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How expensive is it for contractor liablility insurance for employees?
Wiki User
∙ 11y ago
Liability insurance typically varies based on a number of factors specific to your business. The premium a company pays depends on its risk factors. Contacting insurers directly to receive a quote, or searching for liability insurers online would be the best way to find the premium your specific business would expect to pay.
Wiki User
∙ 11y ago
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Does homeowner's insurance cover a contractor working on my property and has an accident?
No, Your homeowners Insurance does not provide coverage hired workers. A contractor is responsible for his own insurance policy or workman's compensation to cover injuries to himself and his employees. A contractor is not your employee and therefore not your responsibility, he is self employed.
Does the owner or contractor purchase professional liability insurance?
Traditionally the contractor provides the Insurance. The owner verifies that the contractor has insurance prior to hiring that contractor.
What kind of auto insurance and liablility to operate a party bus?
You would need to buy a commercial auto policy.
What is contingent liability insurance?
Liability of individuals, corporations, or partnerships for accidents caused by people other than employees for whose acts or omissions the corporations or partnerships are responsible. This particular situation may arise when an independent contractor is hired. The business can be held liable for negligent acts of the contractor to the extent that its representatives give directions or exercise control over the contractor's employees.
Is auto insurance cheaper than other insurance?
The only answer one can give on this is 'it depends'. Usually it is more expensive than homeowners insurace, but less than workers compensation or liability insurance on a roofing contractor.
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.
When I start my small business, what health benefits should I offer my employees?
Starting a small business is very expensive but you want to offer health insurance to your employees. You can also offer dental and eye-care insurance.
You are hiring a carpenter for a house remodel Do you need to get workmans comp insurance?
You should hire a licensed contractor. He should already have liability insurance and workmen's comp for his employees. If you do not hire a properly licensed contractor, all the liability for anything tha might go wrong falls on you. If your insurance company discovers that you hired an unlicensed contractor, they could, and probably will, deny payment on any claims you may file. Tread cautiously!
What is an insured contractor?
An insured contractor is a contractor who carries a Commercial General Liability Insurance Policy.
How can i get a copy of a contractor's liability insurance policy?
Ask the contractor for a copy.
A contractor and his subcontractor are working the same job and the sub damages the contractors equipment whos insurance pays?
The contractor should make a claim upon the sub-contractors insurance and/or bond. If the sub-contractor defrauded the contractor on having insurance and/or bonding in place then he should report the contractor to the State licensing board, file claim on their insurance, and civil lawsuit (if the insurance company does not directly file or pay).
Which companies offer IT contractor insurance?
There are several companies that offer IT contractor insurance. Hiscox, Markel UK, The Indemnity Brokers and Contractor UK are amongst the few that offer it.
