Virginia Contractors Insurance: Customized Policies for Your Needs

Posted on: December 22, 2016 by Goodrich & Watson

As a Virginia contractor, you face on-the-job risks every day. The nature of your business presents unique risks that other businesses don’t face. Virginia Contractors Insurance Programs are designed to protect you from these exposures. Depending on the size and type of contracting business you operate, you can benefit from one or all of the […] Read More

The Importance of Contractors Insurance

Posted on: December 15, 2016 by Goodrich & Watson

If you are a carpenter, drywall installer, electrician, landscaper, mason, or any other type of contractor and are not already aware of the importance of Contractors Insurance Programs, you’re jeopardizing your business! Contractors face risks every day, and can be held responsible for myriad liability issues. Insurance is a safety net that can protect you […] Read More

Identifying Cyber Liability Risks

Posted on: October 27, 2016 by Goodrich & Watson

If you watch or read the national news (or are following the presidential race), you’re well aware that computer hacking attacks have reached epidemic levels. Hillary Clinton’s campaign chairman John Podesta was hacked by WikiLeaks, Russian operatives are suspected of hacking into the Democratic National Committee, and corporate giants including Home Depot, Target, and Ebay […] Read More

Contractor Challenges for Winter 2015

Posted on: December 12, 2015 by Goodrich & Watson

As the mercury dips and the chill of winter sets in, contractors prepare for what typically is the most challenging part of the year. Equipment failures, weather-related injuries, frozen pipes, and absentee employees are all challenges contractors face this time of year. In addition to being aware of the common weather-related challenges faced by contractors, […] Read More

Contractor Training: Honing New Skills

Posted on: August 13, 2015 by Goodrich & Watson

As contractors are expected to be experts in their fields, training on new technologies and products in their industries is becoming increasingly important. VA Contractor General Liability can be reduced with the continued education of new innovations, industry standards, and upcoming changes to codes and policies. Product marketing manager of Bradford White Water Heaters Chad […] Read More

New Virginia Workers Compensation Policy Takes Effect

Posted on: June 29, 2015 by Goodrich & Watson

The issue over whether or not workers are constituted as employees or independent contractors has long been a topic of debate. The construction industry has been particularly targeted for these labor practices. This policy change will affect many protections granted to typical employees such as Virginia Contractors Workers Compensation in addition to the FMLA and […] Read More

Top 3 Surety Bond Misconceptions

Posted on: June 4, 2015 by Goodrich & Watson

Earlier this year, we discussed the basics of Virginia Construction Surety Bonds, and how they are essential to the success of the project and peace of mind for project owners. Providing a solution that guarantees the project will be completed according to time frame and specifications while protecting the project owner from a potentially huge financial […] Read More

Do Virginia Contractors Need Business Auto Coverage?

Posted on: April 14, 2015 by Goodrich & Watson

Many Virginia business owners mistakenly believe that a basic Business Owner’s Policy (BOP) or general business property insurance policy will cover all their assets. However, there are a number of limits to the types of property these policies will cover. Neither a BOP nor commercial property insurance policies will protect business owned and non-owned vehicles, […] Read More

How Can Virginia Contractors Protect Their Equipment?

Posted on: March 26, 2015 by Goodrich & Watson

Tools and equipment can be a significant investment for Virginia contractors. The proper equipment can be vital to your success as a contractors, however it also presents a significant exposure to property losses. Artisan contractors specifically, face large loss exposures when it comes to protecting their specialty equipment. Between work vehicles, equipment, tools, building materials […] Read More

What are Virginia Construction Surety Bonds?

Posted on: March 9, 2015 by Goodrich & Watson

If you are new to the construction industry, you might be a little confused about surety bonds. Are they insurance? Are they licensing fees? And why do you have to obtain them in order to secure larger projects? Understanding surety bonds take time, but working with local Virginia Insurance companies to assess your surety needs […] Read More