Aegis Blog

Identifying Risks in Your Construction Business

Identifying Risks in Your Construction Business

Artisan contractors and construction industry professionals face more potential for loss than business owners in other industries. You don't need to shy away from risk. We're going to walk you through facing your risk head-on and show you how to turn fear of the unknown into certainty. The first step: identifying and understanding your risk. Why Identify Risk? Identifying and understanding your business risk is the first step in risk management. Managing your risk reduces the likelihood your business ...
The Contractor Insurance Guide to Risk Management

The Contractor Insurance Guide to Risk Management

Want to reduce the risk your construction business faces? Sure, that's a given. Because living in fear that a risk could bring your business to its knees is no fun at all. And if you're a sole proprietor of a small, artisan contracting business, worrying that business risk is putting your personal assets on the line is even worse. A little knowledge of contractor insurance policies and risk management practices can offer you the protection ...
Contractor Insurance Dos and Don'ts

Contractor Insurance Dos and Don'ts

You need insurance for your construction business, but you don't want to spend too much or too little on it. If you're paying too much for your contractor insurance, you're tying up cash that you could use to help your business grow. But spend too little, and you may be sacrificing coverage -- and there's nothing worse than finding out after-the-fact that you don't have enough coverage if something goes wrong. Contractor Insurance Dos and Don'ts These ...
The Contractor Insurance Policies You Need for 2020

The Contractor Insurance Policies You Need for 2020

If you're taking a "set it and forget it" approach to your contractor insurance, you could be leaving your construction business vulnerable and exposed to a host of ever-changing risks. When it comes time to renew your annual policies, take a moment to ensure your construction business is covered against the risks it faces today -- which could be quite different than the ones it faced in previous years. Take a look at the construction insurance ...
 10 Growth Strategies to Take Your Contractor Business Next Level

10 Growth Strategies to Take Your Contractor Business Next Level

Ready, set, grow! Take your contractor business to the next level this year with ten growth strategies designed to help you expand and bring in more profits.  Ready to level up? Here’s how: Update Your Contractor Website You don’t have to look far to find potential new clients. They’re online.  A website is your new business card. You can demonstrate professionalism and make a good first impression in a millisecond if your contractor website is modern, polished, and ...
5 Must Have Contractor Insurance Policies for 2020

5 Must Have Contractor Insurance Policies for 2020

Construction professionals tackle some of the riskiest jobs. Like any other business owner, the right insurance policies will help protect you from financial losses if anything goes wrong. But, unlike other business owners, contractors face specialized risks that need specialized coverage. After all, your employees are climbing on rooftops clutching pneumatic roofing nail guns… not making froth art for cappuccinos. Is your contractor insurance built to protect you? Here are five must-have contractor insurance policies to have ...
What is Course of Construction Insurance?

What is Course of Construction Insurance?

Designed to protect construction projects that are in progress along with tools and equipment on the job site, course of construction coverage helps protect you from financial losses caused by natural disasters, vandalism, theft, or fire. Also called builders risk insurance, the short explanation of what this policy does for your construction business is simple: It protects your business' investment in an active construction project. Course of Construction Has You Covered Taking out a course of construction policy ...
How to Save Money on Tools and Equipment Insurance Coverage

How to Save Money on Tools and Equipment Insurance Coverage

You know that insurance coverage is important for your business. But paying for insurance can feel like, well, a real pain. You want to protect the tools and equipment that you need to do your job, but who wants to overpay for tools and equipment insurance? You don’t want to break the bank having to replace your equipment when it is damaged or goes missing while on the job site, but you also don’t want ...
5 Things to Know About Stolen Tools Insurance

5 Things to Know About Stolen Tools Insurance

Is there anything worse than stolen tools? When you’re a contractor relying on your tools and equipment to get the job done, the answer is a definitive no. Luckily, you can protect your tools and equipment against theft with a special type of contractor insurance. 1. Stolen Tools Insurance is Called Tools and Equipment Coverage Business owners want to protect their assets, no matter the industry. But insuring a contractor’s tools and equipment isn’t as straightforward as ...
Top 10 Construction Resources

Top 10 Construction Resources

Operating any business takes a lot of skill, organization, sound advice, and maybe even a pinch of good luck. This is particularly true when you’re building and expanding a construction business. We rounded up some of the best construction resources available to help you – publications, blogs, podcasts, and websites that can give you the most assistance as you grow. 1. SBA Website The SBA website is the cornerstone of business advice, no matter what your speciality ...

 

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