges to HVAC and Mechanical Contractors. Although they are considered traditional contracting risk, they have become the center of mold-related claims and pollution over the past few years. The trend to hold these contractors to a higher standard that other trades is exacerbated by the fact that they are now […]