CCIS Blog

Construction theft results in an estimated annual loss of $1 billion in equipment and tools, according to the most recent stats by the National Equipment Register (NER). About 1,000 pieces of equipment are stolen per month, with a recovery rate of less than 25%. Power tools, hand tools, and heavy machinery (skid steers, backhoes) are among the most commonly stolen equipment and tools. Implementing best practices to mitigate losses and having the right insurance program in place are critical Continue Reading...

If you’re planning to work as a licensed contractor in Nevada, securing a Contractor License Bond is a critical step in meeting state regulations and protecting your business. This guide explains what a Nevada Contractor License Bond is, why it’s required by the Nevada State Contractors Board, and the specific documentation and procedures you’ll need to follow to stay compliant. You’ll find links to official board resources, learn how to gather the necessary paperwork, Continue Reading...

Wondering how much Contractor insurance will cost for your business? The price of Contractor insurance can vary widely depending on the type of work you do, the size of your business, your claims history, and the specific coverage you choose. In this article, we’ll explain the key factors that influence your premium, and show you how to compare quotes from different providers to get the best value. Whether you’re a general contractor, a specialty trade, or an independent subcontra Continue Reading...

Understanding the difference between General Liability insurance and Contractors insurance is essential for anyone working in the construction industry or running a contracting business. While these terms are often used interchangeably, they can refer to different types of coverage, each designed to protect your business from unique risks. In this article, we’ll break down what each insurance program covers. Whether you’re a general contractor, subcontractor, or small business own Continue Reading...

Navigating the contractor licensing process in Washington State starts with understanding the importance of the Washington Contractor License bond. Whether you’re launching a new construction business or renewing your credentials, this guide provides step-by-step instructions on registering as a contractor, including detailed information on how to secure your required license bond.  You’ll learn about the most up-to-date bond amounts, recent regulatory changes, and your optio Continue Reading...