We are reducing auto insurance premiums for Connecticut drivers. Here we go! Absolute! All reputable contractors are required to take out insurance, and it shouldn`t be a big deal if you ask for copies. If the contractor seems shady to give you the necessary information, don`t hire them. Do you want to deal with all this? No, isn`t it? For this reason, you need to hire a contractor who has taken out insurance. In the same way that you check if your contractor has insurance, your contractor must check that their subcontractors also take out insurance. Workers` compensation covers the contractor`s employees in case someone gets injured while working from your home. Without this coverage, you are responsible for the employee`s medical expenses and loss of work, as well as any other liability that may arise. This ensures that the entrepreneur knows what to do and whether his insurance covers him. It also protects you (as a company/owner) and their employees, as you can define what should and should not be done. Auto liability is overlooked by many owners of owners and businesses who hire contractors. Some contractors are not large enough to justify a fleet of work vehicles, and some projects do not require this coverage. Review your particular project to decide if automotive liability is something you should add to your contractor`s requirements. Avoid taking a person`s word for it when they say there is insurance.

Verbal confirmation is of no use if the person is actually injured while not insured. Ask the person to ask their broker to send a certificate of insurance. If the broker sends it by email or fax, the policy may be revised. In some cases, small businesses may try to convince homeowners that insurance is not necessary. Avoid falling into this lie as it is a common trap used by hobbyists to convince owners to buy services or products that are usually of poor quality. In addition, damage or inadequate services due to the lack of insurance must be compensated out of pocket. Find out how we beat the prices of the biggest car insurance companies! Yes. It is common to record all your requirements in writing before requesting quotes. This also includes proof of insurance.

Spring is FINALLY here and I saw a lot of work in the city last weekend. Tree cutters, landscapers, pool boys and homeowners were on the road in full force to prepare for the start of the spring season. We often get this insurance question, so we thought it was a good time to publish articles about why you should ask workers for proof of insurance. Typically, there are little or no fees when it comes to the contractor requesting a certificate of insurance from their supplier, so you don`t feel like you`re asking for too much. A contractor should also not charge you for the presentation of a certificate of insurance. In New York, it is illegal to work with a license from the Department of Consumer Affairs, a license required by all contractors without a valid insurance policy. If your project requires permits, a contractor may be delayed in obtaining these permits if their insurance coverage has expired and is not updated with the Ministry of Buildings. Here are some examples of the types of workers and services for which an owner should apply for insurance certificates: Contractors often have equipment and tools in their trucks. If there was an accident while loading these materials into the truck or unloading the materials into your building, it would be an auto insurance claim and not a general liability claim. You need to know the difference between insurance and deposit before requesting this information. Insurance protects your contractor against lawsuits resulting from damage to people or property. A lawsuit against your contractor is paid by the insurer, which increases the likelihood that you will be compensated in the event of a win.

The suretyship, on the other hand, is an independent confirmation by a third party that the contractor is competent to carry out the work. If the contractor does not perform the work in accordance with the standards, the surety agency will pay a portion of your loss. Contractors and carpenters should have a general liability policy or LGC designed for their field of work. Professionals such as CPAs and consultants should purchase professional liability insurance, which includes coverage for errors and omissions. Temporary workers should also take out insurance against accidents at work. This is especially important if they use a large team of their own staff to carry out a project. If vehicles are used at work, also ask for coverage for commercial cars. Whether or not to ask for proof of insurance for each service contract is a decision that every owner must make. However, it`s especially important to buy coverage if you`re paying large sums of money for jobs.

Also consider the nature of the job and the risk of injury. To learn more about these types of insurance, discuss your concerns with an agent. Entrepreneurs should not only have insurance policies for general liability. You should also be insured for workers` compensation. If your contractor says they have insurance, that`s a good thing. However, this should be supported by an insurance certificate, because this way you know that the insurance coverage is up to date and up to date. Certificates of insurance are not issued for insurance policies that have expired or are not paid for up to date. The main reason we suggest adding commercial auto liability insurance to your contractor`s insurance requirements is loading and unloading coverage. If you don`t know where your contractor is looking at the insurance, ask the subcontractors to provide a certificate or ask the contractor for copies of the insurance certificate.

This also applies to subcontractors: Ask your contractor for a list of all subcontractors on an order so that you can also check their insurance status. Under state law, individual entrepreneurs are not required to provide workers` compensation for themselves. This is a risk you need to be prepared to take when hiring a single contractor. Small, harmless projects are unlikely to get hurt, so it`s okay to hire a contractor without workers` compensation insurance. However, if you find that you really want to hire a contractor for a more dangerous project like roofing or painting, you can call us to discuss the risks you will be exposed to. General liability insurance covers the contractor for any damage to someone`s home or property that he or an employee may cause. This type of coverage also includes an injury to you or a family member who could be injured due to the contractor`s negligence. Your contractor will be hurt – or he will hurt you. Either way, you`d better both have insurance to avoid a contractor`s liability nightmare. .