Why is Roofing Insurance So Expensive?

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Why is Roofing Insurance So Expensive?
Why is Roofing Insurance So Expensive?

Why is roofing insurance so expensive? This is a question I get asked a lot. Hello, I’m Mike Di Pinto, Ferrari & Associates’ Vice President of Construction Insurance, and in this article, I’ll explain why roofing insurance is costly and what factors contribute to those high premiums. Roofing is a high-risk profession due to the inherent dangers involved in working.. Read more

The Importance of a Bonding Facility for Contractors
The Importance of a Bonding Facility for Contractors

Learn how a bonding facility streamlines access to bid, performance, and payment bonds, helping you secure more projects and build trust with clients.

Setting Up Construction Contracts
Setting Up Construction Contracts

Ferrari & Associates assists contractors in establishing commercial insurance and bonding. As construction companies grow, they often overlook critical contract setup, which should be reviewed with a lawyer. Important elements to consider include the scope of work and contract price, payment provisions, termination terms, and insurance requirements. Clarity in these areas is essential to prevent disputes and ensure appropriate coverage. For legal assistance, contact Lori Goldberg; for insurance inquiries, reach out to Mike Di Pinto.

How a Maintenance Bond Fosters Trust
How a Maintenance Bond Fosters Trust

A maintenance bond is a powerful tool that helps Canadian contractors build their reputation, gain trust and secure future projects. Not only does this bond provide financial protection, but it also plays a critical role in solidifying positive relationships between contractors and project owners. When contractors provide maintenance bonds, they show commitment to delivering high-quality work and standing by it.. Read more

Why do I need builder’s risk insurance?

Toronto builder’s risk insurance is a type of property insurance that covers any damage done to buildings during construction, protecting the developer’s materials and equipment being used throughout the construction process in case they are damaged by a covered cause. This type of insurance is crucial when building a residential, commercial or any other type of structure, especially for builders.. Read more

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