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Construction Insurance Bulletin


By January 1, 2013No Comments

Flimflam artists and the sad stories of their victims are the stuff of local newspapers and police blotters. However, as business headlines attest, all the con artists aren’t working the streets. Some are doing quite well in boardrooms and corporate offices.

Insurance is far from immune to these charlatans. Whether it’s a great deal on Construction Bonds, a scheme to lower your Workers Compensation costs, or a “new” concept in Health coverage, an old adage might apply best: There’s no such thing as a free lunch.

How can you tell the difference between a great deal and a scheme to pick your pocket? Before making any commitments, check out unknown entities with an organization that makes it their business to protect you from the fly-by-nights. These include your local Chambers of Commerce or Better Business Bureau. When it comes to insurance, your state insurance regulator is probably the best source of both valid information and enforcement when fraud is uncovered. To check out an insurance company, use such rating services as Standard & Poor’s and A.M. Best. These can usually be found at your local library or online.

Don’t forget one of the best ways to avoid being taken to the cleaners by a con game: Deal with reputable, professional insurance representatives, such as ourselves. We’re here for the long term, so you can trust us not to be interested in short-term scams at the cost of long-term loss of reputation and livelihood.

Call anytime – we’re here to help.