by Richey-Barrett Insurance "Since 1902"
Trade Contractor Insurance

Trade Contractor Insurance

Trade Contractor Insurance by Richey-Barrett Insurance "Since 1902"

Congratulations you just won the bid, now what? The last thing you have time to worry about the proper insurance. As an independent insurance agency Richey-Barrett insurance will help ensure that you are properly protected by creating a custom insurance program for you based upon your specific needs. Then we will review with you the insurance requirements for new jobs and opportunities as they come up each year by taking a proactive approach.

March 25, 2019
President
L

iability Insurance for Roofing Contractors is a must. A comprehensive liability program will include the following;

February 11, 2019
President
F

or Artisan Contractors who have to be out in these terrible conditions there are many things you can do to protect your employees and property.

December 17, 2018
President
T

hough it is not sunny and 75 anymore in Cleveland, Ohio, the risk of skin cancer never really goes away.

November 06, 2018
President
W

hen my kids were in middle school I would read the books they were being asked to read in school, and this week’s blog reminds me of the book "Hoot" by Carl Hiaasen. The story revolves around saving an endangered species of burrowing owl from a construction site. In the story, the protagonist sabotages the worksite several times to delay and ultimately stop construction of a new restaurant.

While I don’t want your worksite shut down, taking proper steps to secure your worksite and tools are very important.

October 02, 2018
Vice President
A

ccording to recent research of the Federal Reserve Bank of Cleveland, the Cleveland metro area economy continues to improve. The sector with the fastest growth of employment here from December 2016 to December 2017 was construction, which added 1,500 jobs. That is good news for local teenagers (and their parents) thinking about what’s next after high school.

August 21, 2018
President
I

n 2007, Cleveland's Slavic Village neighborhood was ground zero for the housing market meltdown and the ensuing explosion of copper thefts. Eleven years later the housing market in Cleveland has improved, but copper thefts are still a huge problem for homeowners and contractors. The price for copper continues to rise, making copper theft a major concern for contractors who install copper water lines, pipe fittings or air conditioning units. What can you do to avoid being a target of copper theft?

July 09, 2018
N

ow that summer’s here and the weather is warming up, it can be time to start home improvement projects and people are looking to hiring contractors. If you are hiring a licensed contractor to perform work on your property, you should verify that the contractor is registered with the city’s Building Department. The city is prohibited from recommending contractors, but they can provide a list of contractors who are licensed, bonded and insured to work in the city.

June 04, 2018
President
T

his week’s blog was supposed to discuss certificates of insurance and what is needed to prepare one properly and efficiently for the agency’s artisan contractors. However, that all changed when I read my college roommate’s Facebook post this week. (Read more)

April 09, 2018
Vice President
C

ontractors frequently have employees or sub-contractors who come and go from job sites. They make a living utilizing the tools of their trade. Typically, they bring their own tools and equipment with them to jobsites. Suppose tools are stolen from an unlocked vehicle, or on a job site or construction site. Who pays to replace them?

The smart thing for both employers and general contractors to do is advise their employees and subcontractors that they are individually responsible for their own tools. This message can be made very clear before an employee or subcontractor is hired, and it can also be posted at job sites. ATTENTION ALL EMPLOYEES AND SUBCONTRACTORS. IT IS YOUR RESPONSIBILITY TO OBTAIN YOUR OWN INSURANCE FOR ANY TOOLS AND EQUIPMENT THAT YOU OWN.

February 26, 2018
President
M

any municipalities in Northeast Ohio require Trade Contractors to be registered. While the requirements vary by city, typically the Contractor will need to register with the city and provide it with a Certificate of Insurance that may require it to be named Additional Insured as well as a License/Permit Bond. Read more

January 15, 2018
President
W

inter has settled in and work has slowed down for many Artisan Contractors. During this time of year many Contractors may consider deleting coverage from some of their insured vehicles. The Insurance Services Office has created a form allowing the coverage indicated (liability, uninsured motorist of collision) to be suspended, indicating the time period for that suspension.

