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Lxnxjxhx
Guest
Any recommendations? My premium doubled from last year.
Lxnxjxhx said:Any recommendations? My premium doubled from last year.
Lxnxjxhx said:Any recommendations? My premium doubled from last year.
satcom said:Last year the liability and comp rates went way up, and some companies will accept business from contractors working with condos and townhouses, where a large ingerase in claims from this group caused the spur in prices, poorly trained employees having more accidents, and building sub standard construction all caused the insurance underwriters to act, we try to avoid this end of the market.
Electricians should band together and tell builders "This is the house, this is what we charge."BackInTheHabit said:Most builders in our area tell you "This is the house, this is what we pay." I've seen houses wired for $1.40/ square foot. I never saw anything over $2.00 square foot.
BackInTheHabit said:Costs of insurance have put a lot of local businesses out of business. the profit margin on most new homes is only about $200.00 after material, labor , etc.
When copper jumped 500% in 2005 some contractors had to eat it. Most builders in our area tell you "This is the house, this is what we pay." I've seen houses wired for $1.40/ square foot. I never saw anything over $2.00 square foot. There are so many electricians bidding on the few homes they are building now, I would hate to see what the going rate is.
Around here, residential is dead.
That's what's known as a self-fulfilling prophesy.brantmacga said:The company I was working for in '05 ate every bit of that copper increase. I kept asking my boss why he didn't just raise the price. He said because no one would pay it. That never made sense to me.
brantmacga said:i wonder if mine's about to go up. i just got slapped with an audit.
brantmacga said:The company I was working for in '05 ate every bit of that copper increase. I kept asking my boss why he didn't just raise the price. He said because no one would pay it. That never made sense to me.