Blog

5 Steps to Protect Against Lost or Stolen Tools

5 Steps to Protect Against Lost or Stolen Tools

Investing in tools and equipment is a necessary part of being a business owner. What's not necessary is paying for those same tools a second time if they get lost or stolen. According to National Crime Information Bureau (NCIB), as much as $1 billion a year is lost nationwide due to theft of construction equipment and tools -- and the recovery rate is less than 20 percent. Discover 5 steps to protect your tools from being ...
March 15, 2021By InterWest Insurance Property Insurance Builders Risk Insurance, Commercial Property Insurance, Tools and Equipment Coverage 0 Comment Read More »
What is Course of Construction Insurance?

What is Course of Construction Insurance?

Designed to protect construction projects that are in progress along with tools and equipment on the job site, course of construction coverage helps protect you from financial losses caused by natural disasters, vandalism, theft, fires, or even pandemics like COVID-19. Also called builders risk insurance, the short explanation of what this policy does for your construction business is simple: It protects your business' investment in an active construction project. Course of Construction Has You Covered Taking out a ...
July 13, 2020By InterWest Insurance Contractor Insurance Builders Risk Insurance, Course of Construction Insurance 0 Comment Read More »
The Contractor Insurance Policies You Need for 2020

The Contractor Insurance Policies You Need for 2020

If you're taking a "set it and forget it" approach to your contractor insurance, you could be leaving your construction business vulnerable and exposed to a host of ever-changing risks. When it comes time to renew your annual policies, take a moment to ensure your construction business is covered against the risks it faces today -- which could be quite different than the ones it faced in previous years. Take a look at the construction insurance ...
December 20, 2019By InterWest Insurance Contractor Insurance Builders Risk Insurance, Contractor Pollution Liability Insurance, Cyber Liability Insurance, Tools & Equipment Insurance 0 Comment Read More »