November 27, 2017
President
H

ow many times have you driven by a work site and seen a load of lumber left by a carpenter for a new deck, or several bundles of shingles laying there for a new roof, or even a furnace or air conditioning unit waiting to be installed by an HVAC contractor at a later date? How would you insure these? (read more)

October 16, 2017
President
L

ess than two months ago two Category 4 hurricanes hit the mainland of the United States. Contractors from all over are descending on Texas and Florida to assist in the rebuilding efforts. If you are packing your tools to head south, don’t forget to review your insurance coverage. (read more)

September 25, 2017
President
A

s the economy continues to improve, contracting work is starting to pick up. It is a competitive market which puts pressure on contractors to do more jobs in a shorter amount of time. At the same time, the construction industry continues to see a shortage in skilled labor according to the Bureau of Labor Statistics. These factors can cause contractors to make costly errors in their work from which, in some cases, small artisan contractors can’t recover. (read more)

August 22, 2017
Vice President
A

ccidents happen. Even small businesses and small contractors need added protection against catastrophic liability loss. Consider a hypothetical scenario in which Handyman Hal is going about his usual daily business of contractor remodeling. Hal runs out of drywall tape on the job. While driving to the local hardware store to purchase additional tape for the contracting job, Hal distractedly runs his truck through a red light and causes a major automobile accident. The car Hal hits is totaled, and the occupants, a young mother and toddler, both sustain extensive injuries.

June 27, 2017
A

re you a small-business owner looking to save some money? Cutting hidden costs is one huge step to helping your bottom line. Hidden costs have a way of adding up over time, costing your business a substantial amount of money in the long run. Here are five ways to help you cut some hidden costs and save some money. 

May 16, 2017
President
T

oday in the parking lot I saw two heating ventilation and air conditioning (HVAC) trucks and roofers inspecting the building across the street.  With all of this work all of a sudden you can’t lose sight of on the job safety. 

April 11, 2017
Vice President
T

radespeople of all specializations, whether they be electrical, plumbing, HVAC, carpentry, roofing, or landscaping, have special insurance needs. Even a handyman for hire should purchase specific insurance coverage for liability and property exposures. Beyond the obvious need for General Liability insurance, Auto Insurance, and Property Insurance (for the primary business location), contractors of all stripes are at risk of theft of their tools and equipment.

February 27, 2017
President
A

s the economy improves, more trade contractors are getting loans to replace their aging equipment. One of our agency’s customers leased a 3,000 pound capacity skid steer. The list price for equipment was approximately $25,000.00. The customer obtained an equipment lease through the equipment dealer, and as requested, we added the lender as a Lender’s Loss Payable and Loss Payee. (read more)

January 17, 2017
President
I

 was visiting one my Trade contractors on a worksite a few weeks ago and I noticed that the table saw did not have a blade guard.  I asked the employee why there was not a guard on the saw and he said ask the boss.  I went over and started asking Terry about the saw configuration and he said it slows us down.  I asked about kickbacks and Terry said if you know what you are doing you don’t need to worry!
Read more

November 15, 2016
President
W

ith winter right around the corner, many contractors will continue to work in the brutal outside conditions of Northeast Ohio. Ladder Safety becomes more important in these difficult weather conditions. Discussing these safety tips with your employee’s may help you keep your Worker’s compensation Insurance rates down. 

Getting ready to climb a ladder is instantly becomes more difficult and so Insulated Bibs are a must.  If your ladder has been outside overnight make sure there is no ice or snow built up on the rungs.  When raising the ladder make sure the ladder is on a stable surface and the base will not be struck by co-workers as they go about their work. 

September 19, 2016
President
L

et’s assume you have any agreement to install windows in a home. You remove the old window and install the new one. After leaving, you receive a call from the homeowner claiming the installation was improper.

Is Your Work Covered under a Commercial Policy?

August 08, 2016
President
M

any general liability policies have a property damage deductible. As with many issues in insurance one word is very important to how the deductible applies. A $1,000 per claim deductible or a $1000 per occurrence deductible. What’s the difference?

June 20, 2016
Vice President
Y

our contracting business is your lifeblood.  Some mistakes are small and only cost a few hundred to 1,000 dollars.  Not having the right contractor insurance program in place, or hitting an underground cable, gas, or fiber optic cable is a mistake you never want to have happen to you. Does your contractor insurance program provide explosion, collapse, underground (XCU) coverage? Do not assume this is in your insurance program call and verify.

 The call before you dig program is a highly effective program that prevents a potential loss. It is the law in Ohio you must call 48 hours minimum prior to digging. 

