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Home > Blog > McFarlin Insurance Agency Blog: contract
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McFarlin Insurance Agency Blog: contract

View the latest blog posts from McFarlin Insurance Agency.

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Wednesday, January 4, 2023

What Type Of Insurance Should An Independent Contractor Carry?

No matter whether you have a specialty or offer general contracting services, it’s important to carry the right type of insurance to protect yourself and your business. There are several different policies and coverages available, but it can be hard to tell which ones are best for your business. READ MORE >>

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Friday, September 16, 2022

3 Common Types of Bonds

Surety bonds are essentially a guarantee that the principal will perform their job as detailed in the contract. If a person or business hires a bonded contractor and the work does not get done as promised, the company that issued the bond is responsible for the resulting financial losses. READ MORE >>

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Monday, February 14, 2022

Insuring Your Contracting Business

Like any business, contractors have their own unique risks. Get the protection you need with the right insurance policies. Discuss the following (and additional) options with your independent insurance agent to build an appropriate insurance package for your business.    READ MORE >>

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Friday, August 13, 2021

General Liability Insurance And Independent Contractors

Many businesses today are turning to independent contractors. These are non-employees that provide comprehensive services, often at a lower cost than a full-time employee.   Independent contractors operate as a separate entity from your business. They are not your direct employees, but they perform work on your company's behalf. READ MORE >>

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Tuesday, July 23, 2019

Does Contactor Insurance Cover Tools?

Contractors do a lot of handy work for numerous clients. Given that any construction, repairs, manufacturing or remodels will involve numerous steps, you probably will need numerous tools. Still, if you are the contractor in charge of any job, then you have a business interest in the job and the tools required of you. READ MORE >>

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Tuesday, January 9, 2018

3 Reasons Builder's Risk Insurance Is Necessary

Builders risk insurance is a type of property insurance. As the name implies, it covers a property during the construction process. Imagine a home under construction. The same risks can happen to it as can happen to a completed properly, including  fires, theft, and vandalism. READ MORE >>

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Monday, May 12, 2014

What Risks Do Contractors Face?

Contractors and other construction professionals must deal with a variety of risks and hazards to both their health and their livelihood every day. It's no surprise that this industry has the highest rate of fatal injuries, but there's also a big chance for lawsuits as well. READ MORE >>

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Friday, January 31, 2014

5 Tips for Maintaining Professionalism in Home Construction

Contractors who enter homes know the importance of maintaining professionalism while on others’ property. But what are the best ways to accomplish that? Below are five tips to get the job done without upsetting, offending or stepping on toes. READ MORE >>

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Monday, November 25, 2013

The 5 Biggest Worksite Risks for Contractors

Contractors and their construction crews face some extreme worksite risks while on the job. Proper safety measures and equipment lowers this risk, but never eliminates it completely. The nature of the job is simply dangerous. However, knowing and understanding the biggest risk can help you prepare better and keep your crew safer. READ MORE >>

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Thursday, August 29, 2013

5 Types of Insurance Every Contractor Needs

Business owners take on a little or a lot of risk, depending on the industry they're involved in and the services they provide. While some business owners go into the situation blind, they quickly learn that they need to have full insurance coverage to protect themselves from lawsuits, accidents, theft and loss. READ MORE >>

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