Robert Phelan, CRIS, ARM Reveals Facts Your Broker Wouldn't Dare.
Construction CEOs are buying contractor's insurance based on the lowest premium, and the "savings" are costing them a fortune: up to $20 lost for every claim dollar spent.
The status quo can break a growing company, because brokers get paid their commission, whether or not they help prevent claims, manage risks or improve safety-and in most cases, they don't.
Contractors can go broke: driven into bankruptcy by hidden exposures and insurance loopholes that leave them blind-sided to their biggest risks.
Construction Risk Advisor, Robert Phelan deconstructs the broken system with common-sense ideas to fix it: ways to help prevent the high cost of low priced coverage and keep contractors from the dangers that can bring down their business.
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