Risk
Business

Impact of Experience Modification Ratings on Contractors
In some states, the holy grail of experience mods is 1.00 or less. If the mod is higher, talk to the insurance broker to identify factors other than losses that may be driving up the rate.
By Jose Suarez
January 30, 2018
Topics
Risk
Business
by Jose Suarez
Jose Suarez specializes in property and casualty insurance with a focus on construction, real estate and manufacturing companies. With more than 14 years of experience, Jose works closely with his clients to fully understand their specific needs and find opportunities for premium savings and risk management solutions.
Related stories
Risk

Your Crisis Communication Guide: Anticipating Construction Plans to Hit Unexpected Obstacles
By Anne Lackey
The time for crisis planning is during quiet moments when clear thinking can help build a framework for handling whatever challenges arise.
Risk

Builder’s Risk: Three Blind Spots Impacting Your Project’s Success
By Dennis Tsonis
While construction insurance is costly, underinsuring may prove more so in the long run.
Risk

Three Common Causes of Electrocution on Construction Sites and How to Avoid Them
By Randy Dombrowski
Electricity is an unavoidable presence on every construction site—but electrocution doesn’t have to be. Here’s how to keep crews safe.