Risk Management

Common Misconceptions About Component Manufacturer Warranties

Component manufacturers commonly ask about truss warranties. What type of warranty should I give my customers? If I give no written warranty have I protected my company? Are all my products covered by a one-year warranty or the same 30-year warranty that builders give their customers? Should I sign the contractor close-out warranty presented to get my final payment? Can I be sued after the expiration of the warranty? Should I warrant my products to only my customer? SBCA Legal Counsel Kent Pagel will address all of these questions and many more in this valuable risk management webinar.

With respect to your business, what do you dwell on before you go to sleep? What’s the first thing you think about when you wake up in the morning? If I were to hazard a guess, I would say the most common answer in our industry right now is related to labor challenges and greater production. Given all we have been learning at the SBCA meetings over the past year, I would argue we also need to be constantly focused on our exposure to risk.

One of the most valuable reasons to attend SBCA meetings are the unexpected things you learn. At the most recent Board meeting in San Diego, it was mentioned during the IT Committee report that they were discussing ways to educate component manufacturers (CMs) on the risks and impacts of ransomware attacks.

Why quarterly insurance policy reviews are important.

What level, if any, of responsibility does a CM assume if the contractors on the jobsite use our layout plans to do more than just put the walls together? Specifically on the job in question, the panel layout was used to place plumbing for a kitchen island. Unfortunately, the layout had the pony wall for that island out of place by 11”. As a result, there is additional work needed to relocate the plumbing.

Do you know how much coverage you have or what to do if a collision occurs?

From increasing security to improving the quality of temporary workers, the cameras Woodhaven installed six years ago have provided a significant return on investment.

OSHA announced a heightened focus on cuts and amputation hazards after having received more than 2,600 reports of amputations nationwide in 2015. One CM discusses the benefits of taking a proactive approach, starting with proper machine guarding.

For decades, SBCA Jobsite Packages have helped component manufacturers (CMs) provide handling and installation guidance to their customers with every order. These pre-assembled packages of instruction documents, attached to truss deliveries in a zippered plastic bag, are now available in a digital format.