Contractors Insurance Solutions in Burbank, California has announced that they can provide custom solutions for those in need of California contractors insurance. The agency offers tailor made insurance policies and license bonds for contractors throughout Southern California.
Matt Rogers, a broker with the agency says, “We custom built insurance solutions that are designed to meet the specific needs of the company’s that we work with, giving those businesses the coverage that they need to confidently provide their own realm of services.”
Rogers states that the company offers surety bonds, specializing in all forms of contractor bonds. The company can provide contractor businesses in California with the required $15,000 license bonds, and they provide performance, bid, payment, and release bonds in Los Angeles and the surrounding areas.
“Running a business without the required insurance coverage is not only illegal but it is unwise,” says Rogers. “Companies that are in the building business need coverage to protect them from any number of situations that could ultimately cost them their business. Our coverage solutions protect against this.”
Rogers says that any business in the area that requires coverage can contact the company to speak with any one of their experienced and licensed California contractors insurance agents to get a detailed quote for the coverage that is needed. The company offers employee worker bonds that are required by the state of California.
The California contractors board began first issuing contractor’s license for LLC companies in January, 2012. Rogers states that many companies are unaware of the regulations and requirements that exist for these types of businesses and adds that any contractor company that does not know what types of insurance are required for them to operate can contact the agency and speak with a licensed agent to learn more.
He adds that because the agency has services available for contractor licensing, they can change the company’s application to a corporation to help that company to save time and money. The agency currently offers bonds that range from $2500 to $15000. The specific amount of the bond is determined based on the credit score and financial strength of the insured company.
In addition, Rogers states that they can provide a disciplinary bond for contractors, which is one of the specialties of the agency. The California contractors board requires that contractor companies purchase a disciplinary bond every two years. Rogers says that businesses in need of this bond will need to determine their specific bond requirements, which he adds is something that the agency can assist with.
Rogers states that the company specializes in finding the best price for contractor applicants that have lower than average credit scores. He states that while other companies claim to be able to offer very affordable rates for companies with bad credit, most of those companies are selling solutions that are too good to be true. He adds that his agency can sell companies the best possible coverage at the best possible cost because they represent a number of different companies, allowing them to shop around to secure the best coverage price while still ensuring that the coverage is more than adequate.
Those who are interested and need to buy insurance for contractors in Los Angeles or the surrounding areas can visit the company on their official website to learn more. Rogers adds that it is never a good idea to operate a business without adequate insurance coverage and in the case of some business industries, it is illegal to do so. He urges contractors in the Los Angeles area who do not currently have coverage or whose coverage is not affordable to contact the agency to schedule a consultation.
Worker’s compensation and general coverage are two very important insurance types for all businesses. Rogers states that his agency can help contractors to secure these coverages and at a cost that will not cost them more than it should. He states that any company that provides contractor services in California is required to carry certain types of coverage, over and above general coverage, and states that these companies should contact the agency through their website or directly by phone or email to schedule a consultation with a licensed and experienced insurance agent to secure the coverage that they need.
SOURCE: Press Advantage [Link]
Contractors Insurance Solutions specializes in general liability Insurance and California contractors workers compensation insurance for California Contractors. CIS takes pride in its personalized approach to creating policies for its clients.