Monday, February 29, 2016

Enhance Your Efforts Supporting Home Fire Sprinklers

Every community has their own challenges when planning and implementing educational programs supporting home fire sprinklers. Challenges may be related to code activities, limited resources, or anti-sprinkler activities. This webinar discusses the importance of recognizing those unique challenges, identifying target audiences, and how the Home Fire Sprinkler Coalition's free resources can enhance your grassroots efforts.

For more information on the Home Fire Sprinkler Coalition, visit

Friday, February 26, 2016

Mandated Paid Leave Will Stifle Small Businesses | NFIB

Small business owners say mandated paid leave will take money away from growing their businesses and creating more jobs. It will also leave less money for raises and retirement funds.

Tuesday, February 23, 2016

What You Need To Know About Contractors Insurance

It is a necessity for any business undergoing construction or renovation to purchase a contractors insurance in order to safeguard their financial stability, as well as their workers' wellbeing. It's not in favor of the business' interest to leave it susceptible to financial drains, in case of management, materials, and manpower problems. There are certainly a lot of risk factors present in a construction site, and all of these could very well hurt a business, if not properly dealt with. Sure, the contractor may be held liable for some of the issues, but most of the losses will be incurred by the property owner. Besides, majority of the states in the U.S. demand that they are secured, before a project license is granted.

Contractors insurance basically covers losses due to lightning, vandalism, fire, lawsuits, injury, and other property damages that are not caused by professional errors or intentional acts. But there are certain policies that do not indemnify against earthquakes, acts of violence, and flooding. The safest plan that you can apply for is a general liability contractor insurance, since it typically takes care of all of the basic concerns, when it comes to this type of activity. Usually, it is the building owner's responsibility to acquire a builder's risk insurance, and ascertain its scope. But, the general contractor can also be tasked to buy it, as stipulated in the contract. It is important to note that this type of property insurance is only valid during the construction period, and is terminated upon the project's completion.

To ensure that you are getting the best policy, it is advisable that you shop around for options, before you settle with a provider. Submit your contracts for quotes if you are a contractor, and negotiate the rate of your policy if you are the business owner. This should help you arrive at a manageable monthly payment term that addresses your construction needs, as well as your monetary limitations.

Next, you should assess the supplementary general condition of your general liability contractor insurance, so that you know who are covered. There are a number of other people who may enter a job site, aside from the builders. You can expect messengers, trespassers, the licensees, and some invitees to come along every once in a while, so they must also be added as insured. To reduce liability exposure, as a contractor, what you can do is determine regulations within the job site, arrange an agreement with the client, and try to be hands-on with any visitation, to pre-empt any potential accidents from happening. It would also be smart to keep the site as hazard free as possible, by disposing all of the materials carefully.

Lastly, never hesitate to use a broker specializing in contractor insurance. This should make the policy application less burdensome. A business owner and contractor would find a broker's meticulous eye for detail and expansive network very helpful, especially for stringent projects. Obviously, you both can't dedicate the right amount of time to go over each unique policy and draw up proposals. A broker will help you accomplish that, and set you up with the right provider or providers as soon as possible.

Article Source:

Saturday, February 20, 2016

Energy Cost Update & Tax Help | NFIB’s Week in Small Business

This week (2.12.2016) in small business, President Obama released his Fiscal Year 2017 budget proposal, which contains a 3.8% tax increase that could hit some small business owners. But in a bit of good news, small businesses cheered as the Supreme Court temporarily blocked the EPA from implementing a new rule that will hike up energy costs. Plus, NFIB's free Small Business tax guide is now available.

Wednesday, February 17, 2016

Contractors Insurance Protects Your Business

General contractors call the shots in most construction projects, taking the lead in all important operations including coordinating subcontractors, supervising job sites, and many other responsibilities to ensure projects stay on time and within budget. The many risks involved with leading these projects makes contractors insurance essential to protect the business against losses that may result from a lawsuit.

