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Insurance Control Saves You Money


When the insurance auditor shows up, you aren't concerned when you have Basic Builder. If you keep poor insurance records, the audit can cost thousands. You know how easy it is to forget to check for a current insurance policy every time you pay a sub. You also know that you will pay for his insurance if his is expired. With workers compensation insurance skyrocketing (over 50% for roofers) you can ill afford to make mistakes in this area. With Basic Builder, you are protected. The subs' expiration dates are recorded along with the percentage you wish to hold if their insurance is expired. You also record the rate you must pay for them. Every time an invoice is submitted, the program checks to see that they have insurance. If it is not current, it deducts a percentage from the labor part of the invoice (the same way your insurance auditor calculates what you will pay him. If you take more than you have to pay, Basic Builder will show you how much in an insurance analysis report.

You put insurance information on file for each sub:



The analysis report shows if you are withholding enough. This is a version of this report for your insurance auditor showing the invoices and the premiums.

When you enter an invoice for a sub with expired insurance, you get a bulletin and the program withholds based on insurance information on file:

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