Construction Insurance

Construction Surety Surety Bonding Uncategorized • December 28, 2024

Bid Bonds for Plumbing and Heating Contractors

Contractors bid on municipal projects for reliable income, large opportunities, and enhanced reputation. These bonds are vital for companies looking to diversify in the public sector. This article will explore the crucial role of bid bonds for plumbing and heating contractors. Bid Bonds help companies in their industries secure municipal contracts. Bid bonds for plumbing and heating contractors can also.. Read more

Bonding Construction Surety Surety Bonding • December 5, 2024

Subdivision Bonds A New Era for Ontario Home Builders?

Ontario is facing a serious housing shortage that affects how affordable and available homes are throughout the province. Recent reports show that there is a significant shortfall in housing. This problem is made worse by population growth and rising home prices. To tackle this issue, the provincial government passed Regulation 461/24 under the Ontario Planning Act on November 20, 2024… Read more

Construction Roofing • December 3, 2024

Understanding Torch Roofing Risks

Mike Di Pinto, VP of Construction Insurance at Ferrari & Associates, highlights the risks associated with torch roofing, a method utilizing propane torches to seal roofs effectively for 15–20 years. Despite its durability, torch roofing poses significant fire hazards, including the potential ignition of flammable materials and hidden smoldering fires, along with injury risks for workers.

Bonding Construction Roofing • December 2, 2024

How To Lower Roofing Insurance Premiums

Welcome back! I’m Mike Di Pinto, Vice President of Construction Insurance at Ferrari & Associates. If you’ve already read my first article, “Why Is Roofing Insurance So Expensive?” thank you for continuing this journey. In that article, I outlined why roofing is considered such a high-risk profession and how these risks drive up insurance premiums. In this second part of.. Read more

Construction Roofing • November 27, 2024

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

Bonding Construction Surety • November 1, 2024

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.

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