Overhead and Profit

O&P is and insurance term that refers to “Overhead and Profit”, which is when insurance companies agree to pay contractors additional money for coordinating multiple trades on a job.

General Contractors should get O&P

How to get Contractor Overhead and Profit on an Insurance Claim

You completed the job but the insurance carrier doesn’t want to pay for overhead and profit (O&P). Contractors run into this issue all the time. So, how do you overcome it? Let’s start with the basics… WHAT IS OVERHEAD AND PROFIT? Overhead and profit are actually two different types of costs but they’re typically paired …

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