SBA Hazard Insurance Requirements: What You Need, When You Need It, and How to Certify
Reading Time: 6 minutesSBA Hazard Insurance Requirements: What You Need, When You Need It, and How to Certify When the SBA requires hazard insurance on a loan, it’s protecting its collateral — the physical assets securing your loan obligation. Understanding exactly when the requirement applies, what counts as qualifying coverage, and how to document compliance keeps your loan […]
General Liability Insurance for Contractors: Policy Comparisons
Reading Time: 4 minutesGeneral Liability Insurance for Contractors: Policy Comparisons and Complete Coverage Guide 2025 General Liability Insurance Cost Updates The Hartford reports a national average of approximately $1,395 per year for construction-related general liability insurance. General small business GLI averages about $805 annually (≈ $67/month). Next Insurance: 94% of contractors pay around $77/month for GLI. Insureon / TechInsurance: […]