Contractors Pollution Liability

Contractors and Construction Insurance in Wayne, NJ

Being an active participant in the construction industry means that you fully realize that safety must be the number one priority for both workers and visitors to the worksite. Construction Insurance in Wayne, NJ is vital for all contractors to have in place. This policy will provide coverage in the event that anyone is injured on the job site.

Examining hiring practices

The construction industry is made up of individual workers, each contracted to provide services under distinct terms, from subcontractors to hired employees, and from labor brokers to independent contractors. There are different circumstances with each type of paid worker. With subcontractors, it’s generally advised that you, as a contractor, draw up a contractual agreement while ensuring that participants are licensed, bonded, and insured before hiring them. They bear equal responsibility for the project and may be liable for any issues if a client deems that the work is subpar, or in the event that the job is not completed.

Hired employees, however, don’t fall under the same requirements. For example, when hiring employees, the contractor is required by law to withhold taxes, pay wages, benefits, and comply with all employment laws. They are also required to provide workers comp insurance in the event of any on-the-job injuries. The contractor may also opt to solicit a broker to help provide labor. They will have a similar relationship with these workers who are also considered employees during the course of performing work for the contractor’s company.

Hiring independent contractors means that the contractor pays them directly but isn’t responsible for paying benefits or withholding taxes. There are strict tax reporting requirements in place for working with independent contractors that must be followed to avoid breaking any rules or laws regarding this type of employee, which could result in costly fines if not adhered to.

The Occupational Safety and Health Act (OSHA) require that contractors provide a safe workplace for their employees, one free from any recognizable hazards. Things such as tools, scaffolding, debris, and any large machinery and trucks constantly moving back and forth all pose concerns due to the risks involved in working in these conditions. In any case, Construction Insurance in Wayne, NJ should, without question, be used to provide necessary benefits, along with protecting the interests of everyone involved in the project.

Three Reasons You Need Construction General Liability in Newton, NJ

As a general contractor, you have a lot you are responsible for. Your work site is often a dangerous place to be and you typically have the duty of making sure your employees are protected from those dangers. As you consider the options you have, don’t overlook construction general liability in Newton, NJ. The following are three reasons you need this coverage:

  1. Security – Instead of worrying about claims being brought against you simply for handling a dangerous job, you can do what you are best at and know you are secure if someone comes after you financially. This also gives your employees a sense of security.
  2. Protection – You need your assets to do your job, and if they are seized so you can afford a judgment, you could be put out of business. General liability protects your assets, and essentially your company.
  3. Survival – Nobody plans to have a judgment brought against them, but especially in a risky industry, you can’t be too careful. You need a survival plan to ensure your business stays intact no matter what happens.

As you can see, there are some important reasons to consider construction general liability in Newton, NJ. Speak with your insurance agent today to get more of an idea of what you can do to protect your business and your employees.

Clients, Employees, and New Jersey Contractors Insurance

There are many ways to protect your construction business and having proper new jersey contractors insurance is just one of them. One of the first areas that need considerable thought is your hiring practices. You’ll want to hire a team of employees that is dependable and responsible. Having good people in place working for you is one of the keys to success. Make sure that you not only hire competent workers, but also ensure that you keep them happy and continue to retain good workers for all of your company’s projects.

Make the client your number one priority

Always put the client first. This is accomplished by having a good line of communication. While performing the work, make sure to stay in communication with the client along with others you’ll be working with. Not only will this allow for the project to run smoother, it may also lead to being awarded future projects.

You’re going to be judged first and foremost by the service you provide. The best way to increase customer referrals is by offering quality service to all of your customers, big and small. Satisfied clients will offer referrals that will grow your client base and increase profitability. It is a prudent practice to make sure that you are not only reaching out to potential new clients but also checking in on previous ones. Make sure that they know how to contact you in the event that there are any issues with the work you’ve performed.

Also, remember that the world is constantly changing. It’s important to stay up to date with technological advances within the industry. Being familiar with any new technology can help increase production as well as allow for better networking.

Having all the necessary New Jersey contractors insurance coverage in place will give you some much needed security. Growing your business requires that you take certain precautions to help ensure the security of yourself, your clients, and your employees, including visitors to work sites and even unexpected guests or intruders. You need a policy that will protect you and the business against injury and property loss.

Contractors Pollution Liability Addresses Environmental Risks on the Job

Contractors face a lot of risks on job sites, including those stemming from pollution liability exposures. This comes with the territory and shouldn’t be taken likely. Just as one protects its business in the event of a crew member getting hurt on the job or a property being damaged from fire while under construction, environmental risks are as real and critical to an operation’s viability and require protection.  Some of the pollution exposures contractors face include contaminated soil disposal and the accidental release of fuel oil, chemicals and toxic gases from broken pipelines, utilities, and stationary and mobile fuel tanks. For these reasons and more, Contractors Pollution Liability insurance is a must-have component for the construction industry.

Just take a look at a couple of actual claims cited by a major insurers, underscoring the need for insurance coverage: A contractor responsible for fueling airplanes at a major airport had its hose rupture causing a 5,000-gallon jet fuel spill that blanketed the ground. With Contractors Pollution Liability policy, the cost of remediation is covered, avoiding a devastating loss for the contractor. In another case, a paving contractor sprayed an oil-based binding layer on crushed aggregate, and planned to complete the asphalt roadway the following day. A heavy overnight rain caused the binding layer to run off into the groundwater supply, contaminating residential wells. Contractors Pollution Liability insurance provides coverage for the property damage and cleanup costs.

What’s more, contractors also face the potential for loss when performing certain type of work, such as Renovation, Repair and Painting RRP) jobs. Under the Environmental Protection Agency’s (EPA) RRP rule, effective April 2010, contractors that perform these types of projects that disturb the lead-based paint in residential properties (including multi-family properties), child care facilities, and schools built before 1978 must be certified and follow specific work practices to prevent lead contamination. For instance, for work performed on pre-1978 buildings, painting contractors must sample the paint to determine whether lead is present, and employ adequate measures. Moreover, the RRP rule affects almost anyone involved in renovation industry – including builders, contractors, carpenters, drywallers, plumbers, electricians, and those who do windows, siding, roofing, HVAC, and more.  Contractors Liability insurance coverage will respond in the event of a bodily injury, property damage, and cleanup costs stemming from operations performed by the contractor or operations performed on the contractor’s behalf.

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