What Does a Contractor Need to Tell Their Insurance Agent? | Pro2Pro | This Old House

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  • Опубліковано 16 лис 2024

КОМЕНТАРІ • 8

  • @johnglover6813
    @johnglover6813 4 роки тому

    Contractors need to give their agent an accurate description of the type of jobs they do and the types of agreements they enter into. The biggest pitfall for a contractor is when they fail to buy a policy that meets the terms of their construction agreements. I've had contractors call me asking for help because they didn't buy the correct coverage from another agent and now the general contractor is holding up their check until the insurance issues get resolved.

  • @meme7591
    @meme7591 5 років тому +1

    So why would they not get paid without the certificate of ins.. meaning is it in the contract done up by the customer they need that to get paid? I'd like to know what things to ask a contractor for different jobs. To insure I get it done right and on time and if something goes wrong are they covered? Also am I liable on my property if they get hurt and how do I protect myself?

    • @johnglover6813
      @johnglover6813 4 роки тому

      Typically you will want the construction agreement to contain insurance provisions (limits, types of coverage. etc.) and language that states that the contractor must provide you with a certificate of insurance (with additional insured) BEFORE starting work. You may be liable for injury to third parties hurt on your property. The construction contract should contain indemnity language shifting this burden to the general contractor. It would be wise to consult a local attorney to review any construction contracts to be sure your interests are protected.

  • @johnnyfeathers2567
    @johnnyfeathers2567 5 років тому +3

    Ok we need some better vids again showing the fellows out in the field.

  • @Fe7Ace
    @Fe7Ace 5 років тому +1

    Hmm.. I'm hoping they don't make a habit out of chopping up their live streams into tiny bits to re-upload. It's spammish in my subscription folder and all this is duplicate of super recent content. We're use to re-uploads here sure, but a whole horde of short clips of something we seen 2 weeks ago is kinda annoying.

  • @ayayron7776
    @ayayron7776 5 років тому

    Wow

  • @prakashgudimetlagudimetlap2533
    @prakashgudimetlagudimetlap2533 5 років тому

    Hallo friend's super

  • @adamtheheavyequipmentmechanic
    @adamtheheavyequipmentmechanic 5 років тому

    this sucks, is this old house giving up on youtube?