Business Autmobile Homeowners Life & Health Insurance Trucking Get A Quote Home Page
  Insuring Your Future Today with the Best Coverage at the Right Price for You and Your Needs

The economy is improving and remodeling projects are increasing.  If you will be hiring a contractor, make certain they are Insured.  The contractor should  provide proof of Insurance to you in the form of a Certificate of Insurance (COI).  The COI should illustrate: 

  • General Liability Coverage – this will protect you from bodily injury and property damage claims
  • Workers’ Compensation  (WC)– if an employee of the Contractor is injured on your property and the contractor does not have WC, chances are good the employee is coming after you since it happened on your property. 

If they are not insured, it illustrates a lack of business professionalism, and they are putting you at risk. 


Here are some Claim examples:

  • Deck Remodel: Contractor does not properly install handrail on stairs.  A guest of your home is injured when she falls down several stairs due to handrail failure. Due to severity of injury she hires an attorney.   When it is determined the contractor is not Insured, claim is pursued against the Homeowner. 
  • Carpet Installation: Installers are moving furniture around to make room for new carpet. One of the Installers damages your wall mounted expensive flat screen TV
  • Upstairs Bathroom Remodel: Employee turned off Toilet Valve, and it broke off (it turned out it was a corroded Pipe). Floods main floor and basement of your home.  


With regards to the COI, it is best to ask the contractor to have their Insurance Agent forward the COI to you –  if they balk at that and say they can do it, this is a concern – there are some unscrupulous contractors that will develop a false COI.   If you are a client and you would like for us to review the COI for you, we will be happy to do so.


Hopefully this post has some use.  If it does for you and some of your friends/family please use the Facebook share button below. 


Posted by Dan Hebbeln: dan@hebbeln-ins.com

Posted 8:22 PM  View Comments

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Hebbeln Insurance
744 Spirit of St Louis Blvd, Suite H
Chesterfield, MO 63005
  Find Us on Facebook Find Us on Twitter Connect with Us on LinkedIn
Home | About | Services | Contact Powered by Insurance Website Builder