Why a business should request insurance from a contractor
A certificate of insurance is a document that verifies the existence of an insurance policy and provides important information about the coverage it offers. By the insurance from a contractor, you can ensure that they have the necessary coverage to protect your business in the event of a claim, lawsuit or injury onsite.
How a Certificate of Insurance can protect your business
For businesses, having a certificate of insurance can provide valuable protection in the event of a claim or lawsuit. A certificate of insurance is a document that verifies the existence of an insurance policy and provides important information about the coverage it offers.
What is my liability from an uninsured contractor?
Will I be liable if an uninsured contractor is injured on my project? According to the Bureau of Labor Statistics there is on average 150,000 construction site accidents each year. Hiring an uninsured subcontractor to work on your job site could open both yourself as well as your client up to financial damages.