Best Price For Contractors Insurance In California Offered By Contractors Insurance Solutions

Contractors Insurance Solutions Inc. has announced that they will always work to provide the best price for contractors insurance in California. The company is a provider of insurance and surety bonds for contractors in Los Angeles. Matt Rogers, the owner, is also a licensed general B contractor so he knows what contractors really need. The company also offers surety bonds for contractors.

Matt Rogers himself says, “We strive to provide contractors in California the kind of insurance that they really need. Purchasing liability insurance is the ideal way to protect your business from the risks of liabilities imposed by claims that you are responsible for, damages that occurred in the course of doing business. Many jobs in Los Angeles and through out California require you to have contractor liability insurance in California just to bid on projects. You need not worry about insurance costs because we always strive to get the best price for you.”

Matt Rogers wants to point out that most residential projects in Los Angeles and throughout California will ask contractors to have at least $1 million in coverage. Contractors Insurance Solutions can obtain a general liability insurance policy quickly for contractors who have won a bid on a job and need to have the insurance to be able to start. The company will get the policy and certificate as fast as possible for contractors who are on a tight schedule to submit a bid or start a job that requires general liability insurance. As a broker, Matt Rogers will shop various carriers to locate the best coverage for the contractor at the best price.

Meanwhile, Contractors Insurance Solutions offers other kinds of insurance for contractors. For instance, they also offer workers compensation insurance, which provides benefits to workers who have been injured on the job and protects their employers by limiting their liability. For this, the company performs an in-depth analysis for the contractor. There are various types of workers compensation policies that contractors can buy to comply with California State requirements.

Factors to consider when choosing a workers compensation insurance policy include but are not limited to the kind of business being conducted and the number of employees. According to California State Law, any business that has one or more employees must have workers compensation insurance. This kind of insurance protects the contractor from serious financial hardship in the event that a worker’s injuries prevent him from working for several months. It also protects the contractor from potential lawsuits because an employee who is getting workers compensation benefits cannot file a lawsuit for those injuries that resulted from the accident.

Meanwhile, the company also offers surety bonds for contractors. This type of bond is a promise to pay one party a particular amount in the event that the second party or principal had failed to meet an obligation, such as complying with the terms of the contract. The surety bond is a protection for the obligee against losses caused by the principal’s failure to fulfill the obligation. California State Law mandates all contractors to have a contractors license bond or surety bond in order to get a license. Contractors Insurance Solutions provides competitive rates for both new and renewal licensing bonds. The company will also submit a contractor’s bond document to the California Contractors State License Board electronically at no additional cost.

Contractors Insurance Solutions is a company that is focused on securing custom contractors insurance policies and contractors license bonds for clients in southern California. Being owned and operated by Matt Rogers, who is a licensed California contractor, the company is familiar with the needs of the construction industry, and is keen on getting clients bonded so that they would be able to providing their services. With custom-built insurance programs that are designed to meet the contractors’ specific needs, contractors will have the confidence to freely run their business, knowing that they will be covered financially in case there is an accident.

Those who want more information about contractors insurance or surety bonds in Los Angeles that are provided by Contractors Insurance Solutions may want to visit their website or call them by phone.