Broke: An Expose Of Contractors Risk Insurance Practices

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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