The GIB Insurance Blog — Page 2

On this page: bonding capacity, EMR, builders risk and small-job licensing rules

Page 2 of the GIB blog collects articles on the numbers and decisions that shape a contractor's insurance program before a bid is ever submitted. If you want to take on larger jobs, start with how bonding capacity actually gets calculated and then how prevailing wage affects insurance costs on public works — together they explain why a surety and a workers' comp underwriter both look closely at your financials and payroll. If your workers' comp premium seems high for your trade, the Experience Modification Rate (EMR) explainer walks through what that number measures and why it matters so much.

The rest of the page is organized around who owns a risk. Builders risk: who should buy the policy and the developer's insurance timeline sort out owner, general contractor and developer responsibilities on a new build, while additional insured vs. certificate holder explains a distinction that decides whether a GC's contract requirement is actually met. Contractors working outside California should read the Utah handyman exemption and Nevada small-job exemption articles before relying on an exemption, and anyone serving beer, wine or spirits can get the basics from Liquor Liability 101.