Aug 11, 2019
August 12, 2019 - /PressAdvantage/ - Contractors Insurance Solutions Inc, based in Burbank, California, has announced that they are offering their services as a licensed contractors insurance agency in California. They specialize in securing custom-fitted contractors insurance policies and California contractors license bond for clients in southern California. It is owned and operated by a licensed California contractor, which means that they know the construction industry.
“With custom-built insurance programs designed to meet your company’s specific needs, you will have the confidence to freely run your business, armed with the security and peace of mind that comes with knowing that you will be covered financially in the event of an accident,” says Matt Rogers, owner of Contractors Insurance Solutions Inc.
The company provides California contractors insurance and the $15,000 California state contractors’ licensed bonds that are required of all contractors by the state. In addition, Contractors Insurance Solutions Inc also offers all types of construction bonds: bid bond, performance bond, release bond, payment bond, and all surety bond in Los Angeles.
Contractors Insurance Solutions Inc specializes on all California contractor bonds. For instance, there is the LLC employee worker bond, which is required by the contractors board to have a LLC contractors license. The company calls everyday for quotes for this particular bond because of this requirement. It was in January 2012 that the California contractors board began issuing LLC contractors license.
They have observed that most of the time, the contractor is not aware about all of the requirements the LLC has to get licensed. Since Contractors Insurance Solutions Inc has contractors licensing services, they are able to change the application over to a corporation license to avoid all of the insurance requirements for the LLC contractor license, thus saving money and time for the client.
The disciplinary bond for contractors is also one of the company’s specialties. The contractors board may require the contractor to get disciplinary bond for two years if the contractor has an issue or complaint. For this, the first thing to do would be to find out and confirm the bond amount requirement. Most of the disciplinary bonds in California are for $15,000 although some are for $30,000. The price of the bonds is based on the contractors credit score but clients of the company need not worry about their credit score for this one. Contractors Insurance Solutions Inc will be doing its best to get a bond at a reasonable price.
And then there is also the contractors license bond amounting to $15,000 that is a requirement to have an active license in California. The company specializes in obtaining the best price for clients who have bad credit scores. The company warns that many other companies advertise extremely low prices but most of them are too good to be true. On the other hand, Contractors Insurance Solutions Inc is constantly shopping for the best prices that they can offer to their clients.
Meanwhile, the SBA bonds can help contractors who don’t have the financial strength or collateral to qualify for performance bond and a bid bond. The company has helped new contractors obtain their first bonds. And for construction projects that are being financed by financial assistance from SBA, the contractor will need to have a bond. These bonds are quite hard to obtain because most bond companies only write bonds to protect public money. Nevertheless, Contractors Insurance Solutions Inc has been able to obtain bonds for contractors in this situation.
The company also specializes in California workers compensation for contractors. They work with each individual contractor to have a comprehensive understanding of the needs of the business. This allows them to provide their clients with optimal workers compensation insurance coverage and rate. The company is able to save both time and money for the client by understanding their needs and the work process that the contractors go through.
Those who need to learn more about the contractors insurance being offered by Contractors Insurance Solutions or want to buy California contractors insurance can visit their website, or contact them by telephone or through email.
For more information about Contractors Insurance Solutions Inc, contact the company here:
Contractors Insurance Solutions Inc
2600 W Olive Ave #591, Burbank, CA 91505
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