Liability Insurance For Construction In Arizona

Liability Insurance For Construction In Arizona

Who Should Have Liability Insurance?

Anyone involved with residential or commercial building projects should protect themselves financially with adequate insurance coverage from a quality company with knowledgeable agents. Liability insurance for construction in Arizona is necessary for people working in different careers, including

• Architects
• Electricians
• Plumbers
• Forklift Drivers
• Carpenters

Individuals who construct bridges, buildings or highways should never assume that they have sufficient insurance coverage from an employer. In most cases, liability insurance for construction in Arizona is the responsibility of each contractor. Failure to protect your business and personal assets from lawsuits concerning charges of negligence can lead to financial ruin for professionals.

What is the Purpose of Liability Insurance?

Liability insurance for construction in Arizona has several purposes such as preventing a loss of a business due to a lawsuit. In addition, in many geographic locations failure to have the proper types of insurance coverage can lead to fines for contractors. This is because many contractors hire employees who need financial protection if an injury occurs while on-the-job. At the same time, someone passing by a construction project can incur an injury, leading to a lawsuit for damages to pay for medical bills and lost wages. A lawsuit for injuries can happen because of negligence due to using equipment the wrong way or making an error during the construction process.

How Much Liability Insurance Does Someone Need?

The amount of liability insurance needed for construction in Arizona varies for each contractor depending on several factors such as the size and cost of the project. Important things to consider are how many employers are working on a project, leading to more chances of someone incurring an injury. While an architect typically spends less time on-site at a building they have designed, they are still culpable for damages in many cases. Liability lawsuits against architects can occur when they made a mistake in a blueprint that leads to an injury of a construction worker or a building’s occupant. Lawsuits against a contractor are possible while a project is in the process of being built or several years later due to an injury. A knowledgeable insurance agent is the best person to analyze the amount of liability insurance for construction in Arizona that you need.

Where Can a Contractor Get Insurance Coverage?

There are numerous insurance companies that provide specialized liability insurance for construction in Arizona. An agent will carefully consider the risks involved by the contractor’s type of work to determine the best plan. A contractor with employees working at high levels such as roofs must pay more for a policy than an architect. Having financial coverage of millions of dollars is quite common, but the cost of a policy is divided with monthly installments over an entire year. An insurance carrier will customize a policy to include the coverage required by a region or occupation. Policies can include coverage for fire, smoke or water damage in addition to paying for medical bills.

Gary Hanson
Professional Insurance Strategies, LLC
6708 W. Bethany Home Rd
Glendale, AZ 85301

ghanson@proinsgroup.com
602-481-0161
623-551-6716 Fax

Contractor Insurance, Arizona, Nevada, New Mexico

Although each state’s liability coverage varies, most contractor companies doing business out of Arizona require proof of some form of general liability insurance before solidifying any agreement or contract. A smart business owner is an informed one. Contacting a knowledgeable agent who specializes in AZ insurance guidelines provides a thorough understanding of the many options available while simultaneously customizing your contractor’s insurance coverage based on your organizations particular requirements.

Accidents, damages, interruptions, delays and losses are part of operating any type of construction business, i.e. electrical, plumbing, heating/air conditioning. Choosing the right coverage provides the business owner optimal damage control and sound protection, should a problem arise.

Types of Contractors Insurance:

Income Insurance: Should a covered loss or delay occur to a business service or project, business income insurance provides a way for paying expenses i.e. payroll, rent or mortgage, taxes, relocation fees.

Contractor Vehicle Insurance: Coverage for commercial auto’s i.e. vans, box trucks, utility vehicles and trailers as well as the employees operating them.

Equipment Insurance: Coverage for damaged equipment such as excavators or cranes due to machinery malfunctions, mechanical or operator error, electrical surges.

Business Property – Indoor/Outdoor Insurance: This plan covers damage to rented or owned business property as well as anything housed within the business property, i.e. inventory, building materials. Business property insurance safeguards against catastrophes such as water damage or fire to indoor/outdoor property.

Commercial Property/Liability: This plan provides coverage should an employee cause damage to a client’s property, bodily injury to others or employee injuries.

