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form_title=Contractor Equipment Insurance form_header=Whether your business relies on owned equipment, leased equipment, or hand tools to get the job done- there is an insurance option for you. Are any of the tools or equipment used or located underground?= () Yes () No Do you use cranes?= () Yes () No Please describe the primary operations of your business:=_ What is the value of the equipment you own? =_
What else can I help you with?
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).
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.
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 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.
What is an insured contractor?
An insured contractor is a contractor who carries a Commercial General Liability Insurance Policy.
How can I verify if a contractor lied about their insurance coverage?
To verify if a contractor lied about their insurance coverage, you can request to see their insurance certificate directly from the insurance provider listed on the certificate. You can also contact the insurance provider to confirm the contractor's coverage and ensure it is valid and up to date.
How can i get a copy of a contractor's liability insurance policy?
Ask the contractor for a copy.
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.
How much is insurance for a contractor in Idaho?
It depends on what type of contractor. Contact a local insurance agent who will be able to give you a quote.
What type of insurance coverage should a roofing contractor have to protect their business and employees, specifically roofing contractor insurance?
A roofing contractor should have liability insurance and workers' compensation insurance to protect their business and employees. This type of insurance, known as roofing contractor insurance, helps cover costs related to property damage, injuries, and legal claims that may arise during roofing projects.
Where can you purchase contractor insurance?
Contractor insurance can be purchased through the Aegis, Nationwide and Progressive insurance companies. Also, both the Contractors Insurance business and organization sites offer aid on the subject.
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.
