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What insurance should a contractor have when performing work on my home?
Wiki User
∙ 10y ago
You should at least make sure that they are carrying $500,000 - $1,000,000 in liability limits on a general liability policy. This will protect you from any losses that they may cause such as a fire etc. You need to ask them for a certificate of insurance. Make sure you get it from their insurance agent and not the contractor.
Wiki User
∙ 10y ago
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What does an insurance contractor do?
The job of a insurance contractor is to find you the best deal possible for your insurance needs. This could be anything from motorcycle to mobile home insurance.
Does home owners insurance cover required city permits due to damages to the home?
Your insurance will pay the contractor. The contractor gets the required permits. The contractor will have already factored in the cost of any permits needed to make your repairs into his bid for the job.
If you hire a contractor to work on your home what insurance should the contractor have?
They should at a minimum have a commercial general liability policy for the protection of your property.The contractor should also carry the necessary medical Insurance for his workers. The home owner is "not" responsible for injury to a contractor's employees unless the home owner was somehow personally responsible for that injury. Just having hired the contractor does not create a liability for the health and safety of the contractors workers.The contractor is responsible for obtaining the appropriate protection for his workers as well as for his liabilities. Employee injury coverage is the responsibility of the contractor.AnswerThey should also definitely have Workman's Compensation insurance. If they don't and one of their employees gets injured while working on your project you could potentially get sued by the employee if the homeowner personally caused the injury. Again, make sure to see a copy of the policy.
Can I accept property money damages from both my contractor's insurance co and my homeowners insurance?
No!! It is highly illegal for you to do this. When you make a claim on you home insurance for something that was the fault of your contractor you sign over all subjugation rights against this contractor to your insurance company. This means that if your home insurance pays any part of this claim you give them all your rights to go after the contractor, which they will do. They will go to the contractor and their insurance company to get reimbursed for any amount they paid plus costs. In most states it is considered insurance fraud for you to even try to collect damages from two places for the same claim.
Does insurance cover damage from thermal treatment?
No,, Your home insurance policy does not cover work performed by your chosen contractor. That's what the Contractors Liability insurance is for.Your contractor who provided the thermal treatment service should have General Liability Insurance to cover damages that were created or caused by the work they performed.Never hire a contractor without first verifying they have the appropriate coverage to protect their clients.
Will insurance cover joists falling off of main girder?
If you are having this construction done by a bonified contractor, then their insurance should cover any/all damages. If you, the homeowner, are doing the construction and someone gets hurt, your home hazard insurance policy should cover that. Your home policy most likely will not cover other damages.
A home owner should get at least 5 quotes before deciding on a siding contractor. ?
A home owner should get at least 5 quotes before deciding on a siding contractor.
What does Sterling auto insurance offer?
The Sterling Auto Insurance company offers more than just automobile insurance for Pennsylvania residents. Residents of Pennsylvania can also get home and contractor insurance.
Will Home Owners Insurance cover floor damaged by poor installation?
Generally No, Your homeowners insurance does not provide coverage for the quality of workmanship you hire from a contractor or builder. Your contractor or your contractors General Liability Insurance Policy would offer coverage for your loss. This is why it's always best to check out a contractors credentials. You should always verify they are properly licensed and carrying the appropriate insurance before any work starts.
What is the typical cost for workman's comp insurance for a subcontractor (drywall)?
Information about home building and sub contractor insurance can be found here http://www.byoh.com/subcontractorinsurance.htm
Can you claim poor workmanship on home owners insurance?
No. You can't claim poor workmanship on any kind of insurance, even the contractor's liability insurance. Poor workmanship is remedied by having the contractor come back out and re-do what was messed up in the first place. A contractors work product is specifically excluded from insurance if you read the exclusions.
When an insurance company is dealing with a fire in your home how long would it take for the replacing of your home?
You will have to ask a Home Builder (Contractor) about how long it will take to rebuild your house. Your insurance company can usually resolve the claim portion withing 60 days. If you are having a disagreement with them then it could take longer. Your Homeowners Insurance company won't be rebuilding the house, they just pay the bill to whomever you choose to as the contractor to build the house for you.