A licensed insurance agent in AZ can explain and guide you through each policy, providing a further breakdown of specifications for each coverage option, keeping in mind any state or county laws, safety regulations or construction guidelines that need to be observed i.e., obtaining licenses, bond requirements. Purchasing contractors insurance not only reduces the risk to your business operation, employees and clientele exist in a safe and secure work environment. Many AZ based insurance companies include preparedness plans at no additional costs to the purchaser. Taking advantage of these free plans allows AZ construction businesses a well-organized preparedness plan against disasters as well as recovery and relief guideline suggestions.

Choosing specialized contractors insurance serves as the most important investment to your business and personal stability. Optimal safeguards build a solid bridge to your financial future and lower operating expenses while providing priceless peace of mind.

Best regards,

 Gary Hanson

Professional Insurance Strategies, LLC

6708 W. Bethany Home Rd

Glendale, AZ 85301

 

ghanson@proinsgroup.com

602-481-0161

623-551-6716 Fax

 

Assigned Risk Workers’ Compensation, Arizona, Nevada, New Mexico

Insurance companies don’t pay for employee injuries. They finance them for you at cost of $2 to $3 for every dollar an insurance company spends on an injury. As your experience modification sky rockets, only time can save you unless you have experienced experts to help you.
Let us help you identify areas where improvements can be made.

Gary Hanson

Professional Insurance Strategies, LLC

3519 E. Shea Blvd., Suite 120

Phoenix, AZ 85028

 

ghanson@proinsgroup.com

602-481-0161

623-551-6716 Fax

 

Getting out of the Workers Compensation Assigned Risk Pool-AZ, NV, NM

We run into many businesses that for a number of reasons end up in the Assigned Risk Pool for their workers compensation insurance. The reasons for this really boils down to a couple of areas:
New in business with no prior workers comp policy
Less than desirable class of business or business operations
Past workers compensation claims have forced you into the pool

The good news is we can help you get out! We have carriers that will take you out after you have a couple of years of experience. If past claims are a problem we can help set up a program to get you on track and get out of the pool.

Best regards,

Gary Hanson
Professional Insurance Strategies, LLC
3519 E. Shea Blvd., Suite 120
Phoenix, AZ 85028

ghanson@proinsgroup.com
602-481-0161
623-551-6716 Fax

Health Insurance vs Public Health System

Health insurance offers you a bulk of benefits you wouldn’t be able to access in the Public Health System. Now the points are-

  • People doesn’t have more control over when he/she will be treated.

  • In this system services not covered by Medicine, ambulance, in addition to a number of non-hospital services E.G. Dental,chiropractic, optical, physiotherapy, dietary advice and some alternative therapies.

It’s important to recollect that even as a patient who is privately covered, he/she may expect some out-of-pocket costs. Unfortunately, your health insurance can’t cover everything related to your approach. To cover all aspects of a approach would further increase the cost of private health insurance premium.

To help reduce your out of pocket expenses, we’ve developed some information to help you make fully informed decisions about your treatment. All public Hospital packages explain everything you need to know about insurance and offers helpful questions to ask your specialist about your treatment.

If you choose to be treated as a public patient in a private or public hospital, you wouldn’t have any out-of-pocket expenses, but there are some drawbacks:

  • You may not have a  better choice over which facility your procedure is performed in health insurance

  • The date on which your  approach is done is determined by the public hospital, not by you. You’ll be placed on a waiting place according to the severity of your condition. So, you could be waiting months or even years to have your procedure done.

  • If your approach requires you to spend some time in public hospital, chances are you’ll be in a shared ward with other patients, rather than your own luxury room.

The Importance of Health Insurance Policy

Health insurance policy is necessary to meet those unpredictable moments in any human life. It is especially needed for our children and our old aged parents. With the right insurance policies you can ensure that your children will get the desired treatments like immunization for no cost. Ignorance of such things may cost long term illness and diseases which in-turn increases the cost.

Statistics shows that 46 million people in the United States, lack health care benefits either because their employer does not offer it or employees cannot afford policy expenses. This is a major problem because when uninsured, you receive less medical treatment or care and these seem to be the people that experience the worse health problems in present and future. Although health insurance sounds more expensive, but it can cause a bigger burden, if you do not have health insurance when serious injuries occur.

