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4 Types of Insurance Construction Companies in Florida Should Have

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4 Types of Insurance Construction Companies in Florida Should Have

The Sunshine State is a leader in national construction spending. In 2021, for example, more than $37 billion worth of building permits were approved in Florida, only behind Texas.

With such numbers, it’s not difficult to see why more entrepreneurs are starting construction companies in the state. However, owners of construction companies in Florida must adhere to various industry regulations. One such regulation is insurance. 

In this article, we’re digging into Florida business insurance laws. Read on to learn the various insurance policies your company should have.

1. General Liability Insurance

Construction is a risky business. The risk of injuries to construction workers is high. There’s also the risk of property damage.

How do you protect your business from the financial consequences arising from such risks? If you damage a client’s property during a remodeling project, they can sue you for compensation.

This is where general liability comes in handy. If the claim is valid, your insurer will compensate the client accordingly.

In Florida, contractors must purchase at least $300,000 liability insurance for bodily injury, and at least $50,000 for property damage. In fact, you must purchase this coverage to get your general contractor’s license.

It’s prudent to buy more liability coverage as your business grows. As you take on more construction projects, your risk exposure increases.

2. Workers’ Compensation Insurance

Construction businesses with one or more employees must purchase workers’ compensation.

This type of insurance compensates your workers after they’ve been injured on the job. This protects your business from needing to pay for their medical expenses, loss of income, and other costs out-of-pocket.

This guide has more information on what you need to know about workers’ compensation insurance in Florida.

3. Professional Liability Insurance

Professional liability insurance is popular among doctors, lawyers, and accountants. But it’s also something construction companies need.

As a contractor, you’re providing a professional service. Sometimes a mistake can happen on the job. You can miss a deadline, for example. Or make a construction error that affects the quality standards of a building.

In either case, your client can sue for compensation. With professional liability coverage, you won’t worry about paying the settlement from your own funds.

This insurance policy isn’t legally required, but it’s in your best interest to purchase it.

4. Commercial Vehicle and Construction Equipment Insurance

If your company owns vehicles, it’s a requirement to purchase commercial auto insurance. In case of an accident, your company won’t have to suffer property losses or pay the medical bills of the injured.

Construction equipment insurance covers a wide range of construction machinery and equipment. It reimburses your company in the event of equipment damage during an accident or theft.

Construction Companies in Florida Must Be Insured

Construction companies in Florida must purchase general liability and workers’ compensation insurance. This is required by law. In addition, it’s wise to also purchase professional liability and equipment insurance policies.

Explore our blog for more business advice.

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Advice On Extending The Life Of Your Memory Foam Bed

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Advice On Extending The Life Of Your Memory Foam Bed

The ultra-absorbent polyurethane foam used to produce memory foam mattresses sometimes referred to as “synthetic viscoelastic foam,” provides pliable support that makes lying on one feel like lying on a cloud. Given that NASA developed memory foam for space shuttles, that is logical. Customers have gushed about the wonderful comfort these beds offer since memory foam entered the mattress market.

Maintaining the quality of the best memory foam mattresses you have purchased became essential over time. At the end of this post, you will grasp the tips on how to maintain the comfort and durability of your memory foam mattress. read in advance;

1. Ensure Your Mattress Is Safe

Innovative mattress protectors. A mattress protector should fit snugly, like a fitted sheet, to prevent spills and stains. Encasement protectors, which cover all six sides and have a zipper, are also available (including the bottom). Sleepers with allergies or bedbugs can utilize the best mattress encasement protectors. Whether you eat in bed or not, a mattress cover is vital to protect your mattress from bodily fluids, skin flakes, spilled food, and drinks.

2. Lay A Firm Foundation

Having a base isn’t required for a memory foam mattress to operate well, but it will raise your bed to the right height. If you use memory foam mattresses, your base must be solid, level, and gap-free. Slats on a slatted base should be no more than 2.75 inches apart to prevent uneven mattress wear. If the slats are too far apart, you’ll need to buy extra or use a plywood board.

3. Prevent Pets And Children From Jumping

This counsel is direct. Pets who roam freely and lie on the bed stimulate the spread of germs, insects, and bacteria where you sleep. The perfect situation is when you meet a nice and cuddly bedmate. The worst-case situation is parasite eggs nearby about to hatch. It’s encouraged to ban youngsters under 8 from jumping on beds. Bouncing on the bed is not only hazardous, but it also damages the mattress. The memory foam is overworked by the quick up-and-down movements, which don’t prolong its life.

4. Rotate Your Mattress Regularly

It’s common if you’ve heard of this advice, but have you ever put it to use? Rotate your memory foam mattress 180 degrees every season, starting right away. This method is based on the idea that sleeping in the same spot on the mattress every night could be uncomfortable and lead to a concentration of wear and tear in that area. It should be noted that certain high-end made in the USA mattress producers make mattresses that don’t need to be turned.

5. Make Your Mattress Clean

Your memory foam mattress may be protected against sweat, dust mites, and other allergies by vacuuming it at least twice a year. Start by sprinkling baking soda on your stripped mattress since the longer it remains there, the better. A few drops of essential oil are an optional addition. At some point, take out the vacuum and completely remove the baking soda using the upholstery attachment. The tufts, seams, and areas between the mattress and foundation are known to be dust mite havens.

6. Do Not Make Your Bed

You did indeed read that correctly. While it might appear illegal to put off making your bed, it is not recommended. Delaying making the bed gives your memory foam mattress and linens time to breathe, giving any moisture that may have accumulated throughout the night a chance to evaporate.

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