DMB Community Bank. A long-standing culture of community and entrepreneurship has allowed for multiple independent banks and credit unions in Madison, Wis., to prosper. Although,... Read more âº
Mine subsidence insurance costs $1 per thousand dollars worth of coverage a year. Private residences can be insured for $5,000 to $150,000. Other structures can be insured for up to $250,000. The insurance has a $250 deductible for residences and $500 for other structures. Only the structure can be insured, not its contents.
Collect COIs to Manage Subcontractor Risk. You carry insurance to protect your business from liabilities. If you use subcontractors and vendors, itâs also. important to make sure they have appropriate insurance. Collecting certificates of insurance is the best way to. make sure they are covered â and that youâre protected. Certificates of insurance provide evidence that your subcontractors and vendors have insurance. They indicate. the timeframe for which the subcontractor or vendor is covered and the amount of coverage.