As a contractor, it is important to keep your business, employees, and clients protected. This can be done with the right contract insurance in Newark, NJ. However, all contract insurance policies are not the same. For this reason, if you are looking for a new contractor insurance policy for your business, here are three tips to help you get the most for your money with the best possible coverage: compare quotes, bundle policies, and work with a reputable insurance agent serving the Newark, NJ area.

1. Compare Quotes

When shopping for contractor insurance it is important to compare various quotes in detail. All policies are not the same. They typically differ in price and what is covered. For this reason, it’s important to use a trusted insurance agent to help guide you through this process and point out the finer details that you may miss. 

2. Bundle Insurance Policies

When you have more than one insurance policy, it’s a good idea to bundle them together under one insurance company. This will save you money on your premiums. You can bundle auto, home, recreational, commercial and other insurance polices together to save you money. Again, use a reputable insurance agent to guide you through this process to save you as much money as possible. 

3. Work with a Reputable Agent

You want the best contractor insurance for your needs in Newark, NJ. At E.S.T.I.R. Inc. our reputable agents will guide you every step of the way when purchasing contractor insurance for your business. When you contact us, we will answer all your questions and help you find the best policy for the price you want. Contact E.S.T.I.R. Inc. today and our friendly agents will take the time to explore and find the policy you need. 

At E.S.T.I.R. Inc. we want your business to be fully protected so you can have the best chance at success no matter what the world might throw at you. This is why understanding exactly what your business’ insurance needs are is vital. We serve Newark, NJ and businesses in the surrounding areas. 

Should You Upgrade Your New Jersey Business Insurance to Commercial Insurance? 

According to the State of New Jersey, all business’ no matter the size must have basic liability insurance to protect themselves. If you have a product, then you need a minimum of a product liability insurance policy, and if you provide a service you need professional liability at a minimum. The point where you need to upgrade to commercial insurance is a blurry line in some cases, however, it is good to keep in mind that the more full your coverage is, the safer your business is in any case.

Commercial insurance is needed if you have company vehicles or machinery that you are liable for. Keep in mind that you have liability to the employees operating the vehicles and machinery as well. A lot can go wrong, and when it does it will fall on your shoulders as the business owner, no matter the size of your company. Getting the best commercial insurance for your company means that you can enjoy the perks of being boss with a better night’s sleep at the end of each day because you know you, your property, and your employees are safely covered in an emergency. 

Contact us at E.S.T.I.R. Inc. to discuss your commercial insurance needs. We serve Newark, NJ with quality insurance and all the information you need to keep your life protected with the exact coverage you need. Call today. 

As the weather cools down, in many areas ice and snow become part of the landscape. That means some key safety tips need to be implemented. Here are key safety reminders from E.S.T.I.R. Inc. serving the Newark, NJ area.

Tire tips 

Tires should be at the proper inflation level for winter driving. Ask the mechanic to check and inflate them. Recheck them periodically as needed. If needed, replace tires, and preferably do so before the wintry weather season begins.

Seatbelt safety

No matter how far or near you are driving, be sure that you and everyone in the vehicle is properly secured with seatbelts. Also, assure that babies and children are in properly installed age-appropriate car seats and booster seats.

Driving distance

Leave plenty of space between your vehicle and other vehicles when the roads are slippery or have snow or ice on them. Gradually brake rather than coming to sudden stops. All of this becomes even more relevant when there is a heavy snowstorm or an ice storm.

Alert driving

It is always important to be alert while driving but even more so during wintry weather. So do not drive unless you have had adequate sleep and rest. Pay full attention while driving.

Gear and tools

Make sure to have certain key items on hand in the car. That includes an ice scraper and brush to remove snow from the windshield and other parts of the car. Also have a fully charged phone plus emergency blankets, water and food.

It is definitely possible to drive during cold weather and wintry precipitation while staying safe. Follow the above tips and see that it is true. If you need more information about auto insurance, feel free to contact E.S.T.I.R. Inc. serving the Newark, NJ area.

