False workers compensation claims can have a harmful effect on residential building companies. The numbers of fake claims vary from 1% to 20%, so it is not easy to obtain a solid picture of how widespread the phony claims are, and what they cost business owners.
Read MoreTo bid on a project, you need to have accurate information on what insurance you have, what your premiums cover and the overall cost. To get an accurate picture, contact your insurance agent. That person can give you an exact statement of your insurance costs.
Read MoreLet CCI Save You Money On Your Next Contractors Liability Insurance Policy.