Investing in health insurance means investing in your quality of life style. Having health insurance can pay for preventive and proper treatments to treating unpredictable illnesses. Think of how car insurance is required in each state. Frankly speaking in some cases it is a rip off (the excessive premiums) but it is an investment because somehow it covers your assets. If someone dashes your vehicle or you wreck it, you can’t claim a brand new one right away. The same goes for health insurance policy. Do your proper research, figure it out what is best for you and your family and make wise decisions. Nothing stays the same forever in your life so if you are good and healthy now that does not mean something will not go wrong in future. So you need to get health cover today.  Health Preventive care helps a lot and it may prolong the need for health insurance but there is nothing better than knowing you are fully protected.

Professional Insurance Strategies, LLC   has a trained staff that will provide the highest quality customer service as well as offer solutions for the health insurance needs of our clients. For Details Contact our agent today

Gary Hanson

Professional Insurance Strategies, LLC

3519 E. Shea Blvd., Suite 120

Phoenix, AZ 85028

6708 W. Bethany Home Rd.

Glendale, AZ 85301

ghanson@proinsgroup.com

Phone: 602-481-0161

Fax: 623-551-6716

How can an Insurance Agent Help you?

Actually Auto insurance industry is very complicated. It means a lot of research,analysis  evaluation, and a lot of meeting and negotiating need, if you want to get the most suitable and best auto insurance for you.

Today there are so many ways to get Auto Insurance immediately.

1) With the Internet facility or through online.

2) You can even go direct to insurance companies to get your policy.

3) Through Insurance agents. ( There are still auto insurance agents around and there is still value in getting one.)

If you are someone who likes the personal touch, familiar with your area, an agent is the way to go. There is a lot to be said for talking to the same person about your auto policy. He or she can be available to offer options ,answer questions, and advice  to you. An auto insurance agent should also know your local area well so he or she may have more  industry information relevant to a more suitable and less expensive  auto insurance policy.

Now what can you expect from your agent———-

1) Total policy information

2) Premium reduction

3) New policy Process

4) Yearly premium collection and renew your policy

5) After any accident process your claim.

Professional Insurance Strategies, LLC is a perfect example for that. Professional Insurance Strategies, LLC have a trained staff that will provide the highest quality customer service as well as offer solutions for the limousine insurance needs of our clients. As an independent insurance agency, they have access to most of the major insurance companies writing insurance for the transportation industry. They are constantly developing new programs and services to provide better protection for our clients. They specialize in limo insurance, taxi insurance, and many other transportation type risks. They offer (livery) limo insurance in Arizona, Nevada, and New Mexico. They also write taxi insurance in Arizona, Nevada, and New Mexico

Gary Hanson

Professional Insurance Strategies, LLC

3519 E. Shea Blvd., Suite 120

Phoenix, AZ 85028

6708 W. Bethany Home Rd.

Glendale, AZ 85301

ghanson@proinsgroup.com

Phone: 602-481-0161

Fax: 623-551-6716

 

 

Explanation of Worker’s Compensation Insurance

Workers’ Compensation Insurance Policy, also known as Workman’ Comp, is a state-mandated insurance policy that provides work compensation to employees who suffer job-related illnesses and injuries. While the Federal Govt. administers a Workers’ compensation program for federal and certain other types of employees, each state in U.S has its own programs and laws for workers’ compensation policy. For up-to-date information on Workers’ compensation in your state, contact with state’s workers’ compensation office.

In short, an employee with a work-related injury or illness can get workers’ compensation benefits regardless of who was at fault — the employer, the employee, a customer, a co worker, or some other third party. In exchange for these sure benefits, employees usually do not have the right to lawsuit the employer in court for damages for those injuries.

There are two reasons an employer has to carry worker’s compensation insurance policy coverage:

  • The 1st  is to insure workers that are hurt during working hours will be taken care of financially. Worker’s compensation insurance policy will pay the medical expenses and a portion of their wages while recovering from the injury period.
  • The 2nd reason is to protect the employer from being lawsuit by the injured employee.  It is important to have understanding of worker’s compensation terms and conditions in your state as requirements and coverage differs in every state wise.