No matter if you are a contractor that mostly works on residential repairs in the Newark, NJ area or one that installs pipes for high-rise buildings, you need to carry the right insurance from E.S.T.I.R. Inc. for every single job. Skipping this simple step can open your business up to huge liability payments and turn aside potential employees from a ragged reputation.

When the Client Trips on the Job Site

Even if you have a closed job site, at some point the client will want to visit and check on the progress. All it takes to take a huge chunk out of your bank account is a simple misstep off scaffolding, trip over a wire, or walking under the trash chute.  You need to make sure your contractors’ liability insurance is up to snuff in covering the worst possible scenario.

When Your Sub Snips the Wrong Wire

The stakes are high when you are building a new multi-use complex, especially in a busy urban neighborhood. You will have multiple sub-contractors on site at any one time, and somebody is going to make a  mistake. That workman’s compensation coverage added to your liability coverage will make sure that inconveniences and injuries are addressed quickly and appropriately and keep the job on schedule.

When Your Van is in an Accident

Don’t forget that your fleet of vans and trucks will need commercial coverage. In worksites that haven’t worked out a proper road system yet, there is a greater chance of hitting a giant pothole, slamming into a new curb, or simply bumping into another construction vehicle. E.S.T.I.R. Inc. is here to help you sort through the mire of potential risks and challenges you face in the Newark, NJ area and provide the contractors’ insurance you really do need.

If you already own any type of business and you’re asking yourself this question, the answer is yesterday. If your business is not yet started but is in the works, now is a perfect time to talk to an insurance agent at E.S.T.I.R. Inc. to discuss your options.

The best time to purchase commercial insurance is in the planning stage of your business. This way you have time to work with your insurance agent to build the perfect policy for your needs. By talking about the vision for your business with your insurance agent, you can work with them to create your customized plan. When you talk to your agent as you’re planning your business and your insurance plan, you can discuss the types of coverage you’ll need such as property, liability, business interruption coverage, and more.

Just as important as buying your initial commercial insurance policy is updating your policy as your business grows and your needs change. For example, if you move from a home business to a brick and mortar office space, it’s definitely time to revisit your policy. This is especially important if you were initially insuring your business through your homeowner’s policy instead of through a commercial insurance policy. If you wait to make changes or buy new insurance, you could be left with gaps and devastating losses in the event of an incident at your business.

It doesn’t matter how big or small your business is, if it’s not already insured, it needs to be right away. If your business is located in or near Newark, NJ, contact an agent at E.S.T.I.R. Inc. right away to discuss your commercial insurance options. We’ll work with you to create the perfect policy for your business. 

Are you a contractor with a growing business? Or have you been established for many years, yet are still not sure if all of your insurance needs are met? At E.S.T.I.R. Inc. we want the community business owners to be fully protected in case of any event. Here are some commonly asks questions about contractor’s insurance in Newark, NJ.

• Is it a legal requirement to have contractor’s insurance in NJ? Commercial general liability with a minimum of $500,000 per occurrence is the requirement in NJ. It is not only legally required but the law also states that you must post the certificate of insurance and the telephone number of the insurance agency issuing it at your job site. 
• Do I need an umbrella policy? The answer depends on your situation. A general liability policy covers one million at most if your project or potential risk is higher than that umbrella policies can cover up to ten million in a typical case. 
• Why Would I need more than the minimum, I am just a small business? There are big risks in the contractor’s business regardless of the size of the job. For example, the materials you are working with and the whole job site may only amount to 100,000 which is within the range of minimum coverage. However, what if you lose a finger to a band saw? Or an employee gets severely wounded by a pressure washer? There are a million variations of bodily harm risk that makes a higher coverage-worthy. 

Contact us at E.S.T.I.R. Inc. if you have any further questions about contractor’s insurance or if you are ready to update your policy. We proudly serve business owners in and around Newark, NJ.