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If you elect to renew coverage two days after expiration, some companies may agree to make coverage continuous (for licensing/contract requirements) but they will likely require you to sign a No Loss Statement.

2012-07-08 05:20:29
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Related Questions

What is the Liability of homeowner acting as General contractor?

Homeowners insurance does not have liability coverage for your job occupation. You can obtain contractors insurance for liability coverage.

Does contractor liability insurance cover poor workmanship?

No. Workmanship is not covered under a artisan contractors liability policy.

What is contractor liability insurance?

Liability insurance is required for contractors in many states as a requisite to work. It protects both the contractor - the worker, and you - the employer, from any liability if the contractor is injured on the job (at your home.) Basically, if he is insured, you don't have to worry about being sued if he gets hurt on your property.

Where can one find a contractor for general liability insurance in Mobile Alabama?

Yellowpages is a great resource to find a contractor for general liability insurance in Mobile, Alabama. The website contains contact information for multiple contractors.

Is liability insurance the only insurance available for contractors?

The answer to this question is no. There are lots of liability insurance available for contractors. It is depends on what kind of insurance the contractors wants to purchase.

Is there a professional liability insurance for a Residential contractor in SC?

What your looking for is Commercial General Liability Insurance for contractors, not professional liability insurance.And Yes. Almost any Commercial lines carrier will provide CGL coverage as well..

How do you find out if a contractor has liability insurance?

It depends on the state most of them will have a website that you can check with the contractors state license board. Ask for a certificate of insurance.

Which insurance carrier pays on Florida condo negligence of contractor claim?

The contractors General Liability Insurance would cover accidents and quality of workmanship issues that result from the activity of the Contractor.

What kind of insurance policy do I need to start a construction business?

Most states require some form of contractors liability insurance for contractors to operate a business. It is also in the contractors best interest to have liability insurance to protect against any type of problems which may arise during construction. Liability insurance is also a marketing tool which many customers like to see when choosing a contractor.

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.

As an independent sub-contractor are you required to get professional liability insurance?

This depends on a number of things. It's hard to say without knowing what kind of work you are sub-contracting. First determine if you need Professional Liability coverage Or Commercial Liability Coverage. They are very different products. Most General Contractors do require the subs to carry insurance. Otherwise the General Contractor will have to pay much more for insurance coverage that effectively covers his or her own activities as well as those of the sub-contractors. If the General Contractor you are doing work for already has coverage for his subs under their insurance (usually not). What is the nature of your agreement with the General Contractor. Some Contractors insurance policies cover subs while others do not.

Where can one get liability insurance for contractors?

There are a few insurance companies out there that provide liability insurance to contractors and small businesses. Among them are Progressive, UCI Agency, Geico and Veracity Insurance.

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.

How much professional liability insurance does a sole proprietor painting contractor need?

A contractor Buys Commercial Liability Insurance in the contractor class, not professional liability insurance. The amount needed is typically determined by the exposures presented or as specified by the employer.

Are contractors required to have liability insurance in Texas?

No, there is no legal requirement at the time of this answer. There is however a requirement for registration with the state of Texas. Having General Liability Insurance though is the first sign that you are hiring a responsible and perhaps reputable Contractor.

Does homeowner insurance cover a contractors mistake?

The contractor should be bonded and carry liability insurance and you need to require proof of this before they start. Homeowners insurance is not meant to guarantee work on homes.

Are defense expenses paid in a contractors professional liability policy?

A Professional liability insurance Policy, as well as a contractors General Liability Insurance policy will provide coverage for the cost of legal defense.

What is an insured contractor?

An insured contractor is a contractor who carries a Commercial General Liability Insurance Policy.

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.

Can a homeowner file a claim with the contractors insurance company?

Yes, That's why you always make sure your contractors are insured before you hire them. The contractor should always carry General liability insurance to cover the cost of accidental damage to a property they perform work on. Most General Liability Insurance policies will also have coverage for completed products and operations as well.

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 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.

Is gerneral liability insurance for contractors required in the state of Calif?

As of this date, liability insurance is not required but SB2029 requires that home improvement contractors disclose to home owners in writing to any potential customer whether or not they carry commercial liability 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.

Can general insurance be backdated?

can a contractor have liability insurance backdated to show the company was insured