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What else can I help you with?
Do painting contractors have to be bonded or insured in case of damage to the property they are working on?
It's recommended that a painting contractor be bonded for anything costing over $500. Make sure that the contractor's bond limit will cover the cost of your repair before work begins.
Why is general contractor insurance required?
Contractors will be required to carry a minimum of public liability insurance when working on sites. This provides indemnity against damage to property or persons caused by the contractor, his staff or his equipment.
Do you need bonding to operate a cleaning service?
Normal business insurance is sufficient for a cleaning service. Bonding is usually only required in dangerous occupations or when there's a potential for a contractor to do serious property damage. For example if you're operating a bulldozer on someone else's land you might do serious damage to their property and should be bonded against claims.
Where does it say that contractors generally aren't liable for damage to Government property caused by defective items delivered and accepted under the contract?
FAR 46.803(a)
How do you do wiring in a home?
* ELECTRICAL INSTALLATION AND REPAIR MUST BE DONE BY QUALIFIED AND LICENSED ELECTRICAL CONTRACTORS. Improper procedures can be injurious or fatal, and damage or destroy your property.
What are the main rules used by contractors general liability insurance?
Contractors general liability insurance is based on one of two things, total receipts or payroll and cost of subcontractors. Contractors general liability insurance covers a company if their employees get hurt on the job or cause damage to a property while working.
Does homeowners insurance cover damage to your neighbor's property caused by construction on your property?
Actually, This is covered under your Contractors General Liability Insurance. If your contracting builder does not have insurance, you need to get rid of him, and find another contractor immediately.
What are the most important types of insurance coverage for roofing contractors?
The most important types of insurance coverage for roofing contractors are general liability insurance, workers' compensation insurance, and commercial auto insurance. These policies help protect contractors from financial losses due to accidents, injuries, or property damage that may occur during their work.
What kind of protection does property insurance provide?
It provides protection against damage or theft to items on your property. If something like a fire happens at your residence and damages your property, property insurance covers that.
Are debris removal companies required to have insurance to protect against injury or damage to property?
All legitimate businesses have insurance to protect against injury and/or damage to property. Before engaging the service of any contractor, it is wise to make sure that the contractor is sufficiently insured.
Do you need hazard insurance for your property?
Yes, hazard insurance is typically required for property owners to protect against damage from natural disasters or accidents.
What powers do the courts have when personal or private property is damaged or destroyed?
In the event that there is personal or private property which has been damaged or destroyed, the courts can help. The person with the damaged property can file a lawsuit against the person who is responsible for the damage. If the court finds in favor of the person who has filed the lawsuit, it will enter a judgment against the person who damaged the property, which will make them legally responsible for paying for the damage.
