Contractors are usually tempted to lowball their payroll estimates when setting up their contractors common liability insurance policy and their little contractors personnel compensation coverage. But this method can backfire on the modest contractor when the payroll audit time arrives close to. This video explains how the audit lure operates and how it can hurt a tiny contractors cash movement. It doesn’t make a difference if you are chatting about painter insurance policy, plumbing insurance, lawn care insurance policies, carpenter insurance policies, landscaping insurance coverage, grading insurance policy, flooring insurance, landscape insurance policies, lawn mowing insurance, or heating insurance, you will do far better to use exact payrolls when setting up your insurance policies policies to prevent this audit lure. Also, you will usually want to offer with an impartial insurance agent who specializes in handling the insurance policies requirements of little contractors. An agent like the one identified at www.TheContractorsHelper.com
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