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General Liability Insurance And Workers´ Compensation Insurance For Trade Contractors, Home Builders And Remodelers With Savings Up To 38%!

Myth #1: Transfer Assets To Your Wife And Don´t Worry About Insurance

Myth #1

"I don´t need to spend all that money carrying Workers´ Compensation and General Liability Insurance. I´ll transfer all my assets over to my wife and if I get sued, I´ll just stop working and lay low for a while until it blows over."

Reality #1

I shouldn´t even have to insult the responsible contractors explaining this one except for the sad fact that many irresponsible contractors adopt this attitude and underbid the responsible contractors who do the right thing.

This strategy might seem to work in the short run, but eventually, something will go wrong. In the meantime, every time such a contractor builds wealth and acquires assets, he has to worry about losing it all in an uncovered lawsuit. (And what about the risk of losing the transferred assets in a divorce?)

Today´s more sophisticated and better educated project owners and homeowners don´t want to trust their biggest investment with a short-term journeyman contractor. Besides, general contractors require these coverages or else they will make a deduction from the sub.

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Sadler & Company, Inc.
3014 Devine St.
PO Box 5866
Columbia, SC 29250-5866
Toll Free (800) 622-7370 Local (803) 254-6311
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