We have preferred Workers Compensation Insurance Programs for businesses of all shapes and sizes. Get your Workers’ Compensation Quotes

Gary Hanson

Professional Insurance Strategies, LLC

3519 E. Shea Blvd., Suite 120

Phoenix, AZ 85028

6708 W. Bethany Home Rd.

Glendale, AZ 85301

ghanson@proinsgroup.com

602-481-0161

623-551-6716 Fax

 

 

Finding the Right Arizona Independent Automobile Insurance Agency for You

Finding the Right Arizona Independent Automobile Insurance Agency for You

Arizona Independent Automobile Insurance

Every driver needs automobile insurance. It is one of those fixed costs that go along with the privilege of driving a car. Should an accident occur, automobile insurance helps all parties involved. In fact, drivers are required to show proof of financial responsibility when registering a vehicle and at any law enforcement officer’s request at the scene of an accident or at a traffic stop – that proof of financial responsibility is none other than your insurance policy. Hefty penalties can apply if a driver can’t produce this proof.

You need it – that’s understood. But that doesn’t mean you have to pay exorbitant prices for automobile insurance.

The Arizona independent automobile insurance industry is booming. With so many options to choose from, consumers have many venues to compare. Some people routinely rely upon larger corporations for the insurance needs, justifying the higher premiums and fees on the basis of industry experience. But you don’t have to pay higher fees to get a package that is suitable to your needs. Arizona independent automobile insurance practitioners offer the ability to craft your insurance package to suit your individual needs, giving you more than the pre-packaged plans that most traditional insurers offer. Due diligence is required during this search, as is the case with every product you buy, but rarely are there so many options.

Here are some things to look for when choosing to go with an Arizona independent automobile insurance practitioner:

Know What’s Required of the State
It is important that you know what is required by law when looking for auto insurance. State coverage mandates are different, so do your research to determine what amount Arizona is required to insure you for in an accident where you have been deemed at fault.

Know Where You Stand
Do you have insurance and want a lower rate? Are you currently uninsured? Do you have multiple traffic violations on your record? These are questions you should know the answers to when looking for an automobile insurer. Many Arizona independent automobile insurance plans can suit your needs… you just have to know what those needs are.

Know What You Want
There are several coverage types to choose from, including Full, Collision, and Medical Payments Coverage. While Liability coverage is mandatory in Arizona, there are other options that can be added to that base plan to suit your needs. Have an understanding of your needs and budget when entering a discussion with an agent.

Researching companies to find the right fit for you may seem daunting, but it doesn’t have to be. Invest the time and avoid paying for something you don’t need or not getting the coverage you want because it isn’t available outside of the package that traditional insurers offer.

Gary Hanson
Professional Insurance Strategies, LLC
3519 E. Shea Blvd., Suite 120
Phoenix, AZ 85028

6708 W. Bethany Home Rd.
Glendale, AZ 85301
ghanson@proinsgroup.com
602-481-0161
623-551-6716 Fax

How-to Choose Life Insurance

How-to Choose Life Insurance

If you’re present company does not provide life insurance benefits and you would like to choose a life insurance policy for yourself or your family there are certain components to keep in mind. First of all, you need to determine how much life insurance cover you actually need to cover your family’s expenses after you pass out.

We put together some helpful points to help you make a knowledgeable and perfect decision:

1. If one’s spouse is employed somewhere and providing the family’s living cost, then it’s a best idea to insure that spouse.
2. A survivorship policy cover may be the most appropriate.
3. To hold life insurance policies cover that can ultimately benefit for your children, spouse and other beneficiaries, but you should create a flexible document properly.
4. If your estate will have a need for money at your passing and there is no source of money, a life insurance policy can provide the alternative solutions to meet this estate tax need. Take into consideration, mortgages, car payments , college tuition, Etc.
5. Consider contacting a professional insurance planner or financial planner to help you determine how much money your family will need in future. Most insurance professionals and companies will provide a Financial/Capital Needs Analysis with zero expenses.
6. An experienced insurance agent will ask for financial information to be sure they are helping you apply for the proper amount of insurance.
7. To purchase life insurance, you usually need to undergo simple and hassle free medical examinations to help determine your insurability capability and the premium of your policy.
8. Review the life insurance policy and coverage.
9. Changing policies time by time may affect your premium it should be consider.
10. Be truthful when working with a professional and find one trustworthy.

 

 

 

 

 

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