Types of Construction Insurance - The Complete Guide
Oct 2, 2024 · Something to note is that a more specific policy type—commercial truck insurance—falls under the umbrella of commercial auto. While commercial auto insurance is a broad term that covers a wide range of vehicles used for business purposes, commercial truck insurance specifically applies to large vehicles (such as dump trucks, semi-trucks, cement mixers, etc.) and the businesses that use them.
The 10 Best Construction Takeoff Software of 2024
Nov 7, 2024 · Final Verdict. PrebuiltML is a powerful Windows-based takeoff software for professional tradesmen, general contractors, builders, framers, and dealers. With an affordable price and solid features suitable to most trades, PrebuiltML is also one of our Runner-Up picks for the best takeoff software.
The Best-Paying U.S. Cities for Electricians - Construction Coverage
Oct 2, 2024 · Electrician employment is expected to rise by 10.8% from 2023 to 2033, far exceeding the 4.0% growth rate projected for all U.S. jobs. Electricians are also set to outpace their peers in related construction trades. While the overall construction trades sector is anticipated to grow by 6.2% by 2033, plumbers and roofers are projected to see ...
Best Construction Project Management Software (2024)
Nov 7, 2024 · CoConstruct is a construction management software company founded in 2005 and later acquired by Buildertrend. CoConstruct’s product has accrued more than 100,000 users, with many of them being residential builders and remodelers enthusiastic about the company’s tools for supporting construction businesses. Pros.
The Best Builders Risk Insurance Companies for 2024
Oct 17, 2024 · Builders Risk vs. Property Insurance. Commercial property insurance covers all types of commercial property (buildings, inventory, furniture, etc.) against covered causes of loss, such as fire, theft and natural disaster. However, when businesses renovate or build new buildings on their property, the additions are not covered by standard commercial property insurance policies while they are ...
Cities With the Most Mortgage Delinquencies - Construction …
Sep 25, 2024 · *Percentage of mortgages 30+ days delinquent. Full Results Methodology. The data used in this study is from the Consumer Financial Protection Bureau’s Mortgage Performance Trends dataset, the U.S. Census Bureau’s 2022 American Community Survey 1-Year Estimates, and Zillow’s Zillow Home Value Index (ZHVI).To determine the locations with the most mortgage delinquencies, researchers ranked ...
What Is a Punch List? Examples & Templates - Construction …
Aug 20, 2024 · A punch list, sometimes called a snag list, is a document created in the final stages of a construction project to provide a list of items that must be addressed before construction is complete and payment is issued. The owner, architect or designer, and general contractor usually make the list while they tour and visually inspect the project.
What is an Owner-Controlled Insurance Program (OCIP)?
Oct 7, 2024 · Owner controlled insurance programs are complex insurance products that can offer great opportunities for cost savings, superior risk management, and streamlined insurance claims processing for property owners and/or construction project managers. However, getting started with an owner controlled insurance program is more involved than setting ...
Cities With the Highest Home Price-to-Income Ratios
Jun 29, 2024 · The rate of growth of median income has trailed behind that of home prices for at least the last two decades. From 2000 to 2022, the median annual household income in the U.S. increased by 77.6%, from $41,990 to $74,580, while the median home price nearly tripled—a 170% increase—from $123,086 to $332,826, according to data from the U.S ...
U.S. States Investing Most in Manufactured Housing
Oct 2, 2024 · Currently, 21.2 million Americans live in manufactured homes, and manufactured homes represent around one out of every 10 new homes constructed in the U.S. each year. Further, the quality of manufactured homes has increased as well, with better materials, greater energy efficiency, and improved designs. Manufactured Housing Shipments Over Time.