May 02, 2016
President
I

 hate when I hear people say things where so much more simple in years gone by.  I look at technology and say how can that be?  Just imagine me writing this blog 30 years ago, when I entered the insurance business versus today. No spell-check or, whiteout carbon paper!  But adding an additional insured to a contractor’s policy certainly was easier back then.

March 14, 2016
President
A

fter a well deserved mild winter, the weather is finally starting to become warm enough for outside activates. The warmer weather is also a sign that constructions season is upon us. Contractors will start working outside again. As new home construction continues to pick up in Northeast Ohio there may be a health concern that is very often overlooked by most people is, Lyme disease.  Numerous contractors may have to venture into wooded and grassy areas, which are home to the deer tick that causes Lyme disease.

February 29, 2016
Vice President
A

ll insurance policies have terms and conditions, which specify how coverage applies, as well as coverage exclusions. The familiar saying of “the devil is in the details” may apply to any contract, including insurance policies. A common exclusion in the Commercial General Liability (CGL) policy is the Care, Custody, or Control Exclusion. What is care, custody, or control? A quick look in Merriam Webster’s online dictionary gives us a simplified baseline reference for what these three words mean.

  • Care: (noun) effort made to do something correctly, safely, or without causing damage
  • Custody: (noun) the act of protecting or taking care of something
  • Control: (transitive verb) to have power over (something)

All three terms have a common reference point, i.e. how something is or needs to be handled, whether it is attention to, protection of, or power over.

January 25, 2016
President
A

 major nor’easter blasted the East coast of the United States over the weekend. I write this, and wonder how many contractors are out plowing and clearing ice, but are unaware that they may be falling into an insurance gap.  If a person trips and fall over a pile of snow or slips and falls on ice left behind by the contractor, you may not have any liability coverage.

November 09, 2015
President
E

veryone knows that winters in Northeast Ohio can be brutal, but contractors must continue to work. The least of which is the viability of the business; bills, payments on equipment and other expenses do not stop when the warm weather ends. More importantly, the safety of your employees becomes even more important during the harsh winter.  Several items discussed below should help you and your employees survive another winter.

July 23, 2015
President
I

n Northeast Ohio, the weather is anything but predictable. This can more often than not create a shorter work season for some Artisan contractors. The usual suspects that can cause a shortened season are, the spring showers that can last into Mid-June, and a frost warning in early 
October.

As an Independent Insurance Agency, the last thing we want to see happen to you is any slowdowns including unnecessary trips to city hall to become registered as a contractor.

June 15, 2015
President
G

eorge, the contractor, has more than 20 years experience in his craft. Although navigating the insurance part of his business can sometimes still be foggy. No business is able to run without some bumps and after a few unpleasant customer experiences, George decides to contact his trusty insurance agent to see what actions can be taken to improve his coverage, especially liability to help with the bumps. Fortunately, his agent advises George about adding Contractor’s Errors and Omissions.

March 08, 2015
President
W

orking with many Artisan Contractors I have learned it is often necessary for them to subcontract out parts of a project.  There are several key points to address when you hire the subcontractor to protect your business from loses and unforeseen expenses. The limits of liability required by the subcontractor should be in writing and at a minimum should be equal to your limits of liability.

November 21, 2014
President
I

t was a Friday and the crew had been working hard to finish the deck project and hardscapes for the client. The homeowner’s daughter was getting married the following weekend and Rick and his crew had to finish up the project so the landscapers could come in and put in the new plants, the redesigned backyard was going to look great for the wedding.

Rick told John one of the part-time employees to head over to Subway and get the crew lunch and he gave him cash for everybody’s lunch. After getting everybody’s order John hopped into his car and headed off to Subway.  After getting the sandwiches John was turning left out of the parking lot onto a five lane street with 2 lanes going each way and a turn lane.  A driver in the curb lane stopped so John could pull out and waived him on.

August 04, 2014
President
M

onday mornings are probably the most hectic time of the week. All across America contractors, business owners and entrepreneurs spend Monday mornings behind from the start, trying to catch up returning calls and emails that were left over the weekend. This blog post is about one of those Mondays. I received a frantic call from Rick, one of my favorite contracting clients last Monday morning.

July 01, 2014
President
M

onday mornings are probably the most hectic time of the week. All across America contractors, business owners and entrepreneurs spend Monday mornings behind from the start, trying to catch up returning calls and emails that were left over the weekend. This blog post is about one of those Mondays. I received a frantic call from Rick, one of my favorite contracting clients last Monday morning.