One of the common misconceptions of contractors insurance is that it only applies to general contractors. But subcontractors such as carpenters, roofers, landscapers, masons, electricians, plumbers, and other trades are all liable as well. Since they are often involved in complex business relationships, contractors need to be able to rely on an insurance company that has their best interests in mind.

Most contractors understand the common risks of construction projects, such as injury to subcontractors, not being paid on time, not adhering to timeframe agreements, and other risks that should be considered when drafting the general construction agreement. A contractor's insurance policy may include provisions for issues such as negligence and workplace safety.

Speaking of contracts, all contractors should carefully read every contract and even ask their attorney to review the agreement before they sign on the dotted line. Depending on the size and length of the project, certain clauses can hold hidden fees and liabilities for which the contractor is unclear. This oversight can ultimately result in a situation that isn't covered by contractors insurance and therefore becomes out-of-pocket costs that can seriously damage a business.

Whether you're a contractor or subcontractor researching business insurance, coverage typically involves general liability, commercial automobiles, workers compensation, builder's risk, tools and equipment, bonds commercial umbrella, and employee benefits.

Remember to keep the following risks in mind when you speak with your contractors insurance company:

• Defective products: As a general contractor, you're responsible for all of the work performed by your subcontractors. So, what if, for example, your electrical subcontractor installs a kitchen light that catches fire and burns part of the ceiling? The manufacturer is ultimately responsible, but both you and the electrician will also likely be included in a costly lawsuit.

• Construction contracts: Everyone enters into a contract with the best intentions. But when things go wrong, fingers start pointing. As a contractor, you should make sure that the contract is reviewed by a lawyer to make sure your business has the right insurance for each and every job.

• Litigation costs: Whether you're a sole proprietor performing general remodeling, a specialty tradesman or anyone in between, you need to protect yourself from litigation by having a policy with an insurance company that has your best interests in mind.

These are just a few of the things you need to consider before purchasing contractors insurance.

Article Source:

Sunday, February 14, 2016

How Can Children Avoid Dog Bites

There are 4 million dog bites each year and 60% of the victims are children. Dr. Leslie Sinclair of the Humane Society of the U.S. says children often don't respect a dog's boundaries—they expect every dog to be friendly, and although most are some aren't. Dr. Tillman Jolly, an emergency room physician says he sees injuries every year because children often do things that they don't realize are annoying to dogs. The Insurance Information Institute cautions that parents should teach their children not to approach an unknown dog. Allow dogs to sniff you before petting them, never disturb a dog that's eating, sleeping or caring for puppies, don't try to run from a dog, and if one is chasing you, stand like a tree or look like a log. Insurance companies paid out $3.5 billion in claims in 2006 for dog bite claims.

For more information about insurance, go to the I.I.I. Web site at

Thursday, February 11, 2016

Ban-the-Box Trend Will Continue in 2016 | NFIB Legal Ease

Ban-the-box laws generally prohibit employers from inquiring about a criminal record on a job application, forcing them to wait until later in the hiring process to ask about criminal history. In the last two years, ban-the-box laws applicable to private-sector employers were passed in Illinois, New Jersey, Oregon, New York City, San Francisco and the District of Columbia. The trend of this legislation is likely to continue in 2016, especially with a recent boost at the hands of the Obama administration.

Monday, February 8, 2016

2016 Election Update & a Free Tax Webinar

This week in small business (2.5.2016), the Presidential primary season is in full swing! In case you missed it, NFIB's 2016 presidential teleforum series gave members the opportunity to ask candidates about their positions on small business issues. Listen now: NFIB's tax expert is hosting a webinar on Wednesday, February 10. You'll want to hear about the big recent changes that will affect your 2015 filing. Register:

Friday, February 5, 2016

"NFL 2016: Part One" — A Bad Lip Reading of the NFL

"We'll fight y'all on Tiger Mountain!" More fun with NFL mouth shapes. PART TWO COMING SOON!
ENDING SONG = "Bushes of Love":

Tuesday, February 2, 2016

Auto Insurance Quiz

Auto Insurance Quiz from the Insurance Information Institute. For more information about insurance, go to the I.I.I. Web site at