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#1 |
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Pro
Trade: General Contractor
Join Date: Oct 2009
Location: midwest, ky
Posts: 103
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Insurance Jobs
I know a few people that often abuse there insurance policies and the insurance companies seem to be happy to oblige as long as you use the contractors they want to send out. And then they seem to get all tore up if you want to use some one else.
Any of you guys sucked in there with the insurance companies, whats the deal. Come on don't be shy. |
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#2 |
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New Guy
Trade: Roofing, Siding, and Windows
Join Date: Nov 2009
Posts: 20
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Re: Insurance Jobs
I really haven't experienced that... Maybe someones getting a kick back.
http://www.eliteroofingwi.com/ Last edited by Elite1; 11-18-2009 at 09:40 PM. |
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#3 |
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Service & Repairs
Trade: Electrician
Join Date: Dec 2006
Location: Rahway, New Jersey
Posts: 3,998
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Re: Insurance Jobs
I'm new to being in business for myself and I have one job that insurance will be paying and so far it has not been a good experience. Why do they take so long to free up some money so the job can get started? I'm just a sub and I'm not even sure the job is mine yet but it seems like the insurance company is slow to pay out for construction start up costs. I am not a financial institution, I need money up front to start a several thousand dollar job. So far, not so good.
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#4 | |
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Capra aegagrus
Trade: Remodeler
Join Date: Jan 2008
Location: Central Pennsylvania
Posts: 9,743
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Re: Insurance JobsQuote:
There's definitely good money to be made there, but in my experience you have to be able to wait for it. If you don't have the cash reserves to tide you over (and most small/startup guys don't), it can be a pretty tough road to travel. But as a sub, your GC should insulate you from that. I think what you're really grumping about is that you have a bid in, but have to wait longer than you'd like to find out if you're going to be working in a week or three, right? BTDT. Tough as it is, you just have to put that one on the "maybe" list and keep on scratching up other work until you get a go/no go. And if you get a "go" while in the middle of another project, that's a whole other balancing act you're going to have to deal with. You could always go to work at a factory... <thump, zzz, whoosh, thump, zzz, whoosh...). |
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| The Following User Says Thank You to Tinstaafl For This Useful Post: | Magnettica (11-18-2009) |
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#5 |
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Service & Repairs
Trade: Electrician
Join Date: Dec 2006
Location: Rahway, New Jersey
Posts: 3,998
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Re: Insurance Jobs
That's exactly what it is.... the waiting, not knowing, and throw in a lack of communication from owner and GC.
This job is from another electrician who was too busy to get to it and wanted me to do it since he could trust me. By the time this one comes through he'll probably be looking for work. Ain't that the truth, though? |
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| The Following User Says Thank You to Magnettica For This Useful Post: | Tinstaafl (11-18-2009) |
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