Labor Force Insurance

Dallas contractors Insurance, Dallas General liability, 972-217-8907  well it’s the days of less than triple digits has seem to have slipped into memory and the heat has begun its assault on our contractors here in Dallas/Fort Worth and North Texas. So, you might want to take precautions because may be the heat can be just downright dangerous. Today were going to continue on the path of codes and coverage’s and how that may affect your overall premium and possibly how a claim is adjusted. If you come across a question today just give us a call at your convenience we will do all we can to answer your questions on your Dallas contractors insurance, Dallas general liability.

The question is this

If all of my subcontractors are insured then why would it be prudent for a small general contractor to carry insurance? So, as an example if a person was doing a remodel job and had three contractors and all had insurance why would it be necessary for the person who hired the “insured subcontractors” to have coverage? Now, you’ll read this a lot in our blogs because there is a gray area here. Could it be possible that a subcontractor have a claim of say $30,000 in their insurance company pay that and walk away? The scenarios are long and plausible yet here is the one that affects a small contractor the most. If you were to hire an insured…

• Plumber
• Electrician
• Concrete Contractor
• Flooring Contractor
• Heat/Air HVAC Contractor

It seems that most of the time the plumber, HVAC and electrician will carry insurance. We will address matching limits in another blog, yet today were going to talk about claims. What would happen if a claim were to arise by an insured subcontractor and the claim was paid and the insurance carrier turned around and litigated against you the person who hired subcontractor whom had the claim?

Endorsements

Now, there are precautions that you might want to take with your insured contractors that can quite possibly help in case of a claim when it comes to exposure. You may want to be a certificate holder on your subcontractors insurance and being named as an additional insured with a waiver of subrogation. Now, before we go into the explanation of what protection that may afford you let’s start with a different question. We started with what happens if the insurance company pays a claim and you receive a notice that you have been named in a lawsuit by the carrier that paid the claim.

What happens next

Now, here is the question that I don’t know that anyone could answer 100% accurately, would this happen if your HVAC or any insured subcontractor’s company pay the claim? For this blog all we can say is we just don’t know 100% yet that is not the question. The question remains the same who is going to pay the bill if you are named in a lawsuit because of a claim? Now, this is with the assumption you have no Dallas contractors insurance, Dallas general liability.

Disclaimer

Ok, we will go over the rest of this and throughout the end of July on claims and subcontractors. All of this so much falls into a gray area and I wrote this and this is my opinion in my opinion only. The scenario offered is based in subjection and has no reality or footing in reality whatsoever. If you have a question you can certainly call us or your agent if you have a policy already in place. This is for entertainment only and nothing else. I/this blog/this website – offers no warranty or guarantee whatsoever ever. Have a blessed day and thank you for dropping by. More on Disclaimer click here.