Contractors choose Foa & Son for its “best in class” safety process guidance, its claims management, and for providing predictable comprehensive coverage.
Construction Industry Insurance Solutions
The construction industry faces many challenges in today’s marketplace, with the economic recovery creating new opportunities, but also new and emerging risks for construction companies. There is also renewed interest in the marketplace from a wide range of insurance carriers.
How can you make sure you remain a “best-in-class” operation in this new environment while ensuring you are protected by a quality insurer that really understands your business? By partnering with Foa & Son who specialize in the quickly evolving construction marketplace.
Foa & Son will make sure you stay ahead of the competition. We have developed a blueprint that has been proven to drive down claims, and we work diligently with all of our clients to mitigate exposures by providing expert contract reviews and education on loss control and proper risk transfer techniques.
Exclusive articles relating to Construction insurance
The past couple of decades have seen businesses turn increasingly to PEO’s (professional employer organizations) and staffing agencies to fill both permanent and short term labor needs. There are many advantages to using these types of services, but with their use comes an additional liability risk for the businesses using them.
It’s Spring, and right on schedule many areas face renewed risk of flood from snow melt and spring precipitation. Recent trends of more frequent, severe and unpredictable weather events can’t be denied, and smaller “nuisance” flood events are occurring coast to coast. Although each event is considerably smaller than the large-scale floods covered by the news, the frequency of their occurrence is much higher, creating a hefty financial impact on cities and their citizens.
Leases are always a potential source of insurance problems. When they are lacking even a small clause, such as a subrogation waiver, the client is left vulnerable to an allegation of responsibility or liability of a loss. Without careful attention by attorneys in the reviewal of leases, a tenant could be at risk for being pursued by the landlord’s insurance company for retribution.
The dangerous condition that cropped up in northern California in February at the Oroville Dam highlights a real issue for business owners and risk managers posed by the deteriorated condition of our nation’s infrastructure. Much of the nation’s roads, bridges, dams, ports and other vital areas have surpassed their intended lifetimes. A well written insurance program is necessary to anticipate the disasters that are inevitable due to the deteriorated infrastructure.
Construction Industry Insurance Experts
Our clients are happy because we keep their risks insured and their insurance costs down. The insurers are happy because we bring them quality customers who know how to manage their exposures to risk.
Contact us to see how we can drive down your risks and your rates.